How Facebook changed the world notes

Weekly Media Story 14

http://www.guardian.co.uk/technology/2013/jan/08/twitter-uk-subsidiary-meagre-profits

Twitter is based in San Fransico, America but has headquarters all around the world as they have different subsidises. The UK subsidiary posted lower than expected profit levels.


Twitter is expected to float for $11billion. Facebook was expected to be floated at a large sum also and I wonder how that mistake has affected twitters decision to float themselves in the market, and the estimated figure also.

Weekly Media Story 13

http://www.dailymail.co.uk/sport/othersports/article-2258369/NBA-news-Sky-Sports-screen-London-Live-rest-2013-season.html

Since the Nba season started there has been no coverage in the UK until Christmas day when ESPN and the NBA agreed a deal that would allow ESPN to resume coverage in the UK. Sky sports has now got a deal to rival ESPN on the basketball provision in the UK. So now both can now broadcast the games legally.  After the UK NBA game, they can now broadcast games which the NBA decides. This game will be the first game in the UK that is viewable in 3D. Sky sports can comfortably say that they dominate the UK sport broadcasting industry with this deal.


For me as a basketball fan, I have waited for more games to come to the UK, and welcome the move with open arms as it brings me more. More games more coverage and brings me closer to the action. I think as a fan it is a positive move because it gives the UK fans much more than we were previously getting from just ESPN. As a media student I wonder other digital broadcasters can compete along with Sky in the bidding for accounts such as this one. Do the regulatory bodies that look into monopolies in media not have anything to say about Skys dominance in sports broadcasting?

Weekly Media Story 12

http://m.guardian.co.uk/media/2012/dec/18/newsnight-inquiry-bbc-helen-boaden

One of the executives that pulled the plug on the jimmy Saville news night story, was made to step down as a result of not letting the story go through. An email sent around through the staff, says she will be coming back. The pollard document which is the report about the jimmy saville case will be published today at noon.

Link to News Corp Powerpoint

https://docs.google.com/open?id=0B3LRsG7jNLgEZkZqZjJFQkRFUjg

Weekly Media Story 11

http://www.guardian.co.uk/news/datablog/2012/dec/13/uk-online-obsession-ofcom-latest-figures

This article is talking about the ofcom figures for online usage, describing it as an 'obsession'.

• 60% of phones in the UK are smartphones
• Uk consumers download 424 mbs of data a month - almost 60% more than last year
• Increased usage in mobile phones has been driven by social networking on mobile phones
• Almost 25% of people use catchup tv serviceses a week
• Thats first place in the international rankings, way ahead of US
• Leading the way in online shopping, 
• Uk consumers spend an average £1083 per anum
• 36% use the internet as the primary source of news

Cover Work

News Corp's publishing are to  focus on losses at Times and Sunday Times

• Thetimes and sunday times cost an estimated £1million a week. 
• The companies have been able to run at the losses because news corp can absorb the losses, due to their financial position. 
• The film and tv side of news corp is more profitable.
• They want to make changes but dont know if they wil be allowed because of the bad publicity. 
• Competitors are also operating at a loss

This poses a serious problem due to the division from within news corp as a result of the bad publicity that the priniting side of the company has received over the pat 18months. It wasnt hidden but was masked because of how much money was generated by the broadcasting and production branch of newscorp and is something that needs to be addressed, especially with the fall in circulation of the newspapers. 

Sunday Times circulation falls below 900,000 for the first time

• Fell by a little less than 1%
• 7.51% fall compared to last year
• All of the sunday newspaper competitors are also losing money and sales
• Artificially boosting circulation numbers
• The sun might fall below the 2million mark 
• Sales of the sunday paper have fallen nearly 50%

I dont think that this is really that serious as it is also happening to their competitors  It is serious but not extremely bad because its just the way that the market is going. If it was just there circulation figures that were going down then it would be a cause for concern but not so much as its happening to the rest of the firms. 

Uk Newspaper advertising facing bleak forecast for 2013

• Predicted 9% decline 
• Revenue is expected to fall below £1billion 
• In 2005 its estimated that the newspaper advertising market was worth £2.5billion
• Prospect for regional newspapers is looking better

This is a huge problem for UK newspapers because there main revenue is generated from advertising. If the revenue is no longer there than this could be the decline of an industry that once drove every nation. This could be the start of the decline of print. 

The ups and downs of BBC Online 

• Less than 8million people online in 1997 
• More than 50million today

The figures have tended to fluctuate but there clearly has been a huge increase in the amount of views on the website. Its showing how the way people reccieve the news is changing. When big things happen in the world online is usually the first to report it as it allows the most flexibility. This is supported by the chart we are given.