Advertising and the COVID-19 Pandemic: Working with Trusted Media in Times of Crisis:

Brand safety is always high on the agenda for advertisers, but what does this mean in the light of COVID-19? That was the question posed to a panel of 11 industry experts yesterday during a webinar hosted by the World Media Group. The panel was chaired by Alex Altman, Global Client President at Wavemaker.

To view the entire webinar please click the link below:

The role of media in a crisis 

Altman’s first question, addressed to Emma Winchurch-Beale, International Sales Director at the Washington Post, was how the newspaper’s editorial team balanced the need to report what’s going on without causing undue anxiety within its audience.

“People are frightened and it’s our job, along with our colleagues in other news organisations, to be the guiding light and help them through this pandemic,” she said, emphasising the newspaper’s role was to offer reassurance by delivering trusted information, as well as practical advice. To that end, they have created a new COVID-19 subsection on the website, and most of the COVID-19 coverage is free, outside of the pay wall.

Denise Turner, Insight Director, Newsworks, the UK body for national newspapers, agreed that people turn to trusted news sources in times of crisis. She said print subscriptions and newspaper home deliveries were on the rise, and traffic to digital outlets was up by 30-50% in the UK. Engagement is also up: “There’s an uplift in not just dwell time, but also comments on articles [and] shares. So people are not just passively absorbing it, they are actively engaging with the content.”

The need for well-researched trust-worthy content

Johanna Mayer-Jones, SVP of Partnerships at The Atlantic, agreed that the significant spikes in traffic and engagement across the board are because “people are hungry and they need information and news that they can trust at the moment.”

Referencing a popular article called ‘How the pandemic will end’ by Ed Yong, she explained the importance of delivering thoughtful, well-researched, scientific-based content exploring the long-term impacts of the virus. “We want to be thinking about conversations that might take place in two or three day’s time or a week’s time and provide a different type of perspective at this moment.”

Altman turned to Damian Douglas, Managing Director EMEA at Time,
to ask how they were adapting to consumer expectation of news brands in light of COVID-19.

“First and foremost, this is a humanitarian crisis,” Douglas said, so publishers will look at it through a more humane lens. The shift in commercial modelling to make COVID-19 coverage free was really important as audiences seek accuracy, truth and insight, he said; media organisations and brands must be seen to be going into the breach and not being overly commercial.

Advice for the C-suite

Altman then turned to Alison Harbert, Head of Client Marketing at Investec
to ask how she was advising clients in the current climate. The silver lining, she said, was that it had made Investec “think about who we are actually trying to help and what are we trying to help them with…what we can do that’s really relevant to them.” She also stressed the importance of moving at the right speed in the ever-changing situation.

When questioned about the legacy changes that will stay with us around homeworking, Harbert said that despite the fact we may run back to the office the moment the doors open, she hopes the time away has proved that this can work. “I think, as a human race, that this is forcing us to do some good stuff that maybe we should have done earlier.”

Altman asked Janet Balis, Global Advisory Leader for Media and Entertainment at EY, what advice she was giving to CMOs navigating the current crisis. Balis emphasised three points. “Strike the right brand voice and tone. And I think it starts with the word empathy… expressing a vulnerability in the face of an invisible force that’s larger than all of us.”

Secondly, she said while we often talk about storytelling, what’s important now is how that manifests itself with customers: “Your brand is only as good as your experience.” Finally, this is the “moment to really lean into very agile messaging and much better teaming collaboration,” she said, enabling brands to successfully change messaging at any given time.

Balis said she was now starting to see companies moving out of the initial triage moment of enterprise resiliency and looking forward – what she described as “the now, the next and beyond.”

Fake news still a threat

Addressing questions from the audience about fake news, Altman asked Stevan Randjelovic, Director of Brand Safety & Digital Risk EMEA, Group M, what he recommended. Randjelovic’s advice was firstly to invest in trusted news outlets. He also recommended human vetting of smaller regional or local publishers; using third party verification companies; and, most importantly, constantly monitoring where campaigns are delivering.

