The Media Minute 03.18.2020

With more people living in Europe than in the U.S. and Canada combined, there’s a massive knowledge pool among European publishers that many North American media companies have yet to access. In fact, publishers in North America face many of the same challenges that European media companies deal with and, in some cases, have already overcome.

Publishers are now trying out different strategies to quickly adapt to the rapidly changing situation and continue serving their readers, as well as wrestle new opportunities out of this global calamity. Many publishers have admirably risen up to the occasion to take the challenge head-on.

The Interactive Advertising Bureau’s 2020 NewFronts moved to streaming-only presentations, several media companies have canceled their upfronts and industry conferences, such as SXSW and Collision, have been postponed or gone digital.

Following that order, the area’s most prominent paper, the San Francisco Chronicle, published a note to readers reaffirming its commitment to journalism through the coronavirus outbreak and the steps its taking to make that possible.

Along with the significant shutdown of the nation’s public libraries, independent booksellers are joining the call for social distancing and closing on a temporary basis, at least to the public, with many stores continuing to process shipments and/or make deliveries.

Along with the significant shutdown of the nation’s public libraries, independent booksellers are joining the call for social distancing and closing on a temporary basis, at least to the public, with many stores continuing to process shipments and/or make deliveries.

Cutting costs in our operations has long been the fallback for many companies. As painful as this strategy is the approach seems to show immediate savings and despite of ourselves, we always seem to find a way to get the work done through one means or another.

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