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March 23, 2005

"While blogging is wielding some influence in media and political circles, traditional news outlets are still the dominant sources of information for the American public." This quote from a CNN/USA/Gallup Poll released on March 22 may hold water today, but what future effects does the media industry expect from these digital diaries? The answers are diverse.

1. The age gap: The Gallup Poll demonstrates figures of blog readership (correlating to internet use) that are the opposite of figures of newspaper readership. Whereas 61% of the 65 and older age group read a daily paper, only 32% of 18 to 29 year-olds do the same. On the other hand, a mere 33% of the older demographic consult the internet, 28% of which read blogs, whereas 91% of the younger age group use the internet with 44% browsing the blogosphere.

2. The changing newsroom: As online citizens' media websites such as OhMyNews are turning profitable, Mark Glaser has written an article at the Online Journalism Review that describes the evolution of a new type of editor: the citizen media editor (CME). Although there is no paper yet with this official title, Glaser predicts that more will surface such as they already have at MSNBC.com or NorthwestVoice.com. He defines the CME as "Part chat moderator, part copy editor and part ombudsman."

3. The media's PR role: an article in Toronto's The Globe and Mail shows that blogs are diminishing the media's role as a public relations tool. Blogs, theoretically written by "normal people," empower companies to have direct contact with their consumers, thus bypassing the media who traditionally has played a major role in PR firms' message. A prediction that blogs will become more influential in swaying public opinion comes from two "trust" polls, one in Canada and one in the United States. The first showed that 55% of Canadians trust a "person like yourself," falling only behind academics and doctors, and that 56% of Americans do the same, up from a mere 22% of peer trust only two years ago.

4. The business opportunities: "The value of blogs to businesses is their ability to enable and facilitate communication," says Frank Barnako at Market Watch. He goes on to say that blogs are both good and bad for publishers; good because their content is being read, attracting people to their website, but bad because it becomes impossible to charge for their content. Chuck Richard, vice-president of Outsell Inc., a technology market research firm that has recently released a report on blogs concurs that "they are going to be big." A similar article at The Deal provides a summary of the venture capital that is being presently put into blogs and citizens' media. Although it notes that it's still early in the blogging game, the article predicts that "social media" investments will not experience the same crash landing that technology companies went through in 2001: Citizens' media is "Not the next bubble."

Source: CNN/USA Today/Gallup, Online Journalism Review, The Globe and Mail, MarketWatch (registration required), and The Deal


Originally posted by john burke from editorsweblog.org, remediated by yatta on Mar 23, 2005 at 11:40 AM