Harriet Kingaby, Co-founder of the Conscious Advertising Network, highlighted the human impact of fake news: “We talk very much about human safety as opposed to brand safety because we see that the decisions that advertisers make actually have impacts in the real world.” She cited a recent Newsworks report showing how advertisers pulling money from hard news outlets in times of crisis can cause real problems and encourage the rise of fake news.

How can brands market responsibly during crisis?

Altman’s next question, for Jack Dyson, Global Head of Content Strategy, SAP Customer Experience, was whether brands can continue to market during this time.

Dyson talked about the importance of going back to your brand values and brand purpose, and examining all of your actions through that lens to ensure you’re dealing with customers in the right way. He stressed the importance of tone, and why ‘It’s not what you say, it’s how you say it’ is absolutely critical now. All advertisers needed to do “a sense check that the right message is coming across to the right people in the right way and to the right audience, but also with the right cadence,” he said.

Time’s Douglas believes we’ll see a permanent change in how brands are looking to engage with audiences. “Pre-COVID, we were talking about a different form of capitalism, which means putting brand values front and centre.” He believes that it is the brands “working with genuine motive,’ and guiding people through the current crisis – such as McLaren developing protective wear or Louis Vuitton creating hand sanitisers – that will be remembered when we come out the other side.

Alex Delamain, President of The World Media Group and SVP Head of Sales & Client Services EMEA, The Economist, wrapped up the webinar with her key takes outs:

  1. It all starts with humanity. As publishers, we have a huge responsibility to be helpful and generous in this time of crisis.
  2. Brands must strike the right tone – empathy and compassion is key.
  3. Brands need to be connected with their customers through partnerships, relationships and ‘companionship’.
  4. Brands need to be much more agile – traditional digital transformation needs to move much faster.
  5. Brand purpose really comes into play now – we have to look at everything through that filter to ensure authenticity.

Closing on a positive note, Delamain reiterated Balis’s point: “We’re in the now, but there’s the next, and beyond. As brands, it’s really important that we start thinking about life after COVID-19 because it will come.”

Belinda Barker
World Media Group Director

Here is a wonderful section captured at the end of the WMG webinar when each of the panellists shared their very personal views on what has surprised them the most (in business and human behaviour) about what has happened since the Covid-19 pandemic began.

The overriding feeling was that there has been an amazing sense of community, an underlying positivity which has brought everyone together.  The world has got smaller and become a united force.  That can’t be a bad thing.

Please click on this image for the panellists final thoughts:

Panellists from L-R:

Top: Emma Winchurch-Beale, International Sales Director, Washington Post; Stevan Randjelovic, Director Brand Safety, Group M; Janet Balis, Global Advisory Leader, EY Advisory; Johanna Mayer-Jones, SVP of Partnerships, The Atlantic

Middle: Denise Turner, Insight Director, Newsworks; Alex Altman, Global Client President, Wavemaker; Jack Dyson, Global Head of Content Strategy, SAP Customer Experience; Damian Douglas, Managing Director EMEA, Time

Bottom: Alison Harbert, Head of Client Marketing, Investec; Harriet Kingaby, Co-founder, Conscious Advertising Network; Alex Delamain, SVP Head of Sales & Client Services EMEA, The Economist

To view the entire webinar, please go to: https://wmg.wavecast.io/working-with-trusted-media-in-times-of-crisis/live

Fake news surrounds us. To an extent, it always has: propaganda, misinformation and lies are as old as language itself. But the rise of technology, the power and influence wielded by the internet, by social media, has meant that fakery has become more sophisticated, more widespread and more damaging to trust in the media than ever before.

The concept of journalism is founded on truth and impartiality. But when those founding principles have perceivably been brought into disrepute, whether deserved or not, media companies and outlets must act.

The World Media Group kicked off its 2020 events calendar with a session looking at this subject, and asking: what are the implications of fake news, for journalism and advertising, and what can news organisations do to counter the public’s growing disaffection with the media?

The session was chaired by Sarah Thorpe, managing director, Europe at The New York Times, who kicked off proceedings asking panellists to try to define the sometimes nebulous term.

