Here is a selection of the day’s stories about the media industry:
“Digital video recorders that allow viewers to skip through commercials have knocked confidence in broadcast and cable advertising while younger, tech-savvy audiences are deserting their TV sets to spend more time online,” writes the Financial Times.
Reuters reports: “As more consumers embrace new technologies and devices such as smartphones, personified by Apple’s iPhone, mobile advertising is seen growing at an annual average of 45 percent to reach $28.8 billion within 5 years from a current $3.1 billion, according to Ineum Consulting.”
Brian Stelter writes: “In a news vacuum, amateur videos and eyewitness accounts became the de facto source for information. In fact, the symbol of the protests, the image of a young woman named Neda bleeding to death on a Tehran street, was filmed by two people holding camera phones.”
“If a news network is going to attract casual viewers and turn them into loyal viewers, it helps to be in the same HD neighborhood as their cable news competitors. MSNBC in HD will launch at different times on different MSOs. It will debut on Cablevision on June 29 and on Time Warner in July. By the end of August, MSNBC HD will be available in 11 million homes,” writes Marisa Guthrie.
“Average time spent per visit decreased for more than half of the top 30 global news websites in May compared to last year, according to the latest Nielsen data. The trend mirrors the drops seen at the top newspaper sites,” writes Liz Webber.
In other news:
> Centenarians show it’s never too late to tweet (Reuters)
> FACTBOX-Viewer statistics for U.S. sports networks (Reuters)
> Tim Rutten: Too much Michael Jackson? (LAT)
> Why the New York Times Co. Will Be in Business Until at Least 2012 (Adverstising Age)