Monetising the old media

“The advent of the 24-hour TV and web news cycles and the convenience of digital distribution mean that many consumers no longer need or want newspapers and news weeklies. Combined with mounting print and distribution costs and the loss of classified advertising revenue — previously the bread and butter of newspapers — to websites like eBay, Craigslist and Google, news media has a serious crisis on its hands.” — Mashable

Conroy goes Google, Facebook

“The Communications Minister, Stephen Conroy, has accused Google of launching ‘the single greatest breach in the history of privacy’. The spray, during a Senate estimates hearing, is just the latest in a series of attacks by Senator Conroy on the search giant following Google’s criticism of the government’s forthcoming internet censorship regime.” – The Age

Murdoch reveals pay-for Times’

“The Times and Sunday Times newspapers unveiled Tuesday their new-look websites as they prepare to become the first in Britain to charge online readers for content.” – Times Live

Chavez joins blogosphere

“For someone who has been famously wary of the web — to the point where he called Twitter a ‘tool of terror’ — Venezuelan President Hugo Chavez is becoming quite the social media maven. That’s right, in addition to (surprisingly) getting hip to Twitter, Chavez now has his very own blog.” — Mashable

PS3 to feature HBO shows

“Sony Corp has agreed to offer Time Warner Inc’s HBO programs through its PlayStation 3 in the latest of a string of deals that positions the video-game-console maker as a media and entertainment distribution channel.” — SmartMoney

Viewers take to HDTV

“High definition took a long time to emerge. It was not until late 2008 — as the price of the TV sets steadily dropped — that a quarter of Americans were seeing the higher-quality results at home. But once the groundwork was set, it took off rapidly. Now Nielsen says that 51.7 percent are watching in HD.” — New York Times

Error corrections at the WSJ

“As of today this mistake, now 11 days old, remains uncorrected. In the face of my persistent and no doubt annoying barrage of emails, phone calls, and blog posts, the Journal newsroom has remained entirely mum.” — Wordyard

Online papers on the rise

“Newspapers may be struggling with how to monetise their online versions, but they’re doing just fine with increasing web traffic. The number of unique visitors to newspaper websites in the top 25 markets grew 10 percent from March to April reaching 83.7 million.” — MediaWeek

New media likes linking to old media

“The vast majority of bloggers link to U.S. ‘legacy’ outlets (like newspapers and broadcast networks) for their news — representing a striking 99 percent of the stories linked to, with 75 percent of ’em going to American websites. Web-only sites, meanwhile, made up less than 1 percent of the links in the blogosphere, according to Pew.” — Media Alley

Google Pac-Man costs millions in productivity

“We joked last week when Google changed its logo to a playable game of Pac-Man that the world’s collective productivity would take a sharp plunge, but it turns out that’s exactly what happened.” — Mashable