Fake news: nothing new

“Fake news has been in existence as long as news has been in existence, in very varying degrees whether through bias, opinion or downright manipulation of information,” said Phillipa Leighton-Jones, editorial director, innovation at The Wall Street Journal.

“What’s changed is the velocity and sophistication of the tools available, which is in many cases playing into an increasingly polarised political environment. [Fake news] could conceivably mean everything from the most sophisticated deep-fake to someone not being honest about where their information has come from in an otherwise respected newspaper.

For Anne McElvoy, senior editor and head of Economist Radio at The Economist, fake news boils down to motivation. “Fake news has to be about the intention to distort or deceive,” she said. “If that’s not the intention then it’s not fake news. We should also be aware that the media is capable of committing fake news without meaning to. It’s something we have to transparent about. What do we do when we screw up?”

Mary Wilkinson, head of editorial content at BBC Global News, cited a Reuters report from last year that “showed that in the UK alone, trust in news has dropped from 55% in 2015 to just 40% last year”.

“So I think as a reputable broadcaster, we need to do our utmost to ensure truth stands out from the crowd and that people know there are places to go to for accurate and impartial information.”

Hazel Baker, global head of UGC news gathering at Reuters, hates the term ‘fake news’. “It’s so broad, it’s ill-defined and tells you nothing,” she said. “It’s been used by politicians and members of the public. I think categorisation is really important when it comes to actually assessing problems and understanding. The broad categories in fake news are misinformation – the spreading of false information – and disinformation – the deliberate spreading of false information.”

Undermining advertiser trust

As a cultural malaise, fake news has worrying implications for brands and their relationship with media owners.

“The net impact is that often advertisers don’t know where to go,” said Leighton-Jones. “In some cases this has led to instances of ‘blacklisting’, where advertisers won’t place ads against key words such as ‘Trump’. It’s a crude measure.

“Overall, what that loss of confidence among advertisers could mean for media at large is less funding for quality journalism, which costs a lot of money to make.”

Wilkinson concurred. “I think it’s in the interests of advertisers where their ads are going to be,” she said. “Subscriptions are rapidly growing, but good quality journalism is still dependent on advertiser revenue. I would buy direct, you don’t always have to go via the advertising platforms.”

Reining in anti-social media

The degree of power and the influence wielded by social platforms is having a detrimental effect on reporting, according to Alex Wood, Europe editor at Forbes, who argued that journalism needed to retain its historically more considered approach to the gathering and dissemination of information.

“It’s about slowing down,” he said. “We’re becoming obsessed with the clicks – the race to get into Google News is a race to the bottom.”

It’s a point that resonated with all the panelists, the consensus being that greater regulation governing online platforms was of paramount importance.

Wood in particular welcomed this month’s news that Ofcom will be given greater powers over social media, which will force them to act over harmful or overtly erroneous content.

The “idea that they don’t have the same responsibilities as publishers” is a massive concern, he said. “When they have the capacity to change opinion and change the world, they have to abide by the same standards. The game is really up for platforms. This idea that they can pretend they don’t have the same responsibilities as a publisher is wildly dated. When you think of the capacity they have to influence opinion and to change the world, I think they have to behave in the same way, to the same standards.”

In the main, standards among news organisations are as high as they have ever been. But in order to combat public scepticism  – and to reassure advertisers – communicating that fact has become crucial.

Accordingly, the BBC has a public-facing website that “covers everything from misinformation to disinformation, debunking rumours and theories doing the rounds on social media”, Wilkinson said.

The truth will out

Meanwhile, the broadcaster last year convened the Trusted News Summit. “We’re now working with a number of partners because no one publisher can do this on their own,” she said. “It includes the FT, Facebook, Google, Reuters, AFP, where we’re going to try and set up an early warning system because in certain situations, particularly in developing or new democracies, disinformation is actively dangerous.

“We’re trying to establish a framework where one publisher can alert everyone else and the tech platforms and hopefully nip things in the bud before they go completely viral.”

Wilkinson is optimistic about the future.

