How Twitter saved the news business (at least a little)
In a rapidly-evolving world packed with self-proclaimed social media gurus, ninjas, rock stars, titans, evangelists, experts, consultants and online marketing whizzes, you might be excused if you thought the traditional media had lost its influence.
After all, many will confidently tell you just that – that mainstream media is dead or dying, having been mortally wounded by legions of citizen journalists not beholden to the pressures of advertisers or friends in high places.
They may even claim that prominent social media users have replaced media professionals as the new agenda-setters. And in some cases, especially among some trending topics, that could even be true.
But here’s the thing: In topics where actual news is involved, it’s not true at all.
Instead of killing traditional media, as this TechCrunch post (about Osama Bin Laden) along with a series of MediaMiser reports have shown, social media has rather become an amplifier of traditional media and its journalists (while at the same time allowing everyone else a chance to voice their opinions too).
The reasons for this are simple, in my view: the traditional media – at least most of it – is still viewed as a trusted source and one that’s relatively objective. Bloggers and Twitter users with hundreds of thousands of followers, while wildly popular, just don’t have that same level of trust with the public (some do, but it’s a small minority).
Just take a look at the influence ratings derived from some of our recent reports such as Keystone XL: A social media and online news analysis (January 2012), our infographic on January’s Liberal Convention, or our December 2011 report on the Beyond the Border initiative, in which seven out of the top ten and four of the top five influencers were either media outlets or journalists.
These journalists and outlets might not even have as many followers as others, but that doesn’t seem to matter – their message still gets disseminated farther than anything Lady Gaga has to say. This is similar to what a New York Times writer found when he did a similar analysis.
All this should be taken in context, of course; while driving web traffic and interest certainly helps build and maintain credibility, it doesn’t necessarily pay the bills. Online advertising is still in many ways in its infancy, while readerships and viewerships in many cases still seem to be dropping. while print media, especially, has considerable challenges ahead. It likely will never be as profitable as it was during its heyday.
But it should cheer media outlets and journalists somewhat to know that, rather than being replaced by social media, they’re in fact dominating it. And for good reason.




Published: 2012-01-28 23:37:03 User:
Published: 2012-01-29 20:21:43 User:
Published: 2012-01-28 21:56:20 User:
Published: 2012-02-07 16:09:28 User:
Published: 2012-02-06 20:37:27 User: 


















