The Changing Media Landscape


                  JYU, The Business of Media in the Future
                           Tiinu Wuolio, Medita Communication 8.2.2011




9.2.2011	
  
Who is talking

       »  PR consultant, co-owner and ceo of Medita
               •  an independent consultancy since 1997, located in Jyväskylä and Helsinki,
                  turnover 900 000 euro in 2010, 13 employees in 2011
       »  Clients: industrial and tech companies
       »  Expert service providers
       »  A member of MTL Finland and Worldcom Public Relations Group
       »  Ex-journalist, ex-chair of the council of
          the Union of Journalists in Finland (1995-98)




9.2.2011	
                                                                                    2	
  
Medita – who we are

       »  Background in science journalism
       »  Specialised on contents and communication solutions for technology
          and industrial companies and expert service providers
       »  Core competence in strategic interest group communication, including
          planning and consulting
               •    internal communication
               •    media relations services
               •    contents and publications
               •    web solutions and social media services




9.2.2011	
                                                                       3	
  
The Old Media’s Decline

       »  Quickly changing media consumption habits challenging the business
          model and journalism as a profession
       »  The traditional press growing in the developing countries where social
          media takes a role as a catalyst in radical changes – #Egypt
       »  In the western world the use of online media, social networking, blogging,
          and video growing
       »  Some experts say this will not happen as fast in Finland – more than 40 %
          of Finns (age 16–74) in the Internet
       »  Some expect iPads and tablets to save the old media,
          others say they will accelerate the development




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The Use of Social Media in Finland




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The Use of Social Media in Finland




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                                          6	
  
Willing to Pay for Copies?
       »  However, commercial pressure and tech changes are leading to copy-pasted
          contents in various channels (Pekka Pekkala)
       »  http://www.hs.fi/juttusarja/pekkala/artikkeli/Ilmaiset+uutiset+pelastavat
          +journalismin/1135254397882 (in Finnish)
       »  Who will pay for the copies
       »  Original content growing more and more important
       »  Emerging grey area between PR and journalism, new forms of sponsored
          contents, like Starbucks (quality content for free at the café) or Kaiser Health
          News and Intel’s Free Press
          http://newsroom.intel.com/community/intel_newsroom/free_press/
       »  The future of quality content?
               http://blogit.hs.fi/piilaakso/2010/10/28/vapaata-journalismia-intelista/




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The New Role of PR

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Rob Flaherty @Ketchum




               h.p://blog.prfirms.org/2010/11/our-­‐path-­‐to-­‐unique-­‐value/	
  
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                                                                           12	
  
And the Winner is… PR?

       According to Rob Flaherty, PR has the ability to
       »  offer a peripheral vision across multiple stakeholders (consumers,
          influencers, employees, investors, regulators)
       »  create content that is well received by the audience, and to engage and
          deliver at a hyper-local level
       »  understand targets and identify insights that move markets
       »  produce creative content that captures imaginations and flies across
          increasingly free distribution channels
       »  offer analytics that prove ROI




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                                                                          13	
  
… or Journalism Reborn?




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                       14	
  
Who Will Deserve Your Trust?

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                                    15	
  
What will Change and How Fast?

       »  The importance of the old media has not vanished yet
       »  Media relations with print journalists expected to decrease but they
          increased 2007–2010 (European Communicator Monitor 2010)
       »  Interdependence emerges between traditional media, PR and social media
          and this keeps on changing all parties in the field of communication




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                                                                       16	
  
Who will provide
               the most capturing content
                  and the most reliable
                 source of information?



9.2.2011	
                                  17	
  
Being a pro in the field of communication


               Recognize the interest groups and produce
                         meaningful contents
                                to them
9.2.2011	
                                                        18	
  

Changing media landscape 08022011

  • 1.
    The Changing MediaLandscape JYU, The Business of Media in the Future Tiinu Wuolio, Medita Communication 8.2.2011 9.2.2011  
  • 2.
    Who is talking »  PR consultant, co-owner and ceo of Medita •  an independent consultancy since 1997, located in Jyväskylä and Helsinki, turnover 900 000 euro in 2010, 13 employees in 2011 »  Clients: industrial and tech companies »  Expert service providers »  A member of MTL Finland and Worldcom Public Relations Group »  Ex-journalist, ex-chair of the council of the Union of Journalists in Finland (1995-98) 9.2.2011   2  
  • 3.
    Medita – whowe are »  Background in science journalism »  Specialised on contents and communication solutions for technology and industrial companies and expert service providers »  Core competence in strategic interest group communication, including planning and consulting •  internal communication •  media relations services •  contents and publications •  web solutions and social media services 9.2.2011   3  
  • 4.
    The Old Media’sDecline »  Quickly changing media consumption habits challenging the business model and journalism as a profession »  The traditional press growing in the developing countries where social media takes a role as a catalyst in radical changes – #Egypt »  In the western world the use of online media, social networking, blogging, and video growing »  Some experts say this will not happen as fast in Finland – more than 40 % of Finns (age 16–74) in the Internet »  Some expect iPads and tablets to save the old media, others say they will accelerate the development 9.2.2011   4  
  • 5.
    The Use ofSocial Media in Finland 9.2.2011   5  
  • 6.
    The Use ofSocial Media in Finland 9.2.2011   6  
  • 7.
    Willing to Payfor Copies? »  However, commercial pressure and tech changes are leading to copy-pasted contents in various channels (Pekka Pekkala) »  http://www.hs.fi/juttusarja/pekkala/artikkeli/Ilmaiset+uutiset+pelastavat +journalismin/1135254397882 (in Finnish) »  Who will pay for the copies »  Original content growing more and more important »  Emerging grey area between PR and journalism, new forms of sponsored contents, like Starbucks (quality content for free at the café) or Kaiser Health News and Intel’s Free Press http://newsroom.intel.com/community/intel_newsroom/free_press/ »  The future of quality content? http://blogit.hs.fi/piilaakso/2010/10/28/vapaata-journalismia-intelista/ 9.2.2011   7  
  • 8.
  • 9.
  • 10.
    The New Roleof PR 9.2.2011   10  
  • 11.
  • 12.
    Rob Flaherty @Ketchum h.p://blog.prfirms.org/2010/11/our-­‐path-­‐to-­‐unique-­‐value/   9.2.2011   12  
  • 13.
    And the Winneris… PR? According to Rob Flaherty, PR has the ability to »  offer a peripheral vision across multiple stakeholders (consumers, influencers, employees, investors, regulators) »  create content that is well received by the audience, and to engage and deliver at a hyper-local level »  understand targets and identify insights that move markets »  produce creative content that captures imaginations and flies across increasingly free distribution channels »  offer analytics that prove ROI 9.2.2011   13  
  • 14.
    … or JournalismReborn? 9.2.2011   14  
  • 15.
    Who Will DeserveYour Trust? 9.2.2011   15  
  • 16.
    What will Changeand How Fast? »  The importance of the old media has not vanished yet »  Media relations with print journalists expected to decrease but they increased 2007–2010 (European Communicator Monitor 2010) »  Interdependence emerges between traditional media, PR and social media and this keeps on changing all parties in the field of communication 9.2.2011   16  
  • 17.
    Who will provide the most capturing content and the most reliable source of information? 9.2.2011   17  
  • 18.
    Being a proin the field of communication Recognize the interest groups and produce meaningful contents to them 9.2.2011   18