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Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Marriott Wardman Park, Washington DC

May 22, 2009

Adam Clayton Powell III

Vice Provost for Globalization

University of Southern California

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce”

- Malcolm Gladwell

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand

- Prego introduced multiple varieties

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand - Prego introduced multiple varieties (extra spicy, extra chunky, extra thick)

“Each had a passionate following.” Own the niche. Own the audience.

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand - Prego introduced multiple varieties - extra spicy, extra chunky, extra thick - minimal incremental cost

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand

- Prego introduced multiple varieties

- extra spicy, extra chunky, extra thick

- minimal incremental cost

- significant incremental revenue

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

“The wisdom of spaghetti sauce” - Ragu was dominant brand

- Prego introduced multiple varieties

- extra spicy, extra chunky, extra thick

- minimal incremental cost

- significant incremental revenue

You can do the math

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Works for spaghetti sauce

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Works for spaghetti sauce

- Works for paper towels

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Works for spaghetti sauce

- Works for paper towels

- Works for media

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Works for spaghetti sauce

- Works for paper towels

- Works for media

- Works for digital media

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

You have advantages as incumbent:

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

You have an advantage as incumbent:

- Build on existing brand

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

You have an advantage as incumbent: - Build on existing brand - Build on promotional advantage

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

You have an advantage as incumbent: - Build on existing audience - Build on promotional advantage - Best promotion is your air 32% of online listeners

discover their online stations from on-air station mentions - Pierre Bouvard, EVP, Arbitron

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

You have an advantage as incumbent:

- Build on existing audience

- Build on promotional advantage

- Best promotion is your air

- You have video!

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Podcasts, Mobile media, Phones

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Podcasts, Mobile media

- Facebook, social media

(Pages, post links)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Podcasts, Mobile media

- Facebook, social media

FB: 276m unique users, 2x Google

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Podcasts, Mobile media

- Facebook, social media

- Daily Me

(audience has control of time)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

- Podcasts, Mobile media

- Facebook, social media

- Daily Me -> Daily Us

(audience -> more time with you)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- Washington, DC

- Salt Lake City, UT

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville radio

WTOP 1500 AM traditional news audience

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville all-news radio

WTOP 1500 AM traditional news audience

WTOP-FM new, younger audience

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

WTOP 1500 AM traditional news audience

WTOP-FM new, younger audience

wtop.com new, younger audience

(same programming)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

What happened next?

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- WTOP 1500 AM Gone (more later)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- WTOP 1500 AM Gone

- WTOP 103.5 FM #1 station in DC

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- WTOP 1500 AM Gone

- WTOP 103.5 FM #1 station in DC

- wtop.com packages w WTOP-FM

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

Wait, there’s more:

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- federalnewsradio.com

(presold, profitable at launch)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- federalnewsradio.com

- WFED 1050 AM

(and sports at night, weekends)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- federalnewsradio.com

- WFED 1050 AM becomes…

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: Bonneville Radio

- federalnewsradio.com

- WFED 1050 AM becomes…

- WFED 1500 AM

76,800 cume, 66% GS-11+

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- Home page: wcbstv.com/

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

wcbstv.com/advhawthornemortgages

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

- WCBS-TV Car Shopper

www.dealernet.com/Partner/33904-10000/

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York - WCBS-TV Mortgage broker - WCBS-TV Car Shopper - WCBS-TV Obituaries

wcbs.tributes.com

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

- WCBS-TV Car Shopper

- WCBS-TV Obituaries

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

- WCBS-TV Real Estate

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

- WCBS-TV Real Estate

- Free to users, GUI

(compete with Craigslist)

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

Case study: WCBS-TV, New York

- WCBS-TV Mortgage broker

- WCBS-TV Real Estate

- Free to users, GUI

- Revenue from transactions

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Industry, education, government

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Industry, education, government

- Destination, recreation, military

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Industry, education, government

- Destination, recreation, military

- Microlocal

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Microlocal

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Ann Arbor, MI (no newspaper)

- Quincy, IL

- Microlocal

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Spaghetti sauce

- Paper towels

- Local media

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Brand extension

What’s in your hand?

- Free slides

- Free contact data

- Free book

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Marriott Wardman Park, Washington DC

May 22, 2009

Adam Clayton Powell III

Vice Provost for Globalization

University of Southern California

Road Map for Reinventing Local NewsConnecting Communities through New

Technologies

Marriott Wardman Park, Washington DC

May 22, 2009

Adam Clayton Powell III

acpowell@usc.edu

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