The future of news is both a fiscal and emotional issue. Newsrooms across the country are struggling with the economic realities across the spectrum from energy costs to the impact of the internet. On the emotional side, the press, vilified as it is by those whose agenda it suits, still remains a cornerstone of a free, democratic society.

Somewhere in the 1980s, the discussion of fairness of news organizations became a central part of the political and general discourse in American society. This debate chipped away at the credibility and integrity of journalism as an institution. The bickering, some real, some imagined combined with the explosion of blogs and citizen journalism created threads of 19th century yellow journalism which was woven into the once trusted resource of Cronkite and Murrow. The result is a crossroads for American journalism.

Despite the gloom of many newsrooms, it is an exciting time for American journalism. When accomplished reporters for the New York Times (and many other newspapers) are not constrained by one format and can tell their story with video on their newspapers website, that is exciting. It is exciting, when a television reporter can extend their piece, which before the web was a one time only production, to include conversations from viewers via a blog. It is an exciting time when the insights of citizens can be tapped to cover a topic that may only affect a small neighborhood, but nonetheless, makes that community grow closer.

The issue is in large part about the money and who will pay for this information. Economies of scale of the mass produce and consume 1900s no longer apply. Financial sustainability of the news media as we know it now requires innovation on the part of the news organization to develop new products, creativity on the part of business/advertisers to financially support communities and causes in which they believe, (without getting in the way of truthful reporting where appropriate), and citizens to become more involved with the news.

I see it this way. Before 2000, the news was a cookie sheet. A metal surface used to produce the same product on a regular basis. Today news is the cookie dough. Consumers of the news want to shape the information as they need it. They want to add to it from other sources, they want to share it with anyone and everyone, and they want to consume it wherever, whenever, and however it best suits them. Journalism will thrive when it figures out how to generate revenue with this new dough.

People like Chris O’Brien and the Next Generation Newsroom project are in the middle of these exciting times. The Project for Excellence in Journalism and Rick Edmonds of the Poynter Institute has done an wonderful evaluating the trends in news organizations and the way Americans are consuming information.

Today, Thursday, June 12 I’m participating in a panel on the changing face of the news media put on by the St. Paul Chamber of Commerce. Add your comments below, email them to me at amaruggi AT providentpartners DOT net or tweet them at www.twitter.com/AlbertMaruggi

Panel Discussion – Changing Face of Media/Alternative Media Sources/Credibility vs. Sensationalism.
Purpose: We are interested in exploring whether or not, how and why traditional media such as newspapers and television are being supplanted by internet resources and user generated media such as Youtube and Facebook. How are younger generations (Gen Y) using the new media and how they will gather news and information in the future.
Moderator:
Liz Bogut – Communications Director, Saint Paul Area Chamber of Commerce
Panelists:
Joel Kramer, Editor and CEO of MinnPost.com
Kristin Henning, Publisher, The Rake
Barbara Laskin, Media Relations Manager - Macalester College
Thom Fladung – Editor - Pioneer Press
Albert Maruggi - Founder and president of Provident Partners

Time 16:56

A major change for a company marketing today is the transformation from “messaging to the masses” to “valuing the individual.” This value can be shown by first understanding lifestyles, priorities and associations of a company’s buyers, rather than their age and income, then tailoring a personal approach that is relevant to their needs.

We discussed this issue with David Meerman Scott, author of the New Rules of Marketing and PR. In the podcast, we highlight the following:

–The need to move away from messaging to return to a more personal style of communicating. I would term it a function of transforming from the industrial age to the service age. Service is about the individual, and industrial is more about the masses.

–How companies can take advantage of the value web search engines place on relevant and fresh content. That means companies need to put greater emphasis on being a provider of valued content. For example, our client Technomic Asia doing the China Business Podcast to discuss issues related to - you guessed it - China business. Or Whirlpool, an example of a company that uses its podcast as a vehicle to discuss issues of concern to its audience, rather than discussing Whirlpool’s products. That podcast covers topics like juvenile diabetes, toddler safe play, and how to get organized — nothing to do with appliances but everything to do with what their audience values.

Scott has a bit of different perspective on the issue of “conversations as marketing.” He does make a distinction from these new marketing and PR rules and the conversation that is usually reflected in social media. He contends social media is a subset of the new rules of marketing. Some situations are more about being relevant for your buyer’s persona and they may not be looking for a dialogue. Companies that are unsure of whether they should blog can still implement tactics hat allow them to benefit from the new rules of marketing.

According to Scott, the new rules of marketing do not necessarily equal conversations. The first steps are about achieving a greater understanding of the individuals in the communities a company is attempting to serve and creating content that they value.

The Marketing Edge book drawing for April will be Scott’s book. Send an e-mail to marketingedge@providentpartners.net with the words “New Rules” in the subject line.

Also the NewComm Forum www.newcommforum.com is coming. As a listener and reader of the Marketing Edge podcast and blog, if you are interested in attending this conference, shoot me an email for a discount code you can use when registering. It has an excellent line up of speakers with focused conversations on strategies for business communications. I will be there and look forward to seeing you.

Time 21:28

You’ve probably heard about Eliot Spitzer and his, well, lapse in judgment. We’re not going to spend too much time rehashing the ins and outs of what happened and the political significance (or lack thereof, depending on your perspective). Instead, my colleague Mike Keliher, who heads our PR practice here at Provident Partners, and I are going to analyze this situation from a PR perspective and share some thoughts on crisis communication.

As I’ve mentioned before, I worked in politics for a long time, which included a stint as the press secretary for the Republican National Committee. So I’ve been around the block on political communication. In this podcast, we talk about the important considerations in planning crisis communication, using the political example as a teaching point for corporate situations.