where content, technology and people meet. (SM) Publishing and content technology executives use Shore to measure and understand their markets and competitors, define marketing strategies and implement successful content products and services using Shore's highly actionable insights into vendors, institutions, individuals and virtual communities.
COMMENTARY: INDEX
OVERVIEW
CONTENTBLOGGER
INDUSTRY EVENTS
NEWS ANALYSIS
HEADLINE SUMMARIES
NEWSLETTERS



Shore Communications Inc. - Selected by EContent magazine as an EContent 100 company for 2004
Shore's Research, Commentary and Consulting Receives Prestigious Recognition.  [more...]
FEATURED RESEARCH

New Rules of Engagement:
Re-Tooling Information Sales and Marketing for the New Economy

Details and Prospectus
Current Research

Our free industry newsletter with award-winning insights into the content industry.

Content Nation: Surviving and Thriving as Social Media Changes Our Work, Our Lives and Our Future

Learn how to thrive and to survive as social media changes our work, our lives and our future.
Buy the book
Read it online
Read our social media blog Get this as a feed

Link to Commentary: Main Page
 
Link to John Blossom: Team Member Profile    
Desert Visions: Topics of Discussion for Next Year's Buying and Selling eContent Conference
   
    3 May 2004
SUMMARY:
 
 
This year's edition of the  Buying and Selling eContent Conference from Information Today, Inc. featured numerous panels and discussions (covered extensively in our weblogs) which demonstrated that the best practices of publishers, distributors and their institutional clients are beginning to catch up with an era of content increasingly oriented towards the success of Web-literate individuals. But those same savvy individuals generally don't wait for these established players to learn the next big lesson in content value anymore.  Who will be providing next year's big messages to the assembled content hot shots? Chances are there will be some new faces in the mix - with new models for success in creating value from premium, institutional and individual content.

Sun-seared desert landscapes peppered with quails and cacti have given way to drizzly, dreary skies and forests pushing out their blooms and leaves. Another Buying and Selling eContent conference has become a chapter in content industry history, leaving myself and the 175+ attendees to ponder the outcome of events at the Camelback Inn from our home perspectives. As noted in our extensive weblogs on the conference, there was far less false bravado and cluelessness mixing at this valuable intersection of content, technology and human factors than in years past, with many presenters and participants well focused on best practices that promise to provide high value to professionals and at least reasonable publishing profits for the near term. Vendors are learning quickly how to work with institutions eager to integrate their offerings into their own sophisticated publishing infrastructures and demonstrate returns on investment more highly targeted at bottom-line results than ever. XML content packaging has become a powerful standard for content producers and consumers alike, promising far more concentration on technologies producing value for users rather than on creating costly infrastructures.

But it remains remarkable how many of the key lessons offered in the past year of content deployment have not moved the basic marketing equation of many publishers and aggregators that had leading executives in attendance at the conference. Major Web search engines have blasted open many fundamental assumptions of how people access and value content to solve problems and entertain themselves both personally and professionally, yet aggregators and premium publishers alike talked at the conference about "dancing with the devil" when it come to approaching distribution via these new pillars of content value. The success of Apple's iTunes and the burgeoning of rights-protected eBooks distribution via libraries have demonstrated that rights-protected content that's made user-friendly can be enormously successful, yet nary a publisher in attendance considered rights management a serious component of their distribution strategies. Standardized XML syndication feeds, open access journals and purchasing consortia are placing enormous pressures on publishers and aggregators to adapt new monetization schemes, yet long-established distribution models still prevail. In sum, premium content publishing and distribution remains a very conservative industry that is slow to adapt to the terrain offered by today's content culture. Yet highly profitable vContent companies soar along with double-digit growth, changing the slices in the industry's profit pie day by day.

Given this split between conservative outlook and new profit centers, what are some of the likely themes that are going to unfold in next year's desert rendezvous? Here are a few suggestions for next year's likely topics and presenters at the BSeC conference:

  • Premium publishers start dancing with the devil - and liking it. 2004's conservatism and legal wranglings will have given way to several major publishers hungry to meet their users on their own terms and frustrated with aggregators that fail to help facilitate meaningful relationships with them. A variety of old and new business models will be offered via open search engines to access premium content sources, some direct from publishers, some via aggregators and distributors. Digital rights management for premium content distribution will still be in its infancy for professional sources, but the increasing success and distribution of rights-protected eBooks as sources of useful content in a variety of professional settings will have encouraged a number of leading publishers to experiment more deeply with this and other rights-protected models that enable users to act as distributors and help publishers build relationship networks for their content.
  • Federated search is prevalent and successful, but increasingly limiting. Amazon is the keynoter for the conference, laying out how the Google alliance via a9.com has evolved into the new Google universal search interface that places premium content and products from Amazon alongside open Web content and ad-placed content in a manner that allows users to see content in their their three predominant frames of mind: learning, buying and browsing. As powerful as this federated search has proven to be, though, institutional content purchasers continue to chafe at the inadequacies of federated search at the institutional level, where taxonomy-driven aggregation collections fail to knit in smoothly with open Web and enterprise search results. A leading supplier previews a new search engine that treats all three kinds of content equally to help people locate the truly relevant content that matters to them at the moment.
  • Personal knowledge management begins to shape the landscape of premium content usage.  As part of a Shore panel presentation on "The New Aggregation: Personal Knowledge Management Meets Premium Content,"  a new provider demonstrates how its Microsoft-based content collection and sharing software is helping to create new, legitimate ways for professionals, students and consumers to organize and expose content collections derived from their own sources and Web sources in ways that encourage the awareness of rights-protected premium content via knowledge networks and other forms of communal content value determination. Groove Networks tries a similar demonstration for team-managed content, but the software hangs. A scholarly journals publisher shows how they are using personal knowledge management tools to facilitate the peer review of journal content and add value to the published articles. NewsGator demonstrates how their powerful search features create mini-aggregation content mills from within Microsoft Outlook using content delivered via XML syndication feeds. 

These are all fairly incremental changes for an industry that in large part still progresses modestly into new technology environments. It's difficult for most content companies to move forward any more quickly, though, when the lion's share in new technology investment moves towards other players who don't have to protect existing content licensing agreements that are poorly engineered to respond to today's technical realities. Only by aggressively reconsidering and renegotiating the long-term value of those agreements will today's publishers and distributors be able to make significant changes to their eroding share of content industry profits. It should be a fun time next year at Camelback - for those who are willing to consider the vision of where they need to be by that time. For the rest, well, I hope that April showers are your thing.

- John Blossom

 For Follow-up: Contact the Analyst
  Arrange for an Analyst Briefing on this Topic
  View and Add Related  Postings in the "Creating vContent" Forum

To top of page To Top of Page

 
RELATED
Want to hear a Shore analyst's opinions in private?  Try our Private Advisory Services.
Link to Shorelines, Shore's Weekly Newsletter
Sign up for our newsletter services to get convenient headline coverage
What other services does Shore offer to support my information needs?
shorename.gif (1190 bytes)
[HOME] [US] [SERVICES] [COMMENTARY] [RESEARCH] [COMMUNITY] [PRESS] [CONTACT]
Copyright © 1997-2009 Shore Communications Inc.  All Rights Reserved - Click Here to Read Terms of Use
Corporate Privacy Policy