Law 11 – For Journalists’ Jobs, It’s Back to the Future

Today’s news that the Times Company is finally selling its New York Times Regional Newspaper Group holdings of 14 newspapers absolutely fits with the last week’s news of CEO Janet Robinson’s abrupt departure. Expect the new CEO, most likely from the outside to be focused on three A’s: audience, advertising and analytics. Arrange those three in a virtuous circle, and you have an efficient spinning of the new digital economy. That’s clearly what Time Inc has in mind as it hired Laura Lang from the ad world. The new CEO must also drive a faster kind of decision-making at the Times Company,

2012 budgeting, still in full swing at many newspaper companies, is too much like a medical examiner’s exercise. What I hear: Dailies are budgeting down from mid-single digits to as high as low double-digits in print advertising for 2012, compared to 2011. That would compare to how much they’ve already lost this year, compared to last year. Those are brutal numbers.

Key to Newsy’s strategy is the engagement mobile news providers are finding with delivery to the new tablet devices. On its iPad product, Newsy has found that more than 45% of sessions are greater than three minutes in length, with 15% of all sessions being greater than 10 minutes. Shorter sessions are conducted on the iPhone, consistent with most publisher experiences: Newsy is finding users generally spend one to three minutes, and watch fewer videos (2.3 videos “initialized” compared to 3.4 for the iPad user). Median session length on the iPhone app is around 150 seconds, says Spencer. All those numbers compare favorably with industry online usage.

For journalists today it is a two-way window. On the creation end, no matter how much they crowdsource, use Twitter and engage with communities, core journalistic principles of fairness remain fundamental. On the viewing end, the new transparency helps us get it more correct, we would hope. Window washing, then, becomes the new order of the day

It has seen a huge jump in people visiting its website. On Monday, a peak, in this amazing, still-unwinding tale, the Guardian saw nearly 4M uniques. That compares with 2.8 million a day in May, and that was an above-average month for the Guardian, when it landed 51 million uniques overall.