“On polarising subjects, there’ll always be people who believe what they want to believe. But there will be subjects where they will need to know the facts, and if those publications have a track record of being accurate and impartial, they will turn to those outlets. The antidote to all this is keep on doing very good journalism, explain your methods and when you make mistakes, admit them, and hopefully the truth will out.”

Belinda Barker
World Media Group

Photos: Jane Clipston

Many World Media Group members were at the World Economic Forum in Davos last week to discuss the global, regional and industry issues affecting business leaders today. Here are some of the key takeaways, as observed by Katya Ionova, Creative Director, UK & EMEA, Business Insider and Damian Douglas, Managing Director, EMEA, Time.

Youth Power

Although the average demographic of attendees at Davos is aged 52-54 for men and aged 49 for women, the question of how we can support the younger generation was a critical theme that ran across many areas of discussion. Concerns ranging from the kind of planet we’re passing on, to the lack of funding for the global mental health epidemic that’s affecting the younger generation were high on the agenda. Greta Thunberg wasn’t the only young voice to be heard this year – 10 teenage activists from all over the world were invited along to encourage collaboration between generations.

Sustainability

Environmental risks, renewed commitments to sustainability, carbon-neutrality pledges, the circular economy and financing a sustainable future were all big themes and more CEOs were seen wearing the SDG pin. The message was clear: we have less than a decade to act, so maintaining the status quo or ‘business as usual’ is no longer acceptable.

Stakeholder Capitalism

The growth of stakeholder capitalism was a frequent discussion point. Companies can no longer serve only their shareholders but must consider all stakeholders, using business as a platform for change to address the environmental and societal issues that matter most to today’s employees and consumers.

Transformation

The Fourth Industrial Revolution and technology such as AI, driverless cars and the IoT formed the basis of many discussions around digital, organisational and societal transformation. The transformation of people was another important theme, from supporting mental health issues to unlocking the potential of human capital.

Brands as Content Creators

A packed fringe agenda featured events from brands such as Accenture, who produced a daily live show. Bank of America, EY and Refinitiv used their social and digital channels to deliver lively content throughout the week. Many World Media Group members led with a content agenda, such as The Wall Street Journal, which hosted The Journal House again, curating discussions on topics aligned to the seven themes of the main agenda. Media newcomers included Condé Nast’s Vogue, which hosted a networking nightcap in Davos House.

Purpose-Driven Marketing

Will we see Davos’ ‘Youth Activism’ theme translate into purpose-driven marketing campaigns? If previous years are anything to go by, they will trickle down from CEO to the rest of the boardroom and start to manifest in 9-12 months. Two years ago, the themes at Davos were around Women, Gender, Diversity and Equality; it’s no coincidence, then, that we saw an increase in DNI campaigns at Cannes last year. We predict that we’ll start seeing Gen Z-centric creative at Cannes in 2021.

Finally, we couldn’t sign off without mentioning the best-branded swag at the event! Every year, Zurich Insurance provides blue woolly hats and they were everywhere – even featured on posters for the Zurich-sponsored airport WiFi. Zurich gave out 13,000 hats this year and pledged to plant 13,000 trees. It goes to show that merchandise can still be an effective marketing tool if it’s a) useful, b) on-brand, and c) entirely fitting for the environment it’s being shared in.

The World Media Group was privileged to be a Partner alongside the CIM, Bloomberg LP and EI Advisory in the recent inaugural and hugely successful CIM Financial Marketing Leaders Summit.

This was a fantastic day filled with great discussion and many topics were explored including challenges of ‘Modern B2B Marketing’, ‘Answering the Question of ROI’, ‘Embracing Disruption’, ‘Is Digital Dead?’ and ‘the Future of Media’ to name but a few. It was a day built on collaboration between peers within Financial Services Marketing as well as across the media-agency/advisory-corporate ecosystem. There were a number of interactive panels and roundtables and all attendees were certainly given the opportunity to air their challenges, exchange ideas and run with innovative thoughts.

