Tuesday, November 30, 2010

CIRCULATION DOWN AT BANGKOK POST

EXCLUSIVE By The Bangkok Bugle

Audited circulation figures released yesterday show The Bangkok Post recorded a 0.88% decline in circulation during the first half of 2010. Thailand's only newspaper to undergo an independent circulation audit shifted an average of 44,901 copies during the first six months of 2010 - down marginally from the 45,296 copies in the previous six months. Year-on-year the decline is a more substantial 12.38% - from 50,460 copies during the same period in 2009.
But the news is not all bad.
The area which has shown the largest decline is 'bulk multiple copy sales' - copies which are sold at vastly discounted rates. That figure now stands at 13,884 copies; just 12 months ago it was 17,436 copies - a decline of more than 25%. That's a good decline, in my view.
The average number of copies sold per day in shops now stands at 13,741 - a rise of little more than 3% on the 13,299 copies during the previous six month period. Single copy subscription copies are down marginally, now standing at 17,162 copies per day compared to the 17,625 during the previous period.
I've written many times about the advantages and disadvantages of having an independent circulation audit. In this particular case the headline figure shows a decline, but when you look deeper into the detail then it's certainly not all bad news. It appears as though many free or discounted copies have been cut, and that some of those have been turned into paid-for copies.

Read more...

Saturday, November 27, 2010

DIGITAL AWARDS FOR BANGKOK POST

The Bangkok Post has collected one silver and two bronze awards at the Asian Digital Media Awards 2010 which took place in Singapore this week.
The Post collected a bronze in the prestigious 'Best Newspaper Website' category in the competition which is organised by the World Association of Newspapers and News Publishers. It also won a silver in the Online Video Journalism category and an additional bronze in the Online Infographics section.
These latest awards add to recent accolades picked up by the newspaper. In August it was named by the same organisation as Best in Overall Design, and Bangkok Post photographer Thiti Wannamontha picked up the award of Picture of the Year by the Mass Media Photographers Association of Thailand for an image taken during the red shirt anti-government protests.

THE FULL LIST OF WINNERS:

BEST IN ONLINE MEDIA AWARD

Newspaper Website
Gold Award :THE WALL STREET JOURNAL ASIA
Silver Award: APN ONLINE (NZ) LTD
Bronze Award: THE POST PUBLISHING PUBLIC CO LTD
Special Award: THE YOMIURI SHIMBUN

Magazine Website
Gold Award: SENATUS PTE LTD
Silver Award: PT GAYA FAVORIT PRESS
Bronze Award: MALAYALA MANORAMA COMPANY LTD

Classifieds Website
Gold Award: IPROPERTY.COM MALAYSIA
Silver Award: JAGRAN PRAKASHAN LTD
Bronze Award: JOBSCENTRAL PTE LTD
BEST IN DIGITAL CONTENT AWARD

Online Video Journalism
Gold Award: THE ASSOCIATED PRESS - Pakistan Flood
Silver Award :THE POST PUBLISHING PUBLIC CO LTD - The World’s Window to Thailand
Bronze Award: STAR PUBLICATIONS (MALAYSIA) BHD

Online Infographics
Gold Award: THE ASSOCIATED PRESS - North Korea Succession
Silver Award: PT TEMPO INTI MEDIA TBK
Bronze Award: THE POST PUBLISHING PUBLIC CO LTD - Shinawatra’s Assets

User Generated Content
Gold Award: NATION BROADCASTING CORPORATION PLC
Silver Award: PT KOMPAS MEDIA NUSANTARA
Bronze Award: SINGAPORE PRESS HOLDINGS LTD

BEST IN CROSS MEDIA AWARD

Cross Media Editorial Coverage
Gold Award: DONG-A ILBO - 100 Minds Who Will Shine Korea in 2020
Silver Award: PT KOMPAS MEDIA NUSANTARA - (Jelajah Musi 2010)
Bronze Award: SINGAPORE PRESS HOLDINGS LTD - ‘Four Heavenly King’ Food Contest - Durian Puff

