Annual industry forecast from award-winning research and
consulting firm foresees “reality checks” as the key focus for
publishers and electronic content service providers in a
toughening economy.
WESTPORT, CONNECTICUT, 27 FEBRUARY – Recent turmoil in
global financial markets and gloomy forecasts from leading
economic experts are underscoring earlier guarded forecasting
for the content industry by Shore Communications Inc. (http://www.shore.com),
the research and consulting service supplying content industry
executives with ground-breaking thought leadership in
publishing services. The annual content industry forecast from
Shore’s award-winning team of industry analysts outlines
“reality checks” as the key trend that will be shaping the
marketplace for electronic publishing services used and
purchased by individuals and institutions in global content
markets.
“A more challenging sales environment for ads, subscriptions
and value-add services is challenging publishers and content
services providers to have business plans that focus on highly
achievable revenue and earnings goals,” said John Blossom,
President of Shore Communications Inc. “But this does not mean
that many of the major trend-setters are likely to be swept
away in a 2000-like ‘bubble’ burst. To the contrary, the
dominance of online content as the driver for publishing
revenue growth has reached the point that economic downturns
are more likely to fell content services that have not moved
aggressively enough to optimize their operations for online
audiences. Especially perplexing in this economic cycle will be
the role of user-generated media. With much of the content in
weblogs, Wikis and other social media publishing properties
generated via enthusiasts with little financial exposure
successful social media plays may find their position
strengthened significantly in comparison to traditional
services.,”
The 18-page report, entitled “Outlook 2007: Reality Checks”,
provides a detailed analysis of the current major trends in the
content marketplace and focuses on trends impacting
institutional content markets, scholarly publishing, business
and market information, business media, general media, social
media, book publishing and content technologies. The report
focuses on the need for publishers and content services
providers to focus on aggressive new approaches to content
licensing, adapting content services to the increasingly
real-time expectations of online audiences, leveraging social
media as an emerging profit center and adjusting to marketers
who are creating their own destination content and in doing so
bypassing traditional advertising channels.
Major trends in the content marketplace are also analyzed
within the primary attributes of the Shore Content Market Model
™, an evolving comprehensive taxonomy of the content
marketplace. Key recommendations are provided for content
vendors, technology vendors and purchasing institutions that
need to develop strategies to meet the challenges of publishing
in a rapidly changing marketplace for content services.
“This report has become an essential tool for initiating
effective decision-making processes in the content industry,”
said Shore President John Blossom. “Our leading team of market
analysts combines to provide powerful insights to help leading
content industry executives make crucial decisions in
developing, marketing and deploying content services.”
Further details on the report, including a complimentary
executive summary and registration for downloading the report
may be found at the following Web address:
http://shore.com/research/current/reports/SCI200701.html
ABOUT SHORE
Shore Communications Inc. is a leading research and
consulting service focusing on organizations that develop,
purchase and use professionally-oriented content and the
technologies that facilitate its use in individual and
collaborative environments. Shore focuses on the complex
interplay between content, technology and people that creates
value for organizations and individuals in today's marketplace.
Shore’s research, commentary, private consulting and
confidential advisory services provide valuable insights into
the products, practices and behaviors that maximize the value
of content and related technologies through all stages of its
creation, organization, marketing, deployment and use.
For more information about Shore and report purchases,
please contact John Blossom at 203.226.9488, jblossom@shore.com,
or visit
http://shore.com/us/resources/press/.
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