There's a strange feeling in the media business, almost eerie. People talk about it in hushed he’s-got-cancer tones. There’s a sense within newsrooms that the industry is changing forever. Some say it’s dying. The question turns to who is to blame. Inevitably, the finger gets pointed at Google. This is Jim Spanfeller, CEO of Forbes.com, writing earlier this week on PaidContent:
In the end, in attempting to “do no evil,” Google has done exactly that. I say this not just as someone running a content site but also as an end user. If this inequity of support continues along these lines, we will see a continuing destruction of our journalistic enterprises—enterprises that are one of the core building blocks of our democracy.
Spanfeller is someone I’ve known for years and respect quite a bit. His bill of particulars is long and some of it is quite sensible. (The last click metric of attribution, most agree, is outdated and gives too much credit to search over branding efforts.) The underlying theme, however, is Google is ripping off publishers. I understand what he’s doing here. Forbes is suffering like everyone out there. As a member of the Online Publishers Association, he’s got reason to paint Google as the villain. If only it were that simple.
Google is just the representation of the vast changes in delivery and consumption of media that digital technology has caused. The thing is, the media companies themselves are mostly to blame for what’s happened. The other day, I went to a panel called “Seven Minutes to Reinvent the Internet (for Advertising).” Quite sensibly, the majority of the seven speakers chose to spend the their time on the reinvention of advertising for the Internet. This was partly a cop out but partly a smart acknowledgment that there’s no changing the Internet. Ty Montague, the chief creative officer at JWT, showed a clip from The Thing of the monster mutating and growing stronger in the face of attempts to subdue it. His message: “Ain’t gonna happen.” Ask the music industry.
That’s instructive to media companies grousing about Google. There are many things wrong with how it ranks stories, I agree. Too many bloggers regurgitate original reporting and game Google to get their stories more play than the people who did the real work. Aggregation, in many cases, has become license to simply steal. That’s wrong.
The root problem does not lie with the Internet, it’s with media. I’ve seen it in my own career. Media organizations haven’t adapted. They’re structured in much the same way as they were before the Internet. They bought this fallacy that it would be an additional distribution channel. So instead of radically changing their businesses and cost structures, they fiddled. Newspapers were content with their local monopolies. Magazines kept churning out glossy puff pieces so long as there were ad pages. It was all bound to come crashing down. Google is an easy scapegoat.
That doesn’t leave me necessarily in the Jeff Jarvis camp of Google worship. It’s an amoral enterprise that will take whatever steps it can to build its market cap. Sometimes it’ll cross the line. But focusing on Google is pointless. It’s time to reinvent media properties rather than look for government subsidies or trying to shake down Google. My bet is the innovation won’t happen within media companies. They’re too slow, too conservative and too culturally wedded to defunct processes to make the leap. That doesn’t mean all hope is lost. I’m encouraged by the strides made by publications like NewWest.net and all the independent technology publications (I won’t call them simply blogs) that have filled the void capably. The media model for the Internet will be nimbler, have a drastically lower cost base and figure out new ad models that actually excite marketers.
Martin Sorrell wrote in WPP’s annual report that the new "frenemy" is not Google but change. That’s true. The other night, I commiserated with a fellow reporter. He said he wonders sometimes if he would make the same choices he did nearly a decade ago when he went into journalism. I couldn’t agree. What’s going on in the media industry is actually pretty exciting, if a bit messy in the short term.
Recent Comments