Cross Media Advertising
Gold Award: SINGAPORE PRESS HOLDINGS LTD - Campaign Singapore Tourism Board ‘Night Out 2010’
Silver Award: LOKMAT NEWSPAPERS PRIVATE LTD - Campaign Lokmat Aurangabad Premier League A Cricket Carnival
Bronze Award: SINGAPORE PRESS HOLDINGS LTD - Campaign Fashion Season @ Orchard 2010

BEST IN MOBILE MEDIA AWARD

Mobile Publishing

Gold Award: SINGAPORE PRESS HOLDINGS LTD - Publication The New Paper - (Football Kaki)
Silver Award: SINGAPORE PRESS HOLDINGS LTD - www.soshiok.com
Bronze Award: SINGAPORE PRESS HOLDINGS LTD - www.stomp.com.sg

BEST IN E-READER / TABLET AWARD

Tablet / iPad News Product
Gold Award: NDTV CONVERGENCE LTD - Tablet/iPad NDTV HD
Silver Award: PT KOMPAS MEDIA NUSANTARA - Tablet/iPad Kompas Editor’s Choice for iPad
Bronze Award: APN ONLINE (NZ) LTD - Tablet/iPad NZ Herald iPad App
Bronze Award: THE MAINICHI SHIMBUN - Tablet/iPad www.mainichi.jp

BEST IN SOCIAL MEDIA AWARD

Innovative Use of Social Media

Gold Award: SINGAPORE PRESS HOLDINGS LTD (Singapore Blogs Awards)
Silver Award: SINGAPORE PRESS HOLDINGS LTD
Bronze Award: SINGAPORE PRESS HOLDINGS LTD - www.omy.sg (Jack Neo’s Affair Scandal)

BEST IN MOBILE MEDIA AWARD
Mobile Advertising: No qualified winners

BEST IN E-READER / TABLET AWARD
eReader News Product: No Qualified Winners

Read more...

FILM OF BANGKOK CLASHES WINS AWARD

Bangkok-based freelance cameraman Roger Arnold has won a prestigious Rory Peck Award for his coverage of the clashes on the streets of Bangkok during May 2010.
The judges said this was a "powerful and comprehensive piece of work". One said: "As you would expect from a photo-journalist, the photography is fantastic. Roger showed initiative and courage; he covered the story from all angles, from all locations - you couldn't ask for more."
The winning film can be seen HERE on the Rory Peck Awards website. I expect more awards for coverage of the events in Bangkok to win big at other international media awards over the coming weeks and months.

Read more...

Friday, November 26, 2010

iPAD DEVELOPERS TARGET PUBLISHERS

Magazine and newspaper publishers in Thailand are increasingly being targeted by global and local iPad application developers, however many are facing tough financial decisions about whether to invest large sums in what is basically an untested market.
In the last two weeks alone I have been approached by three Bangkok-based companies that are offering to take print publications and turn them into an iPad edition - for a price of course. Add to that two overseas companies and you can see how media companies here are being targeted in a big way.
So far just a handful of Thailand-based magazines have developed iPad versions of their print publications. I expect the number to increase over the next few weeks and months, despite the fact that the investment is considerable. Whether they will survive is another matter.
Of course the majority of income from any iPad edition will come from advertising, but because responses to advertising can be clearly defined (in terms of clicks and views) any publisher will need to be certain of attracting a decent number of readers. In print you can exaggerate the number of readers but with an iPad edition you cannot, and without those eyeballs and clicks no advertiser will remain with an iPad magazine for very long.

Personally I am not convinced readers in Thailand are willing to pay similar amounts for their iPad magazines compared to print publications, and without those readers and their clicks the main source of revenue will perish. What do you think?

Read more...

