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How To Be A
Digital Media
Company
In Five Easy Steps
Victor Amani
A Primer for Traditional Publishers
Why change? Why now?
 Keeping up with the Joneses – NOT a good
idea unless you’ve got cash to burn.
 Market pressures – fine, but what if they
abate? Will you ditch your Digital switch?
 Transformation is possible, BUT you must
pace yourself.
Why change? Why now?
 Traditional publishing value systems will need
to change. (Q: Do you have one, what is it
anyway?)
 Can’t slash and crash this like some sort of
short-term project. Commitment. YOU Must
Commit.
Step 1: So what’s the deal?
 Popular news brands NOT always popular on
the Web.
 Few regular updates, long news cycles, too
deep, not ‘spicey.’
 Textual, monolithic content. Few visuals.
 Site flow – restrictive.
Step 1: Culture/Values
This Is YOU
Dreamers
Ambitious
Consensus-
seekingIndecisive
RestrictiveReactive
Solitary
Compart
mentalize
d / Siloed
Secretive
Step 1: Culture/Values
This Is The Internet
Proactive
Utilitarian
Collaborative
Quick
CasualOblique
(Random)
Creative
Dynamic/
In A Flux
Open
Q: Do you see THE GAPS?
What should you change?
Step 2: Check your resources
 How popular is your brand?
 How’s your network? Local journos? Deploy
them to create a niche-player advantage.
 Goodwill: Are you trusted, credible? Is your
audience willing to pay for content?
 Corporate buy-in: Are your corporate
overlords even talking ‘Digital’?
Convergence?
Q: What ELSE do you have
going for you?
What assets/advantages can
you leverage to turn your
company into a DMC?
Step 3: What you need to do
 Change How You Work
Urgency, speed, responsive reporting as cultural
values. Links to:
 Decentralize
Upskill, Empower, Step Back, Lead From The
Middle. The Web is a democracy. Everyone is an
editor.
Step 3: What you need to do
 Share
Plans, Tips, Strategy. Collaborate. Don’t be
resistant. Kill the silos.
 Speculate To Accumulate
Spend. Buy Up, Buy In, Take Risks. It’s how Big
Media gets into tech.
Q: There IS a LOT more you
can/ought to do, so what else?
Step 4: When? How Soon?
 If you’re reading this you’re probably sort of late
already. So GO! Now!
 Macro factors: Greater access to the net (12-15%
of EA online), lower data costs, cheaper
connectivity (cheap smartphones, Mi-Fi,
unrestricted connection sharing).
 Are YOU taking advantage of ALL this?
Step 5: Emergent Digital Strategy
BANZAI!
ATTACK
RETREAT
REGROUP ADAPT
DEPLOY

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How to be a digital media company: A primer in 5 steps

  • 1. How To Be A Digital Media Company In Five Easy Steps Victor Amani A Primer for Traditional Publishers
  • 2. Why change? Why now?  Keeping up with the Joneses – NOT a good idea unless you’ve got cash to burn.  Market pressures – fine, but what if they abate? Will you ditch your Digital switch?  Transformation is possible, BUT you must pace yourself.
  • 3. Why change? Why now?  Traditional publishing value systems will need to change. (Q: Do you have one, what is it anyway?)  Can’t slash and crash this like some sort of short-term project. Commitment. YOU Must Commit.
  • 4. Step 1: So what’s the deal?  Popular news brands NOT always popular on the Web.  Few regular updates, long news cycles, too deep, not ‘spicey.’  Textual, monolithic content. Few visuals.  Site flow – restrictive.
  • 5. Step 1: Culture/Values This Is YOU Dreamers Ambitious Consensus- seekingIndecisive RestrictiveReactive Solitary Compart mentalize d / Siloed Secretive
  • 6. Step 1: Culture/Values This Is The Internet Proactive Utilitarian Collaborative Quick CasualOblique (Random) Creative Dynamic/ In A Flux Open
  • 7. Q: Do you see THE GAPS? What should you change?
  • 8. Step 2: Check your resources  How popular is your brand?  How’s your network? Local journos? Deploy them to create a niche-player advantage.  Goodwill: Are you trusted, credible? Is your audience willing to pay for content?  Corporate buy-in: Are your corporate overlords even talking ‘Digital’? Convergence?
  • 9. Q: What ELSE do you have going for you? What assets/advantages can you leverage to turn your company into a DMC?
  • 10. Step 3: What you need to do  Change How You Work Urgency, speed, responsive reporting as cultural values. Links to:  Decentralize Upskill, Empower, Step Back, Lead From The Middle. The Web is a democracy. Everyone is an editor.
  • 11. Step 3: What you need to do  Share Plans, Tips, Strategy. Collaborate. Don’t be resistant. Kill the silos.  Speculate To Accumulate Spend. Buy Up, Buy In, Take Risks. It’s how Big Media gets into tech.
  • 12. Q: There IS a LOT more you can/ought to do, so what else?
  • 13. Step 4: When? How Soon?  If you’re reading this you’re probably sort of late already. So GO! Now!  Macro factors: Greater access to the net (12-15% of EA online), lower data costs, cheaper connectivity (cheap smartphones, Mi-Fi, unrestricted connection sharing).  Are YOU taking advantage of ALL this?
  • 14. Step 5: Emergent Digital Strategy BANZAI! ATTACK RETREAT REGROUP ADAPT DEPLOY

Editor's Notes

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