Should Trinity Mirror have invested in regional newspapers rather than cost-cutting and creating the doomed New Day?

Trinity Mirror's New Day has closed after nine weeks.

Trinity Mirror’s New Day has closed after nine weeks.

I feel no joy over the closure of Trinity Mirror’s New Day. Like any journalist, in these difficult days for newspapers, the opening of the paper, in the shadow of the closure of The Independent, was a little ray of sunshine.

But we all knew, didn’t we? All of us cynics felt it would never work. I was optimistic and privately said it would close after six months, so for it to fold after nine weeks even left me for dead.

In my blog discussing the launch of the New Day I said that I couldn’t understand why the paper was being opened.

There was some bizarre talk of a gap in the market and the chance to sell 200,000 copies. I said at the time was it just a case of sour grapes after TM failed to buy the i?

Who really knows what were the thoughts behind opening the paper? There have been mumblings about trying to encourage people who don’t buy a newspaper to buy this one.

How or why the great powers of Trinity Mirror thought this would work is unsure.

Figures suggest there are 4.5 billion users of mobile phones. These people are not going to spend 50p to buy their news when they can get it for free on their phone at their convenience.

What is for sure, the move to set-up a newspaper without a web site flew in the face of TM’s digital first strategy.

Of course, if it had been a success, TM chief executive Simon Fox would have been heralded, but in the cool light of day success was never on the agenda.

Some commentators have said that you have to praise innovation and at least TM tried. I agree with this philosophy but I can’t get over the fact that failure was just too obvious.

So TM splashed out £5m to advertise the new product, the campaign was poor to say the least with no-one really understanding what the product was about.

It was meant to be ‘politically neutral’ and the news agenda different to the rest of the national market, but it failed.

The design of the paper and the journalism just didn’t break new ground, watching the adverts left you scratching your head wondering who the paper was really targeting?

It is no coincidence that the closure came as the TM share price hit a three-year low on Tuesday at around 113p and ‘bounced’ back on the announcement of the closure by seven per cent, still a long way below last year’s 180p.

The National Union of Journalists has been asking for all the costs involved in the set-up and failure of the newspaper.

It also expresses concern over what will happen to the 25 editorial staff?

What we do know, as I said earlier, is that £5m was spent on advertising the New Day, so you can add on a few millions of extra cost.

At the AGM yesterday, TM bosses were shouting about the £12m ‘synergy savings’ or integration with the former Local World newspapers.

This is code for a load of staff cuts sweeping across the old Local World titles. This made me think.

Rather than spending millions on the dead duck New Day, what if that cash had been used to pour back into the local newspapers, an investment in the future rather than just slicing off costs?

Surely it would have been better to use money to help established businesses rather than create something that was always going to fail?

I maybe naïve, but it is worth a thought and it fits into the innovative, creative thinking arena as opposed to the slash and burn.

Talking of redundancies, a friend of mine rung to talk about how he was booted out of a local newspaper based on the good old skills audit.

Now the skills audit is meant to be fair…but only in fairy tales. More of that little horror story another time.

 

 

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Trinity Mirror’s New Day, what’s going on? Plus, why the digital revolution is on the march in regional newspaper land

New Day. Not exactly an inspiring name for a newspaper, it sounds more in-keeping with a name given to a church newsletter. But let’s not be gloomy. One paper gone, The Independent, another one arrives.

I’ve read extensively around why TM wants to launch the paper today, with stories of gaps in the market and a large untapped audience, plus a commitment to newspapers, but, unless there’s some deep intelligence I’m unaware of, I can’t make too much sense of it.

New day

Many pundits have been surprised that Trinity Mirror has launched a new newspaper and I ap;laud the company for its bravery.

I can only think that TM has thrown its dummy out of the pram at not acquiring the i newspaper and decided to go head-to-head with it.

On the other hand, maybe TM still realises deep down that there’s still cash to be made in print. Remember, don’t be fooled by the web revenues, as I have said before, some newspaper firms are creaming off money from print advertising income to make online look better.

Of course, there’s nothing wrong with this, except it is hiding the reality that online will never make-up for the decline in print revenues.

So back to the launch of New Day, ok, I’ve only seen one copy, but if this is the future of newspapers then I’m slightly perturbed. You have to wonder who will buy it?

I have said that many were surprised by the launch of a new newspaper because it goes against the TM philosophy which is completely committed to the web, just look at its online figures for the regional press and then the sad newspaper sales figures.

Also, look at the fact that TM is already introducing its 3:1 newsroom into the former Local World editorial newspapers. Sorry, apparently it’s not former Local World, just Local World, despite being taken over…I wonder why that is?

While my former colleagues thought that the so-called ‘transformation’ under David Montgomery was huge, this is in a different league, it’s digital, digital, digital, oh, and a bit of newspaper.

A student, aged 18, asked me the pertinent question of the week: ‘Why has it taken newspapers so long to buy into the digital world?’

The question was spot on.