Wednesday, November 24, 2010

NATION CONTINUES TO DECENTRALISE

Nation Multimedia is continuing its decentralisation plans with the announcement of the forming of two new "business units" to look after its Thai language newspapers Krungthep Turakij and Kom Chad Leuk. This brings the number of business units within the public listed company to seven.
"We have the human resources to provide quality media services, and in this business realignment, the subsidiaries will have their own boards of directors, chairpersons and presidents while sharing advertising, circulation and administration operations," said Group Chairman Thanachai Theeravatpong. "We have the best of both worlds in this new synergised endeavour."
For me, having each publication operating on its own certainly has advantages. Each will have to be profitable without the support of the parent company. Any unprofitable titles will quickly be identified.

Read more...

Tuesday, November 23, 2010

REAL ALL ABOUT IT IN KHAO LAK

The great thing about blogging is that it puts you in touch with like-minded people around the world. Recently the publishers of the KhaoLak Echo got in touch, and here's a short piece they wrote for The Bangkok Bugle about their own publishing experiences in Thailand.

"The nice thing about living in a somewhat 'remote' tourist destination like Khao Lak (Phangnga, Andaman Coast, southern Thailand - got an idea where it is?) is that the community relations are strong, everybody knows each other. Bonds developed over the years, especially with the common disaster experiences of the 2004 Tsunami in the background.
The drawback is, that it has the feeling and attitude of 'simmering in your own soup', the incorporation of the outside world is limited and sometimes not wanted at all. Even hot local topics that should be discussed openly are downgraded to rumors and hearsay.
After two years of publishing exclusively the Khao Lak Classifieds - digital as well as in print - the decision was made to evolve our little project into a bi-weekly local newspaper.
The new KhaoLak Echo is a small local magazine with stories and articles from and for guests and residents in KhaoLak. Our goal is to offer a platform for interested people to write (not only) about Khao Lak. The personal encounter, impression, review, adventure, picture, story counts. The KhaoLak Echo is a free pick-up-copy and printed twice a month with a circulation volume of round about 2,000 hard copies each time."

The Khaolak Echo is published by Siam InterAct Co. Ltd and is available on the Internet at www.khaolakecho.com

Read more...

Saturday, November 13, 2010

PROFITS UP AT NATION GROUP

Consolidated financial statements published by Nation Multimedia Group Public Company Limited and its subsidiaries for the nine-month period ended 30 September showed an operating profit before income tax, share of net profit from associates, gain from a bargain purchasing of investment and reversal of doubtful debt of THB 60.46 million.
The report, published by the Stock Exchange, noted an inclusion of income tax of THB 39.84
million, share of net profit from associates of THB 121.96 million, gain from a bargain purchasing of investment of THB 90.83 million and reversal of doubtful debt of THB 20.93 million.
Operations for the nine-month period showed net profits of THB 254.34 million, compared to the same period last year which showed a net loss of THB 114.27 million.
In justifying the turnaround in performance, the statement said: "Revenues from sales and services for the nine-months increased by 12 per cent year-on-year, advertising revenues increased by 14 per cent as print ads rose by 12 per cent, and there were advertising revenue increased in broadcast business unit by 23 per cent, new media increased by 8 per cent as well.
Moreover, the statement said: "Circulation revenue increased by 2 per cent resulting from 7 per cent rise in newspaper circulation, whereas pocket books and comic books dropped by 12 per cent.

Read more...

BETTER RESULTS FOR POST PUBLISHING

The Post Publishing Public Company Limited has reported third quarter consolidated net income of THB 21.919 million, compared to a consolidated net loss of THB 23.197 million baht for the same period last year.
The company publishers The Bangkok Post, a number of Thai language licensed magazines including Martha Stewart Living, and provides news to television companies.
Its statement to the Stock Exchange of Thailand noted that : "Sales and service income increased 21.33 per cent from THB 376.611 million to THB 456.935 million. Advertising sales came back strongly following the very weak April and May, while publication sales improved slightly. Costs of sales and services increased 8.37 per cent from THB 283.391 million to THB 307.118 million. Selling expenses, administrative expenses, and management’s remuneration increased 1.40 per cent from THB121.900 million to THB 123.603 million.

