The World in 22 Minutes

This quote from Jon Banner, executive producer of ABC Nightly News, is one of those truths that are said innocently enough without the speaker realizing how much they are saying about why the news business is in the trouble that it is in. If you only have 22 minutes to inform and educate your viewers, are you capable of actually informing or educating them on any one subject much less a range of them?

“It’s a very different editorial process when you have 24 hours to fill as opposed to 22 minutes,”

[From Divide between right, mainstream media - Michael Calderone and Mike Allen - POLITICO.com]

I’ve said it before and will continue saying it, the networks should simply abandon the evening news format and refocus the resources on a next generation online offering (think of something like Hulu but exclusively focused on news content), and supporting the local affiliates who are already well into failure mode.

UPDATE: The other thing that I could not help but notice is the developing cabal of dismiss’ists who say because Glenn Beck is an entertainer that his program should be discounted insofar as it’s ability to present news. I am seeing this with greater frequency, the traditional media saying “well they are just cable” or “that’s not news, it’s entertainment” or “we are journalists, not bloggers” as if you need some regulatory certification or accreditation in order to do journalism. What the traditional news business can’t seem to stomach is that their profession isn’t that complex after all and their historical barrier for entry was not access but distribution, which in our age is not a steep barrier to overcome at all.

Reblog this post [with Zemanta]
More on this topic (What's this?)
What Recovery?
Market Outlook
Week Ahead Magazine: June 22, 2014
Russian Borderlands: The View from Azerbaijan
Read more on Mexan at Wikinvest

Apps.gov

The Federal government launched Apps.gov as a one stop clearinghouse for software as a service applications that the GSA makes available to government agencies. It’s a good idea and if coupled with good oversight and accountability should net the government (aka your money) significant savings through better utilization of services (minimize shelfware), and a streamlined purchasing process.

For vendors it should be equally compelling because while getting on the GSA schedule is half of the battle the other half is going out and selling your products to government agencies even after you have been approved to sell to them. This storefront should make it easier to sell to the government although it won’t take all of the legwork out of the equation by any means.

200909160939.jpg

If there is one potential problem for software providers it is that the pricing they are making available to the government is exposed for everyone to see. This was always more or less the case because a FOIA request would certainly have yielded GSA pricing but never before has it been so easy to see what a company is charging the government for technology.

200909160942.jpg

More on this topic (What's this?)
The Key Is Cash Flow
SaaS Just a Sliver of a Splinter of IT Spend
Read more on Groundstar Resources LTD, Software as a Service at Wikinvest