For more information on this event or other CIM events please go to https://www.cim.co.uk/events/financial-services-marketing-leaders-summit/

The World Media Group and The Internationals hosted a brilliant breakfast briefing this morning at Bloomberg, Paris where a panel of editorial experts looked to the future and predicted what will be happening around the globe in 2020.

It was a fascinating session where our expert panel highlighted key trends to focus on including world politics, sustainability and populism to name but a few.

The morning was a great success – a combination of fantastic speakers, innovative content and a good turn out.

WMG hosted our Cannes Wrap 2019 this week. It was a hugely enlightening and insightful panel discussion about the key themes and ideas that arose from Cannes Lions 2019. 

Our panel was: Chair; Alex Delamain, SVP, Head of Sales & Client Services, EMEA, The Economist; Alex Altman, President, Global Client Operations, Wavemaker; Alison Harbert, Head of Marketing & Branding, EMEA, Nomura; Johanna Mayer Jones, SVP Partnerships, The Atlantic; Joe Mayes, Brexit & Media Reporter, Bloomberg; Will Nicholson, Founding Partner, The Vision Network; Vanessa Pymble, Head of Global Marketing, Edelman.

Detailed below are the main topics of discussion:

Thoughts from Cannes

  • The pendulum has to some extent swung away from the idea that ‘data is king’, and that at Cannes there was recognition that while smart use of audience data is important,  that  ‘human experience’, trust and engagement were of at least equal value.
  • Purpose – seemed to be the key word of Cannes – brands must be seen to have specific purpose. 
  • Social good was another key theme but it needed to go beyond simply social good and strive towards actual government policy change.
  • After a drop in attendance in 2018, 2019 seemed busier although there was concern within the panel that there was more focus on American work and less international work was shared.
  • Cannes 2019 was described as the year of ‘Business Consultancy’ 
  • It was suggested that marketeers by continuing to spend ad budget on social media are either consciously or unconsciously accepting that their advertising is facilitating social media channels to host ‘fake news / damaging content’.  Only by advertisers withdrawing ad funding will they force the social media to clean up their act.
  • All of the panellists attended Cannes but only half actually went to the main Palais.  Alex Altman recommended that all attendees should spend at least 2hrs at the Palais looking at the creative work, as a source of inspiration for the coming year.  

Looking towards Cannes 2020

  • It was felt that Cannes is split into 2 halves – ‘creative’ and data.  The organisers need to work to bring the 2 halves together.
  • The panel felt strongly that Cannes needs to be more environmentally friendly and diverse and that the infrastructure is not set up adequately.
  • Social media platforms need to be held to account – Have they delivered on their promises to clean up their act?
  • It was suggested that there are just too many Cannes Awards so less awards and more clarity would be beneficial.
  • It was suggested that companies should consider sending more of the young up and coming staff – as an inspiration, as well as their senior exec team.

Photo Credit: Jane Clipston

A fantastic, insightful event hosted by The World Media Group last week – our Masterclass in Storytelling.  An expert panel presented winning case studies from our recent 2019 World Media Awards – these included campaigns from Audi, Deutsche Bank and Formula 1.

Panel from l to r: Sarah Thomas, Accenture; Katie Cook, Wavemaker; Christoph Woermann, Deutsche Bank; Adam Nunn, PHD Media and Alex Delamain, The Economist.  The panel was chaired by Johanna Krantz from Thomson Reuters.

The Impact of Voice & Sound : the audio web is still in the 90s

 

The audio internet, whether that’s voice-activated devices powered by machine learning AI or journalistic podcasts, is at an equivalent stage of development as the World Wide Web in the mid-90s.  This was the point that resonated most sonorously with panellists at a World Media Group Briefing this week entitled The Impact of Voice & Sound.

 

It was an assertion starkly illustrated by Brenda Salinas, who works on news partnerships at Google.  Salinas showed the audience an image of The Washington Post‘s homepage in 1996 — primitive and clumsy by today’s design standards.  “I think in terms of the audio internet, this is where we are,” she said. “It’s a very nascent technology but it has a lot of potential.”

 

Salinas’s point was echoed by Nate Lanxon, technology editor at Bloomberg, who talked about how in the mid-90s, meta-tagging helped make online content searchable, but in a very rudimentary way. “That’s where we’re at with podcasts today,” he said.

