This week wrapped up San Francisco’s Web 2.0 Expo with its conversations about openness and transparency (including NPR talking about its API), innovation (presented by the “accidental entrepreneurs” of Threadless.com), and marketing (which took the form of everyone talking ad nauseum about Twitter, including the upcoming cruise on which you can learn tweeting best practices).
Tim O’Reilly, CEO of O’Reilly Media and the person who coined the phrase “Web 2.0” to describe the phenomenon of increased social and consumer-created interactions online, spoke about the changes in the media industry with a group of 15 bloggers at one morning roundtable. O’Reilly, whose company publishes the DIY magazine Make and its sister web publication Craft, wore a Maker Faire t-shirt while answering questions about the types on content that stand to survive the much-discussed “death of print.” Craft has been distributed as a somewhat substantial print magazine but is soon to become an online only publication. The switch is a bittersweet one: while I’ll miss dog-earing and saving the physical volumes, I’m intrigued by the multimedia and mobile content possibilities it presents for clever creators.
O’Reilly described some of the variables that have become key considerations for media organizations looking for sustainable long-term publishing models:
Because each of these factors has so many additional variables (form factors and timeliness of delivery not the least among them), the issue of the quality of the news product that the reader is getting can be overlooked. While print publications are inherently limited in the amount of sensory information they can deliver (video, real-time observations from the community, and photo slideshows win here), I’m concerned that the demise of print gives us an easy excuse not to create something well-made in its place but to sink to the level of what O’Reilly described as the most minimal form of publishing–the dreaded retweet.
Ogilvy MediaXchange: Pitching the Right Reporter