how to survive - opentext...how to survive in news and information publishing digital disruption and...

How to survive in news and information publishing Digital disruption and economic shifts have blown away the foundations, and traditional subscriptions and advertising revenues no longer support the industry. To survive, it’s time to up your digital game. Copyright ©2018 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html News and information publishing must now work with only half the circulation, one-third the revenue, and a fraction of the staff. Digital subscriptions are surging and revenue from digital advertising is increasing. Harness the power of digital disruption to succeed: Do more with less. Discover OpenText Content Hub for Publishers Paid digital-only subscribers of selected U.S. newspapers/news publishing groups (2015-2016) Richter, Felix. Statista, U.S. Newspapers See Surge in Digital Subscriptions (2017) https://www.statista.com/chart/8859/digital-news-subscribers/ Digital disruption Economic shifts The bad news: The good news: Percentage of newspaper advertising revenue coming from digital advertising Understand and leverage editorial and content authoring strengths Transform traditional operations with innovative digital workflows Streamline news and editorial workflows and publishing Deliver multichannel digital distribution Create new ways to monetize content and attract subscribers/advertisers 1 2 3 4 5 Total estimated circulation of U.S. daily newspapers Total estimated advertising and circulation revenue of U.S. daily newspapers Revenue cut by 2/3 Total estimated employment U.S. daily newspapers Increased newsroom layo ffs 25 years of decline Pew Research Center. Newspapers Fact Sheet (2018) http://www.journalism.org/fact-sheet/newspapers/ Pew Research Center. Newspapers Fact Sheet (2018) http://www.journalism.org/fact-sheet/newspapers/ 0 10M 20M 30M 40M 50M 1992 1997 2002 2007 2012 2017 60M 0 10B 20B 30B 40B 50B 2005 2008 2011 2014 2017 60B 0 20K 40K 60K 2005 2008 2011 2014 2017 80K 0 20% 40% 60% 80% New York Times Wall Street Journal Financial Times Ganett LA Times 100% 0 10% 20% 30% 2011 2014 2017 40%

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How to survivein news and information publishing

Digital disruption and economic shifts have blown away the foundations, and traditional subscriptions and advertising

revenues no longer support the industry.To survive, it’s time to up your digital game.

Copyright ©2018 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are

News and information publishing must now work with only half the circulation, one-third the revenue, and a fraction of the staff.

Digital subscriptions are surging and revenue from digital advertising is increasing.

Harness the power of digital disruption to succeed:

Do more with less. Discover OpenText Content Hub for Publishers

Paid digital-only subscribers of selected U.S. newspapers/news publishing groups (2015-2016)

Richter, Felix. Statista, U.S. Newspapers See Surge in Digital Subscriptions (2017) https://www.statista.com/chart/8859/digital-news-subscribers/

Digital disruption Economic shifts

The bad news:

The good news:

Percentage of newspaper advertising revenue coming from digital advertising

Understand and leverage editorial and content authoring strengths

Transform traditional operations with innovative digital workflows