Media Monday Edmonton: Update #323

Taproot Edmonton’s latest Media Roundup was published today. Sign up here to get it delivered to your inbox every Monday morning.

Local updates from the Media Roundup

Here are a few select updates from today’s Media Roundup:

Fighting to get full value for Alberta oil 122855
Fighting to get full value for Alberta oil, photo by Premier of Alberta

Media-related updates from elsewhere

And here is some non-local media news that I found interesting this week:

  • Prime Minister Justin Trudeau highlighted the importance of free and independent media recently. “When citizens cannot have rigorous analysis of the exercise of the power that is in their name and they have granted, the rest of the foundation of our democracies start to erode at the same time as cynicism arises.”
  • A new estimate suggests the U.S. daily newspaper industry has seen annual revenue fall from a high of $55 billion to less than $20 billion today, with just $1.5 billion in profits. “By mind-bending comparison, Google alone takes in about $37 billion a year in EBITDA.”
  • Some people will pay for a subscription to a news site, which is encouraging. But how many total subscriptions will they pay for? “If someone’s first digital subscription is to the Times or the Post — how many are willing to pay for a second, or a third, or a fourth news site?”
  • While smart speakers are once again expected to be a popular gift this holiday season, the use of news on the devices is lagging. The main complaint is that news briefings as they currently exist are too long.
  • Here is Jay Rosen’s pitch to his followers to join The Correspondent. “What I want you to know is that I not only endorse what they are doing. It is what I would do if I started my own site.”

Follow Edmonton media news using the hashtag #yegmedia and be sure to check out Mediagazer for the latest media news from elsewhere. You can see past Media Monday Edmonton entries here. If you have a tip or suggestion for future updates, let me know.

At Taproot Edmonton we’re working hard to ensure that local journalism has a future in our city. Join us to be part of the movement.

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