By Mary L. Van Meter
Publisher
DUBLIN, Ireland — The World Association of
Newspapers is unique in researching the trends and identifying the opportunities
facing newspapers around the globe.
To that end, the group’s recent 2003 conference
featured a wide-ranging group of executives charged with crafting their
companies’ strategies.
Their strategies differed in many respects, but
common threads emerged. Among the most prevalent:
Newspapers must improve their operating
efficiencies even as they operate their core businesses.
Newspapers must make it easy for companies to do
business with them and develop new revenue streams that complement their
operations.
Newspapers must continue to harness the power of
the Internet and seek to innovate their operations through technology.
“We are not the same company we were a year ago
and we won’t be the same company a year from today,” said William Dean
Singleton, vice chairman and chief executive officer of MediaNews Group.
“You have to be ready to change your business
and your company to keep up with the happenings in the world. Newspapers will be
strengthened when they can leverage their brand across multiple platforms.”
To that end, Singleton, who supported strongly
the Federal Communications Commission’s decision to repeal cross-ownership
rules (see below), said he’s ready to purchase television stations that can be
marketed in concert with dailies he owns in selected markets. His first likely
purchase: KTVF-TV, an NBC affiliate in Fairbanks, Alaska, where MediaNews
already publishes The Fairbanks Daily News-Miner.
Janet L. Robinson, senior vice president of
operations at The New York Times Co., said one of her company’s chief
priorities is to “globalize” its products, particularly at its flagship New
York Times.
Robinson said NYT execs have set a 10-year goal
to expand coverage nationally and internationally across all media platforms.
The newspaper’s influence already has expanded
well beyond its Big Apple boundaries, with half of its more than 1 million daily
readers living outside the New York metropolitan area. The paper is available
for home delivery in 250 markets nationwide, up from 62 just five years ago.
In addition to accelerating print distribution,
Robinson said NYT’s Web traffic is drawing a growing amount of international
traffic. Almost 20 percent of viewers accessing NYTimes.com live outside the
United States, she said.
The site’s visitors have translated into more
than 162,000 subscriptions to The Times’ printed edition within the past two
years.
The Globe and Mail in Toronto, meanwhile, didn’t
fare quite as well in its bid to meld its print and electronic products.
“In Canada, convergence has become a dirty
word,” said Phil Crawley, publisher and chief executive officer. Only three
years ago it was the Holy Grail for North American media companies, he said.
Crawley said, for example, that Canadian
consumers were cool to the idea of paying for “inferior-quality” video
highlights from newspapers’ Web sites when they could obtain much higher
quality coverage from their television screens.
“Conceptually, I still believe convergence is
going to come about,” Crawley said, adding that The Globe and Mail’s Web
operations will become profitable this year. “But the market is not there yet,
perhaps not for 10 years.”
Other speakers at the WAN conference included
Lord Conrad Black, chairman of Hollinger International and Susan Clark-Johnson,
chairman and chief executive officer of Phoenix Newspapers Inc. in Arizona.