One after the other, the newscycles of momentous events keep reshaping the digital information landscape. The latest example of such alteration is the Bin Laden story, it just set a new reference point. For traditional media, this raises the pressure yet another notch; they must rethink everything: organizations and processes – as well as business strategies.
First, a quick recap of the Sunday May 1st events (all times Eastern Standard Time; add six hours for Western Europe and five hours for the UK):
4-4:30pm — 79 Navy Seals raid Osama Bin Laden’s compound in Abbottabad, Pakistan.
7:24pm — A former Navy intelligence officer name Keith Urbahn, currently Donald Rumsfeld's chief of staff (we all discovered the former Defense secretary indeed has one) shot this tweet:
In Washington’s political game, this is a way to say: We, too, are in the know, we maintain our own network of sources within the military.
Within one minute Keith Urbahn's shout was retweeted 80 times. Including by New York Times' media reporter Brian Stelter. Another minute later, the original tweet had multiplied by 300, triggering instant global speculation.
9:46pm — The White House communication staff on duty sends a three word "Get to work" email to the press corps. At the same time, Dan Pfeiffer, the White House official serial twitterer sends the following:
10:40pm – As Barack Obama is still working on his speech, and after frantic phone calls to verify the story, the Times’ national security team and its Washington bureau decide to run a one line mention of Bin Laden's Death. Ten minutes later, the website shows this:
10:45pm – All three TV networks interrupt their programming and break the news.
11:30pm – President Obama speaks live from the White House. 56.5 million viewers watch his address.
12:45am (May 2nd) — The East Coast edition of the New York Times closes. It contains a 10 pages section titled "The Death of Bin Laden" (NYT's editor Bill Keller decided to drop the "Mr.").
Observation #1: Twitter is king. A well-connected, politically driven staffer leaks the news first. No one knew Keith Urbahn before (see his profile in New York Observer), but his Twitter ID gave him credibility; for his Twitter followers, his post immediately raised a red flag: Rummy's aide would not compromise his boss by leaking false information.
Between the White House’s first cryptic alert and Barack Obama’s actual announcement, about 15 million tweets has been exchanged. The number comes from Social Flow, a social media optimization platform. See their remarkable visual reconstruction of the tweets’ spread (below is the interaction between Urbahn and Stelter):
Incidentally, beat reporters now need a new skill: they must master the microblogging service in the most professional of ways. Tweeter has now reached a new status: main alert feed – as long as (and that is a big "if") a proper credibility index is used to qualify the source. Such capability is supposed to be the key differentiation between a pro and an amateur.
For efficiency, several journalists I know are now morphing their social presence into a series of well-organized feeds streams. The same applies to their propagating scoops or promoting stories. A smart use (both social and professional) of Twitter should be taught in J-Schools.
Observation #2: As notions, "edition" and deadline are dead. A newspaper editor’s worst nightmare is breaking news landing on a Sunday night at closing time. Such conjunction of content and timing carries a high risk of irrelevancy -- if missed, or of good-faith false information hitting the streets the next day -- if inaccurate. We all have memories of too-close-to-call elections, rumors of a personality's death, etc.
Newspapers took time to make their mind up on the question of deadlines and editions (and many have yet to cross that Rubicon). But the leaders of the pack took the straightforward option: dump everything on the internet, as fast as you can and without regard for closing deadlines.
For the Bin Laden story, most big news organizations produced vast amounts of articles as their physical paper were being re-edited. By the time the updated edition hit the street, its had content been posted on the net, but every story had also been continuously updated and augmented. Did it affect newsstand sales? Early data show this isn’t the case. Sales always rise, no matter how more up-to-date the publication website is. With high impact news, analyzing reader reactions shows people still enjoy the physical paper’s broad view -- and, for those special occasions, there is the “collector’s item” feeling.
The fading notion of edition raises two questions: How should newspapers strategize their differentiation from the social wave? And how could such evolution impact business strategies?
The answer to the first question lies in the ability to validate and confirm a piece of breaking news, followed by injecting exclusive coverage and expertise to the mix. For example, a national security specialist and a regional bureau will bring unparalleled added value. This 2300 words roundup story in the NY Times was assembled and filed in the hours following Obama's speech; it carries no less than eight bylines, three seniors writers and five contributing reporters. Very few news organizations have the resources and the internal leadership to quickly deploy such journalistic firepower. For news organization, survival rests on their ability to retain editorial capabilities, as opposed to succumbing to the aggregation temptation.
The coverage of Fukushima's disaster provides another example of the increasing newscycle-deadline disconnect. I noticed every roundup story was indexed to the Tokyo bureau’s ability to produce articles – sometimes-sizable ones – in real time, not on a fixed newspaper production schedule.
Business wise, as many consider paid-for options to supplement the ailing advertising-model, the notion of paid-for editions also needs serious rethinking. Readers now expect live coverage, plus recap stories in a timely basis. Planning a commercial activity based on the sale of a single electronic edition becomes increasingly irrelevant. Readers might prefer buying inexpensive access (preferably on a monthly basis, from a publisher's perspective) to a sort of business class-equivalent content (I'm referring to Information Architects' Oliver Reichenstein's analysis here). Alternatively, the most technologically advanced news organizations will develop hourly updated ePapers, encapsulated in an attractive layout. The Wall Street Journal provides a good example: on the iPad, it provides both a regular “As Printed” edition and a “Now” one.
Magazines are also likely to revisit the closed "edition". No wonder Condé Nast plans to rethink its iPad strategy. As a longtime reader of Wired and Vanity Fair, I will stop purchasing issues online; not only do such editions download in the most painstaking of ways (with entire library vanishing with no reason), but I no longer see the added value it carries compared to the plain paper subscriptions coupled to an occasional look at their websites. (On this, readers actually voted with their feet.)
The way most news organizations are handling big news such as the Bin Laden killing or Japan's tragedy is reassuring: these outfits demonstrate an ability to master social media as well as a will to cater to readers’ new needs. For once, editorial seems to evolve at a faster pace than the business side.