Mobile Computing is the New Media Frontier (Google, Apple, Facebook, Twitter, AT&T, Verizon)

mobile image recognition

A little over a month ago, we highlighted the Print Wars that are now just beginning to take shape here in the United States.

Since then, I have been privy to a variety of shape changing events going on in the media world—most of which are unfortunately bound by Confidentiality Agreements and NDA’s.

However, as we continue down this road I hope to be able to share more of these exciting developments.

In other news, this week’s Web 2.0 Conference in San Francisco has delivered some headlines, including Twitter results in both Google and Bing searches.

This may seem like a “yawn”, but what it foretells is that the ice may have finally cracked in the Twitter revenue quest—creating very powerful credibility boost for Tweets everywhere, with a gauntlet thrown at the feet of Facebook’s walled garden.

However, the most interesting thing that I read from the conference was Mary Meeker’s annual Web 2.0 Presentation, this year “hyper focused” on mobile computing, the next big stage in the computer development life cycle.

Meeker’s thesis is that the platforms for mobile computing, including handsets (iPhone, Pre, Android-enabled sets), and Applications/Platforms (Facebook, Twitter, iPhone Apps, Android-enabled Apps/Widgets) have re-trained the consumer towards a “Pay to Play” model.

While I have always maintained that mobile advertising is a supremely valuable medium, the adoption and implementation of this technology is moving much slower than all participants would like.

In discussions with a Senior Media Agency Operator a couple of months back, he mentioned that Mobile companies were actually paying Madison Avenue agencies (not as a kick-back to be clear—as a pass through to advertisers for the cost to set-up campaigns, etc.) to take advantage of their inventory in hopes of developing a valuable results story to sell other advertisers.

The good things for those well positioned in the mobile space is that your livelihood is not explicitly tied to advertising revenue.  Why?  Because as Steve Jobs, backed by data from Japan and other advanced mobile computing cultures has shown, consumers will Pay to Play while they are “on the go”.

It will be interesting to see how carriers, who are now, like Internet service providers, a “dumb pipe”, look to flex their muscles and compete in a marketplace where additional applications and services siphon their network bandwidth.

You may download the Web 2.0 Presentation presented by Morgan Stanley’s Mary Meeker at Scribd here. (Originally posted by Henry Blodget from The Business Insider)

Mike Caprio has worked in the broadcast media sector for over 10 years, with broadcast content companies, ABC/Disney, CBS/Viacom, before founding the first broadcast media marketplace for radio and television at SWMX.  Mike currently works as VP of Sales, New Business Development at advertising technology provider Visible World.

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Google, Apple, Amazon, Facebook: Have the Digital Print Wars Begun?

newspapers

Episode II: Beware of Geeks Bearing Gifts

Ten years ago Shawn Fanning single handedly crushed the music business from his dormitory—in many ways changing how the World perceives the value of content available on the web today.

Fast forward to 2009, with newspapers and magazine companies clawing at any opportunity to stem the rip tide that is sending their revenues out to sea.

And although the television business is not quite at Def Con 1 yet, the veneer is starting to peel away on their balance sheets, spurred in large part by receding viewers and dwindling forecasts—all from traditionally dependable and profitable businesses.

As convergence is pounding the traditional media industry, a trade association is looking to technology companies to help transform their business.

This week the Newspaper Association of America (NAA) received a very public response to an RFI they issued requesting submission on ways to better monetize content through combined value of subscriptions and greater audience targeting.

In case you missed it, the article was originally posted by the Nieman Journalism Lab and can be found here.

In that response Google, the ubiquitous technology giant and “frenemy” to the media industry,  proposed an open system that would empower NAA members with the infrastructure to do what iTunes has done for music labels and developers in their app stores—provide an open platform for multiple properties to be housed under an umbrella that supports a combination of subscription “micro payments” and greater ad inventory management.

While Amazon has activated subscription-based access to publications on it’s Kindle, the war among hardware and technology companies to control the distribution of “print” content has just begun.

Apple (through iTunes), Amazon, eBay (through PayPal), Facebook, and of course Google, will be looking to create a partnership with the print industry as the vast majority of traditional “print” content migrates to tablets, netbooks, mobile phones, and e-readers and away from paper.

Out of the group referenced above, there are really only two that have the power through their advanced ad network, the reach, and the commerce infrastructure to support the two areas of focus of the RFI.

Facebook and Google.

Clearly, we haven’t even written the lineup card for what could be the next big opportunity for Silicon Valley to throw a temporary “life raft” to an industry unable to control it’s digital destiny—and with it, re-make an entire market.

In 2001 Steve Jobs remade Apple’s image with the iPod, and with it creating a “Jobs-stantinopal” with iTunes, an incredible platform that transformed the music business.

As the players in this market start to reveal themselves, the battle for a much bigger marketplace will begin to unfold.  The question will be whether the print industry can avoid having one dominant player control their access to these 21st century systems and devices that will ultimately craft their future.

“We must beware of needless innovation, especially when guided by logic.”   -Winston Churchill

To be continued…

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Entering a Brave New Media World

Before I was so rudely interrupted by a group of self proclaimed “Saudi Arabian Hackers”, I had decided to create a community for those in the media industry to learn about the technological and model-disruptive forces that seek to transform the media industry.

I hope you will join us we dissect what is possible, what is likely, and what is just a press release.  Please be vocal (unless you are a terrorist hacker), and share your thoughts.

If we are going to shape the future of the industry, we should understand the possibilities, challenges and opportunities that lie ahead.

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