SlideShare a Scribd company logo
Media	
  Industry	
  in	
  the	
  Digital	
  Age	
  
Tim	
  Condon	
  
Director,	
  New	
  Ventures	
  
2
Who	
  owns	
  digital	
  adver7sing?	
  
3
0
5
10
15
20
25
30
2010 2011 2012 2013 2014 2015 2016
Search
Banner ads
Video
Rich Media
Source: eMarketer, Sept 2012
Where	
  is	
  the	
  Money	
  Spent?	
  
4
Source: Turn, Jun 2013
CPM	
  Trends	
  
5
So, what is a media company (who happens
not to be Google or Facebook) to do?
6
Dive deep into an area that you can own.
For WaPo this is all about Political Washington
•  PostTV
•  BrandConnect
•  Heavy targeting to Capitol Hill
Specialize	
  
7
Rise	
  of	
  Video	
  
8
Source: Borrell & Associates, 2012
Targeted	
  Display	
  
9
Experiment	
  
10
•  Each experiment has a P&L and an owner
•  Drive revenues that are not dependent upon digital
display (incl. video)
•  Stay within strategic core and leverage Post
affiliation
Structure	
  for	
  WaPo	
  New	
  Ventures	
  
11
What is ServiceAlley?
•  Launched in Jan 2010 as a review based marketplace
free to consumers with open access to provider info
•  Added a social
recommendation tool
called Friendorsements to
find home contractors
your friends recommend
12
Why Home Services?
•  Large industry made up of lots of small businesses
•  Trust is a major issue and WaPo brand can help there
•  Large incumbents with models that predate online
social networking
•  Word of mouth the main source of info for most consumers –
even before online social networks
13
The ServiceAlley vision Answer viewable
14
The ServiceAlley vision
15
•  Runway
•  The ability to invest for a long period of time
•  Mindset
•  Invent
•  Patience
•  Put customers first
What	
  does	
  the	
  Jeff	
  Bezos	
  acquisi7on	
  mean?	
  

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2013-09-24: Media Industry In The Digital Age

  • 1. Media  Industry  in  the  Digital  Age   Tim  Condon   Director,  New  Ventures  
  • 2. 2 Who  owns  digital  adver7sing?  
  • 3. 3 0 5 10 15 20 25 30 2010 2011 2012 2013 2014 2015 2016 Search Banner ads Video Rich Media Source: eMarketer, Sept 2012 Where  is  the  Money  Spent?  
  • 4. 4 Source: Turn, Jun 2013 CPM  Trends  
  • 5. 5 So, what is a media company (who happens not to be Google or Facebook) to do?
  • 6. 6 Dive deep into an area that you can own. For WaPo this is all about Political Washington •  PostTV •  BrandConnect •  Heavy targeting to Capitol Hill Specialize  
  • 8. 8 Source: Borrell & Associates, 2012 Targeted  Display  
  • 10. 10 •  Each experiment has a P&L and an owner •  Drive revenues that are not dependent upon digital display (incl. video) •  Stay within strategic core and leverage Post affiliation Structure  for  WaPo  New  Ventures  
  • 11. 11 What is ServiceAlley? •  Launched in Jan 2010 as a review based marketplace free to consumers with open access to provider info •  Added a social recommendation tool called Friendorsements to find home contractors your friends recommend
  • 12. 12 Why Home Services? •  Large industry made up of lots of small businesses •  Trust is a major issue and WaPo brand can help there •  Large incumbents with models that predate online social networking •  Word of mouth the main source of info for most consumers – even before online social networks
  • 13. 13 The ServiceAlley vision Answer viewable
  • 15. 15 •  Runway •  The ability to invest for a long period of time •  Mindset •  Invent •  Patience •  Put customers first What  does  the  Jeff  Bezos  acquisi7on  mean?