First Look at New Mini Wall Street Journal
By Tom Foremski - December 8, 2006
From Editor and Publisher magazine:
L. Gordon Crovitz, publisher of the Journal, yanked aside a giant white curtain to reveal a new front page that retains many of the same elements as are in the paper today. There's just less of it.
"Our goal is ambitious," Crovitz told the 50 or so reporters and photographers covering the event, "we are the first to rethink what a newspaper is."
A smaller format newspaper will be a problem--advertisers won't want to pay the same for less.
When I was at the Financial Times, the Technology supplement that was published monthly was redesigned into a tabloid size to save printing costs. Advertisers balked at paying the same price for a full page ad in the new format as in the old. Less is not more when it comes to newspaper ads.
My advice to Dow Jones is get rid of the subscription firewall for the online WSJ for yesterday's news. Take advantage of the free distribution by bloggers and others. That will establish your content as a top news source. Charge for news today not for yesterday's fish wrap.
Link to First Look at New WSJ' At Today's Unveiling
By Tom Foremski - December 8, 2006 | Permalink | Comment
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Comments (3)
Dead-on, Tom!
How many times do you see a two page spread, where some megafirm wants to say something with impact. You open it with both hands, arms spread wide, and all you can see is the message. How can you do that smaller?
Publishing requires that you first consider the advertising context of the format first, and then the content, and then the user convienence.
I can tell you that this also is very true for video on the web as well, with some interesting surprises.
Posted: December 8, 2006 1:57 PM
William: I'd love to hear about what you've discovered regarding regarding video on the web...
Posted: December 8, 2006 4:44 PM
A big media company tried something similar (30 second commercials for the price of 60 seconds). I saw a transcript of a industry panel and more $ for less space in radio also went over like a "fish milkshake."
Posted: December 11, 2006 9:15 AM