Read more...

Thursday, November 11, 2010

FREE NEWSAPERS, MISSED OPPORTUNITY?

I don't know how many free daily newspapers are published in Hong Kong, but on a short walk from the subway station to the Hong Kong Convention Centre earlier today I counted at least eight.
And they were being picked up in big numbers; I'd estimate about one in every three commuters were stopping to collect a newspaper, and in one case there was even a queue forming as the distributor struggled to open one of about 20 bundles. Print is clearly in demand.
As I was walking along I couldn't help but think that a decent free newspaper would work really, really well in Bangkok. The ill-fated Daily Xpress failed, in my opinion, because it was in English. Most of the free newspapers here in Hong Kong are Chinese.
English, in publishing terms at least, is a niche language in Thailand, but a really good daily newspaper in Thai, with decent street distribution, could be a real goldmine for any Thai publisher brave enough to try.

Read more...

Tuesday, November 09, 2010

MAGAZINES RUSH TO LAUNCH iPAD APPS

At least three magazines in the U.K. have announced the launch of iPad versions of their printed magazines within the last few days, and more are set to follow in coming days.
Wired is one; its offering is priced at £2.39 compared to the £3.99 price tag of the print edition. I think that's a fair price considering the same design and content production costs apply. Only print costs disappear, replaced by the added costs of a redesign and rewrite for the iPad.
During a meeting yesterday one of the most knowledgeable people in the Thai publishing sector told me there are currently around 40,000 iPads in Thailand right now, and sales are average around one per hour, or 24 per day. Given those stats, and the fact that readers seem reluctant to pay for anything digital, it will be a long time before most Thai publishers start looking seriously at iPad applications of their print publications.

Read more...

Monday, November 08, 2010

RESTAURANT GETS A PASTING

It's not that often you read negative reviews about Bangkok restaurants in local newspapers or magazines. One of the reasons is that, in many cases, the restaurant also happens to be an advertising client and the review is "sold" as part of a package. They buy a page and get a favourable editorial review. I think most readers knows this and can see through what is basically paid-for editorial.
This week's BK Magazine stands out from the crowd because it's published a scathing review of Pattisserie Pommery in Sukhumvit Soi 26. It gets a 1 out of five. Some of the choice words in the review include: "... the cafe's staff is completely clueless ..." and "... this is a kitchen which has lost all direction and is scrambling to please by attempting to do everything under the sun, with neither talent nor soul."
A refreshing change, I am sure you will agree, although the publishers of BK can surely kiss any hopes of advertising revenues goodbye for a long, long time.

Read more...

Tuesday, November 02, 2010

NEWSPAPERS IN THAILAND TO DIE IN 2037

Newspapers in Thailand will disappear in 2037 - many years after other parts of the world - according to a prediction from Australian-based futurist Ross Dawson.
His Newspaper Extinction Timeline shows newspapers in the U.S. will be the first to disappear in 2017. He predicts those in the U.K. will disappear some two years later.

Dawson also provides a framework for the drivers behind the demise of newspapers as we know them. Global factors he cites include the
increased cost performance of mobile phones, increased cost performance of tablets/ e-readers, the development of high performance digital paper, changes in newsprint and print production costs, the uptake of digital news monetization mechanisms, changing trends in advertising spend and allocation, and the development of open platforms.

HAVE YOUR SAY.
When do you think newspapers in Thailand will disappear completely? Is 2037 an accurate prediction? Are readers in Thailand willing to make the switch from print to digital, and also willing to pay for digital content in the same way they would when purchasing a print product? Join the debate and leave a comment.

Read more...
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