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Business and financial news outlets are distinct among information providers. They are many and varied; some international, others quite local. While many report news broadly, the key ingredients have always been facts and figures mixed with rumors sufficient to satisfy investors, shareholders, executives and all who watch them. All these outlets have struggled, some more than others, with digital competition. Credibility is of the utmost importance.
The negative effect of fake news, hate speech and propaganda on civil society is beyond question. Only those wishing to upend The Enlightenment are delighted with the onrush of noxious, veracity-challenged dribble affixed to media - old, new and social. There is no easy fix.
Suggestions that traditional news media died in 2016 as “post-truth” reality defined news - online and elsewhere - widely misses the mark. Disruption certainly has a place in civil society but not the only place. The ethos of journalism is easily dismissed but not, completely, forgotten. It’s just the hacks who send out press releases, whether touting a new experience for over-stimulated Millennials or sowing confusion among those “low-information” voters.
The Millennials – new
In the media sphere nothing is more important than knowing the audience. Once in a generation a target group evolves to catch the attention of publishers and broadcasters, advertisers and media buyers, social critics and politicians. The Millennials, also known as Generation Y and digital natives, are it, with unique characteristics and behaviors. They have already reshaped everything we do. 35 pages, PDF (December 2016)
State Aid - Media Rules
National authorities have at their disposal a variety of economic measures to stimulate, develop and improve competitive market sectors. Sometimes they miss the big picture or have special circumstances. Within the European Union an executive branch of the European Commission stands ready to clarify the rules of each and every game. State Aid rules are developing as the playing field gets bigger. 35 pages, PDF (September 2016)
Social Media Matures (...believe it or not...)
Hundreds of millions use social media, billions even. It has spawned revolutions, excited investors and confounded traditional media. With all that attention a business model remains unclear or it's simply so different many can't see it. What is clear is that there's no turning back. 114 pages, PDF (July 2016)
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