Thanks to Daniel for the link to this New York Times piece about newspapers’ online ad sales. Some points…
After 17 quarters of ballooning growth, online revenue at newspaper sites is falling. In the second quarter, it was down 2.4 percent compared with last year, to $777 million…
Overall online advertising, however, is strong. Display advertising, the graphics-rich ads that newspaper sites carry, grew 7.6 percent in the second quarter…
Unique readers in August were 17 percent higher than a year earlier, at 69.3 million…
Large papers… can sell premium ad space… for $15 to $50 for every thousand impressions. But these and other papers of all sizes have increasingly relied on middlemen — known as ad networks — to sell less desirable space, typically for around $1 for every thousand impressions…
There are now more than 300 networks, most offering custom ads, and they are popular venture-capital investments and acquisition targets…
Some sites unaffiliated with newspapers have also limited inventory and banned ad networks, and many report good results…
Front Porch Forum works with a limited ad inventory and we do not use ad networks.
This just in from Richmond Selectboard Member, Erik Filkorn…
The Richmond bridge is open to vehicles up to 3 tons. Plan your trip home accordingly and remember to stop at the final Farmer’s Market tonight!
That’s great news for the people and businesses of Richmond and surrounding towns. This has been the number one issue in Richmond in the month since the bridge over the Winooski River was suddenly closed. The village has a wonderful collection of small businesses, many of which have been struggling with the bridge closure. In fact, “shop Richmond” if you have the chance.
We’re so pleased that Front Porch Forum has been available to help residents, businesses and local public officials communicate and pitch in during this crisis. In fact, Erik used Front Porch Forum to break the news of the closure on September 4, 2008, shortly after he learned of it, and we’re publishing the good news of its opening right now across Richmond via FPF, just moments after the news became “official.” Thanks to Erik for making such good use of this service. Hopefully, the traditional media will cover the bridge-opening soon too.
LONDON–Digg founder Kevin Rose had a message for the audience at the Future of Web Apps conference on Thursday: It’s time to grow up.
“We have to do better,” he said in his talk, called “The Future of News,” and said that it’s time for the social news site that he founded in 2004 to to expand beyond the geek set and get some real-world relevance. “Why click a button and make the number go up by one? Why does that matter?”
Digg, after all, gets more than 30 million monthly visitors, but Rose said that the site only has slightly over three million registered user accounts–those are the people actually “Digging.” That indirectly confirmed what Digg critics hve been saying all along: that it’s reflective of only a tiny and vocal subset of the Web, resulting in a heavy bias toward anything iPhone, anything Linux, anything Barack Obama, and plenty of wacky local news stories.
I’ve been fortunate to speak to many groups over the past year or so, and I frequently survey each crowd about technology and services that they’ve (1) heard of, and (2) use. Routinely, only one or two hands will go up for Twitter, RSS, LinkedIn, Digg, Flickr, Delicious, etc. to my first question. But almost no one ever admits to using these tech media darlings. Meanwhile, it’s not unusual in talks with local groups within our pilot area to have half of the hands reaching for the ceiling when I ask about Front Porch Forum.
Kevin Rose’s call above seems on target to me. When you offer a service globally, it’s not outrageous to find a million tech professionals and hobbyists to jump on board. But try raising an online crowd within a local community… especially one that stays plugged in over time… very difficult.
In our pilot area, more than 11,000 households subscribe to Front Porch Forum, including one-third of Burlington, VT. We have people in their 80s using FPF. I spoke with a homeless person the other day who’s on board. College students love FPF. And we have droves of non-techie grown-ups… folks who are too busy with their lives to look into why they should tweet or digg. Busy or not, they do know that Front Porch Forum is the place to turn to borrow a couple saw horses, find a babysitter, recommend a roofer, learn about a rash of break-ins, give away their couch, buy a bike, hear from their school board member about the budget, etc.
I’m looking forward to more online offerings aimed at the rest of us… not just the heavy tech consumers. Of course, it’s tough for the traditional and new media, as well as funders, not to be dazzled by shiny bells and whistles, especially when these sites attract a sizable group of early adopters from the global masses. This top-down approach has worked incredibly well for Google and a host of others. And it will continue to draw most of the media spotlight and funding.
I’m eager to see more efforts coming from the other direction — the grassroots on up and out — such as we’re doing with Front Porch Forum… the Craigslist and Angieslist approach. That is, get traction in one metro area, then spread to others.
Millions of middle class Americans are watching their savings shrink dramatically in the Wall Street debacle unfolding before us. Much is being written and said about it all… lots to digest.
But one angle I’ve not come across yet is the strategy that a small but growing number of people are employing… to invest more personal resources into building community, even at the sacrifice of their short-term savings. Put another way… to shift financial capital into social capital.
When hard times come, having plenty of cash helps, of course. But so does having a strong community. Having a network of close local friends, living in a supportive neighborhood, being part of a stable town with good schools… all of these “assets” can help cover real needs.
Front Porch Forum is in this business. It helps people invest in community and realize genuine gain from it… economic, social, emotional, and more. More later…
New media thinker and do-er Dan Gillmor will speak at the UVM Center for Rural Studies 30th anniversary bash on October 4, 2008 starting at 5:00 PM. I’ve been fortunate to hear Dan speak and follow his online writing for the past couple years… great stuff. And now he’s leading the newly formed Knight Center for Digital Media Entrepreneurship at Arizona State University’s Walter Cronkite School of Journalism and Mass Communication.
Front Porch Forum is tickled pink to be involved (albeit in a small way). Come to the conference all day… or at least catch Dan’s talk at 5:00 PM and the panel he’ll moderate after that.
-Author of We the Media: Grassroots Journalism By the People, For the People (2004; O’Reilly Media)
-Director of the Knight Center for Digital Media Entrepreneurship at Arizona State University’s Walter Cronkite School of Journalism and Mass Communication
-Director of the Center for Citizen MediaAt the newly created Knight Center for Digital Media Entrepreneurship, Dan Gillmor is working to help create a culture of innovation and risk-taking in journalism education, and in the wider media world. He is founder and current director of the Center for Citizen Media and previously founded Grassroots Media, Inc. From 1994-2004, Gillmor was a columnist at the San Jose Mercury News, Silicon Valley’s daily newspaper, and wrote a weblog for SiliconValley.com. He joined the Mercury News after six years with the Detroit Free Press. Before that, he was with the Kansas City Times and several newspapers in Vermont. A Phi Beta Kappa graduate of the University of Vermont (’81), Gillmor received a Herbert Davenport fellowship in 1982 for economics and business reporting at the University of Missouri School of Journalism. During the 1986-87 academic year he was a journalism fellow at the University of Michigan in Ann Arbor, where he studied history, political theory and economics. He has won or shared in several regional and national journalism awards. Before becoming a journalist he played music professionally for seven years.
And I seem to recall some former Vermont professional connection of his. Hmm…
Ghost of Midnight is an online journal about fostering community within neighborhoods, with a special focus on Front Porch Forum (FPF). My wife, Valerie, and I founded FPF in 2006... read more