Back in the dark ages, about 1999, I entered my office in Lincoln and the only way to get online was by dial-up…and that didn’t work.

By that time Northcliffe did have news web sites, but the desire for them to be a success just wasn’t there, someone even told me that ‘hell would have to freeze over first.’

The reasons were mixed for this failure to embrace the web, but mainly it was due to the fact that editors’ feared the web would destroy the newspaper and now The Independent may well have proven a little bit of this story.

On the other hand, was the newspaper doomed anyway? The chances of meeting a journalist who has worked on a newspaper with a circulation rise in the last 30 years is the equivalent of seeing a dinosaur walking along the A50 to Derby.

As I have said previously, by 2006-07, with classified lost to online and households having access to broadband wi-fi, the newspaper business was in crisis.

It was at this point that printing overnight to save costs was the only way forward, which left the door open to the argument that there were now two editions, one for the paper and one online.

The battles between newspaper editors and the digital bods, who had the nerve to ditch their ties, had been won by digital, or so it seemed.

Since 2007 regional newspapers have continued to toy with the web like a playful kitten, many staff not really buying into the culture.

‘Of course we are digital first,’ was the scream heard from the newsroom with a knowing nod and a wink as the best story of the day was held back to sell newspaper in 15 hours time.

Having witnessed the latest Trinity Mirror editorial shake-up taking in the old Local World newspapers, you know the wind of change is just about to sweep through the newly-acquired titles.

Taking a broad brush, TM titles have performed better online than old LW titles, while the LW titles have had better newspaper circulation figures.

But TM’s business is far more digital first. While TM makes encouraging noises about the newspapers, if you picture a large room the newspaper team is over in a darkened corner, waiting patiently for content from the digital team on its 2pm-2am shift…

To put it simply, if I was in charge of a regional newspaper owned by TM I would be ensuring that all my mates suddenly had a role with digital in their title to ensure they were protected…or would I?

If I was an accountant I might be wondering how TM can afford to create this digital empire based on the fact that the cash isn’t really there while the newspapers continue to grind out higher profit.

Back in the digital land of TM, as I understand, you either buy into the ‘revolution’ or you are out on your ear. So all those journos who played lip-service to online, be warned.

There are several aspects to the TM digital model.

Skills are important, but they are not the traditional skills we all associate with being a news journo. This will have a profound effect on those who train journalists, knowledge of court, council or public meeting take a backseat, hello to wizards of social media who understand web analytics or can pull a Storify article together in five minutes.

Then you have to ask about the roles in a newsroom. Effectively, if your story doesn’t get enough uniques, then should it have been written? So, for example, if health or education stories don’t get an audience, why bother doing them?

What about the editor? Does he actually have to edit the newspaper any longer when the focus is clearly on the web? Is the solution is to put someone else in charge and just keep an eye on what’s happening in the cupboard?

If there is no need to have certain specialisms which have been a must in the newsroom of old, what are the roles required? Well, what gets the biggest audience would be the first question I would ask? The answer is football.

This role wouldn’t be just writing match reports, match previews or a story about the odd groin strain, it is far greater than that.

It is all about generating content which leads to debate online, analysing football stats, feeding social media audiences with gossip and tit-bits of information, looking at what content does well and then feeding that with more content.

This is a far cry from a football reporter chatting to the manager over a brew before filing a couple of articles and disappearing off to the pub.

So what does this new newsroom look like? It has experts in a field of content which grabs audiences, forget instinct to pick stories, go for data, move in a data analyst, social media editors and content writers who write stories in advance to pick up the mood of the nation for big events or those special occasions such as Christmas and Valentine’s.

Oh, and if the editor is not keeping a watching brief over the newspaper, you need to have someone in charge of that old-fashioned print publishing. So what you will be asking is this good or bad?

Well, it seems to have worked for TM, its digital audience is good. Is it good for journalism? As ever, there are dangers. As I have said previously, rip up the old news agenda and look again. Never have news organisation had such great intelligence on what the audience likes.

But should content be purely based on what the audience wants? I guess, welcome to the real world of retail, has Tesco knowingly ever sold something that it knows people don’t want?

So why should journalism be immune from the art of good business? When the news editor provides a brief from a parish council meeting just ask them, who is going to read it?

Does this mean that those stories based around holding authority to account are now gone, farewell Fourth Estate? This is very possible.

The Independent has said that it will maintain the standards of its journalism online by ensuring big hitters like Robert Fisk are still employed, but what if he doesn’t get a big enough audience?

Who or what will pay for editorial? If the Guardian can’t make money from online and The Sun and The Mail are struggling, what does the future hold?

Both say that the decline in print revenue is not made up with digital revenue and this is the case for most news organisations.

Based on this, can The Independent survive, is there enough cash coming in to keep journalists employed while turning over a profit?

Back in the old LW domain, if you fancy staying in the mix, think, talk and sleep digital, but keep an eye on the newspaper, after all, the old beast still turns a coin.