 

Elevating journalism

But while there was a consensus that audio technology is fledgling, there was also enthusiasm about the opportunities it already provided.  Sebastian Tomich, global head of advertising at The New York Times, explained how award-winning journalism had been augmented by an embrace of audio. The newspaper’s The Daily podcast is often the number two ranking podcast in the world.

 

The publisher has also been experimenting with more unusual ways that audio can complement print journalism. This saw it create an “audiozine”, a sonic magazine that introduced listeners to sounds they would never experience in real life, sending listeners on an audio voyage featuring, among other things, laughing rats.

 

Audio proliferation

Event chair Clancy Childs, chief product and technology officer at Dow Jones Professional Information, explained that the “amount of audio-friendly content is multiplying minute by minute” and asked: what are the implications for publishers and brands?

 

For Jeremy Pounder, futures director at Mindshare, the launch of Amazon Echo in the UK, “represented a quite fundamental break in how people interact with tech”.  “We felt that voice and talking to something with a seemingly human voice speaking back, it was a new type of interaction that we’ve not seen in society before,” he added.

 

Experiments conducted alongside research firm Neuro-Insight saw Mindshare discover that sound outperforms text in terms of “cognitive load” on someone’s brain. “When voice works well, it’s a very streamlined way to achieve a task. With text, there’s more going on, with the brain having to work out what’s the important information it’s looking for.”

 

Ethical barriers

But there are ethical concerns too. “One of the biggest is that voice might reinforce gender stereotypes,” he said.  Such as that older men tend to prefer the AI voice of young women, reflecting an increasingly outmoded, patriarchal attitude. “Do brands want to tap into that or take a more progressive stance and challenge some of those stereotypes?”

 

Sonic branding

The session also looked into how music could play a part in a customer’s experience of a brand.   Hamish Goulding, head of global brand strategy and creative at HSBC, explained how the bank’s journey into creating a sonic brand saw it recruit the talents of musician Jean-Michel Jarre.

 

Jarre produced seven tracks, from a string-led orchestral movement and synth-driven alternative, to a mnemonic jingle. The creation of a sound palette has been applied at HSBC’s physical events, in branches to identify when a cashier is ready, in ads, in content and even as a more palatable form of lift music.

 

“Don’t try to be international, try to be universal,” was Jarre’s advice to HSBC.

 

Growing pains

Yet audio technology is still lacking universal appeal, with some panellists expressing doubts, mostly hinged on its infancy.

 

Bloomberg’s Lanxon questioned the genuine usefulness of voice-activated tech as it stands, arguing it is “reminiscent of telephone message trees, because you still have to wait for polite responses before you can comment”.

 

HSBC’s Goulding had more sobering concerns over security and the intrusiveness of voice-activated devices, calling for greater rigour in voice identification, “so you know which customer is which”.

 

But Mindshare’s Pounder outlined a major challenge for publishers and worries around the sheer might of the tech giants —”the trade-off, the distribution of content to the biggest audience possible and the loss of control”.  “I guess the issue for many publishers is that it’s difficult to get people to come to you directly unless you’re a brand of a certain scale,” he said.

Photo: L-R Clancy Childs, Hamish Goulding, Jeremy Pounder, Nate Lanxon, Brenda Salinas, Sebastian Tomich

Alex Delamain, President of the World Media Group (WMG) and SVP, Head of Client Sales and Services at The Economist, reports back on the key themes from the WMG ‘Journalism 2020 Breakfast Briefing’ featuring a panel of senior media experts and journalists discussing the future of media and journalism in a world of ‘Fake News’.

‘Fake News’. We all hate the term but the issue is going nowhere as darker forces continue to get paid for creating it for commercial or subversive means. Yet, panellist Tom Standage, Deputy Editor & Head of Digital Strategy at The Economist pointed out that ‘Fake News’ is by no means a new phenomenon.
‘Fake News’ is not a modern day problem.

He believes it goes back to the early days of the printing press when, if you had nothing to print, you would dust off an old pamphlet about a witch trial or terrible disaster, change the names and locations and print it. It was essentially rubbish, but people loved to read these stories and it kept your press busy.
The big change came when the first daily newssheets were set up in the 18th century. The owners realised they had to convince people that they were reliable and trustworthy if they were to get them to buy their paper every day. These fledgling media brands worked hard to build their reputations and credibility. It was the beginning of trusted journalism as we know it today.

The return to ‘Fake News’ has been driven by the internet’s disaggregation of newspapers. Today, the provenance of a story can be impossible to find. You click on a link on social media and get taken to somewhere that looks like a news site to see a story and are unlikely to ever go back there again – so we’re back to the days of the pamphleteers who pumped out content to make money and didn’t care about getting you to return.

Quality journalism is essential for society
Clearly it’s worrying, but the panel agreed that it has led to the big media brands focusing more than ever on quality journalism. Hayley Romer, Chief Revenue Officer and Publisher at The Atlantic, believes that this is not just for commercial reasons but because the sustainability of trusted journalism is paramount to society. For instance, without it people would not have exposure to topics like climate change and so there would be no behaviour change.

Bénédicte Autret, Head of Strategic Relations at Google concurs, explaining that this was why Google is providing publishers with tools. Obviously, as a search engine they rely on good quality information, but also they believe they are part of the same ecosystem and as such have a duty of care to quality journalism.

The importance of education around the value of journalism
Autret also believes that it’s important to show consumers that good journalism comes at a cost. Phillipa Leighton-Jones, Editorial Director Innovation at The Wall Street Journal, commented that the big media brands need to do more than ever to educate the public about what the media does and how to know who to trust. For instance, with an increasing number of state-owned media channels coming into play, such as the Chinese Global Television Network, Russia Today and Al Jazeera, it’s important that consumers understand the context and implications of where their news comes from.

It’s not only important to educate consumers about the media, though, according to Medhi Benchelah, Senior Project Officer, Division of Freedom & Media at UNESCO. He explained how, as part of the UN’s Plan of Action on the Safety of Journalists, it is important to train national security forces about how and why they should respect and understand journalists. Yet, for those that worked for previously totalitarian regimes this requires a huge cultural shift as journalists were viewed as the enemy before.
Corporate brands apply journalistic rigour but, for quality media brands, church and state remain sacrosanct.

It was heartening to hear from Kunal Dutta, Chief Editor of Digital Channels at Shell talking about the factual rigour being applied to corporate content too. His team members all have journalistic backgrounds which means they take a journalistic approach to information inside the business. They apply strict checks and balances to all their stories and truth always outweighs marketing messages.
However, the panel agreed that there were still strict guidelines delineating ‘church and state’ (i.e. commercial teams versus news rooms). That said, innovation is leading to more ‘bridge roles’ between the two. Creation of products requires input from both sides of the wall, but new products and closer ties with corporate news rooms will never be at the expense of their brand integrity.

Innovation must align with core brand values
Interestingly, Alex Wood, Europe Editor at Forbes believes students and cub journalists are much more commercially aware right from the start, which he thinks will be a catalyst for innovation. Dutta said that journalists should not just be thinking about how to develop a great story or podcast but look at what innovations they can use to tell a richer story – suggesting that what delivers the news could become just as important as the news itself.

AI (artificial intelligence) was seen as the most exciting innovation at the moment, providing huge opportunities for new products through its ability to delve deeply into information and also its ability to score quality journalism and monitor ‘Fake News’. However, as Standage pointed out, innovation has to be measured with a yardstick that is bigger than revenue alone. It must be in line with core brand values and do what your audience wants you to do.

https://mediatel.co.uk/newsline/2019/02/28/the-adaptation-and-reinvention-of-journalism/

Alex Delamain is President of the World Media Group (WMG) and SVP, Head of Client Sales and Services at The Economist

Photo: From L-R Hayley Romer, Alex Wood, Bénédicte Autret, Kunal Dutta, Phillipa Leighton-Jones, Tom Standage
Photo Credit: Jane Clipston