Cleaning Up by Cleaning Up

Post by: Russell Perkins, ICG

Russell Perkins, ICG

Selling publicly available SEC data consists as a challenge and an opportunity that exists in many public datasets today. Yup, get it free from the SEC, or buy it through Equilar. How does that work?

As data publishers well know, an approach like this usually doesn’t work, unless you find a way to add value. Equilar, a $20+ million data publisher managed to do this, in spades. Equilar deals in executive compensation benchmarking data, where making it comparable and getting the data right is the basis for an incredible business, and getting it wrong is the basis for going out of business. 

 Read more here.

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Learn more about Data and Content  through the following activities and upcoming events:

Copyright for Publishers Event Summary

During the March 12 Copyright for Publishers event, Dan Duncan, Sr. Director, Government Affairs at The McGraw-Hill Companies and Keith Kupferschmid, General Counsel and SVP, Intellectual Property Policy & Enforcement at SIIA, discussed the Copyright and Anti-Piracy agenda that is currently impacting companies and what to expect to arise in 2013.

During the session, the speakers focused on the why and where of numerous activities, from creating new exceptions to copyright in the U.S. and abroad, to restrictions on the freedom to license, and an increasing number of mass digitization and research efforts by that may signal a major shift on exactly what copyright law will protect in years to come and may require content providers to rethink their future business plans.

Presenters:Dan Duncan

  •  Dan Duncan, Sr. Director, Government
  • Affairs, The McGraw-Hill Companies

 

 

Keith Kupferschmid

 Keith Kupferschmid, General Counsel
 and SVP, Intellectual Property Policy
 & Enforcement, SIIA

 

 

The full on demand recording of the Copyrights for Publishers session is now available.

 

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Learn more about Copyright and licensing through the following activities and upcoming events:

Summary of the Data Bootcamp for Publishers

 

Russell Perkins, ICG

During the Data Content Boot Camp, Russell Perkins, Founder & Managing Director at InfoCommerce Group, Inc. discussed how organizations can maximize data content opportunities through an understanding of data basics: What is Data? Why is Data important? Whether Data is important for your business? Where Data comes from? And which Organizations are suited to be in the Data Business?During the session, Russel Perkins provided a great introduction for anyone interested in data and how to build high-value data products. He also offerd insights on how organizations can turn data into content, how it impacts their publishing business, and how they can leverage data to create new products.

The full recording of the Data Content Bootcamp session is available here.

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Learn more about Data and Content  through the following activities and upcoming events:

 

Public Sector Innovation Roundup

Momentum growing to revise federal budget process: There’s a move afoot to forego the annual budget process and replace it with a biennial budget process that would require the President to submit a new budget request at the beginning of each Congress. Backers of the idea believe it will give lawmakers more time to focus on oversight and policy areas of interest, without constantly worrying about budget deadlines. Rep. Joe Wilson (R-SC) has introduced a bill on budget reform in the House, while Sens. Jeanne Shaheen (D-NH) and Johnny Isakson (R-GA) have one in the Senate. The Hill points out that while many prominent members of Congress have expressed support for a biennial budget, Appropriators for the most part have opposed the idea. Stay tuned.

Spending on Big Data poised to increase: According to data released by government market research firm Deltek and reported by E-Commerce Times, spending on big data is expected to increase significantly between FY 2012 and 2017 as agencies try to figure out the best ways to leverage and analyze the massive amount of data collected by government. According to Deltek, the federal government spent about $4.9 billion on big data in FY 2012 and that number is expected to grow to $5.7 billion in 2014 and to $7.2 billion by 2017. Well it’s not expected that this will be new spending, but rather the redirecting of spending from other IT areas, the compound annual growth rate of 8.2% is significant when compared to declining budgets in other areas. See the E-Commerce Times story here.

Former VA CIO Roger Baker joins Agilex: Roger Baker, the former CIO at the Department of Veterans Affairs joined Agilex, a Virginia-based mobility and technology solutions provider. Baker began his job as Chief Strategy Officer on April 1st and is expected to work to improve client service to existing Agilex customers as well as build the Agilex brand elsewhere in the federal market. At VA ,Baker led a $3.3 billion IT organization with more than 7,500 employees and has long been considered a respected leader in the federal IT space. Agilex has plans to grow from its current size to a $1 billion company over the next decade. Read Agilex’s press release.

Keegan to be acting NASA CIO: With the retirement of NASA CIO Linda Cureton on April 3rd, Richard Keegan, NASA’s Associate Deputy Administrator will step in as acting CIO until a permanent replacement is named. Keegan is an experienced federal employee who has been NASA Associate Deputy Administrator since 2010 and started his federal government career 1980. FCW has more including speculation on who might be in-line to take over as CIO on a permanent basis.

Coalfire announces Coalfire Federal to assess Federal cloud environments: Coalfire, one of the 16 certified FedRAMP 3rd Party Assessment Organizations or 3PAOS announced the formation of Coalfire Federal this week, designed to address the specific needs of agencies and government contractors as a result of FISMA and FedRAMP. Read more from Coalfire’s press release.


Michael Hettinger is VP for the Public Sector Innovation Group (PSIG) at SIIA. Follow his PSIG tweets at @SIIAPSIG. Sign up for the Public Sector Innovation Roundup email newsletter for weekly updates.

Membership programs score runs for publishers

Newspapers are getting into the membership business now. The Orange County Register approached the Anaheim Angels baseball team “with the idea of better using the empty seats the Angels couldn’t sell.” This comes from an article on the Nieman Journalism Lab site forwarded by Lindsay Konzak of Modern Distribution Management. “The Angels found themselves sitting on almost 600,000 empty seats last year over 81 games,” writes Ken Doctor. “Put another 7,000 butts in those seats each night, even without getting paid for the ticket, and the club is pulling in another 10 bucks or so on Chronic Tacos, garlic fries, and overpriced Corona.” ($10 seems light.)

This goes along with a conversation I just had with Valerie Voci, vice president, marketing, for CQ Roll Call, and a track chair for the upcoming SIPA 2013 Conference. Valerie has been at the forefront of new marketing ideas and technologies for many years now, first at The Washington Post when they began their online venture and later in specialized publishing. I could not write fast enough for all the good things she was saying. Her audience engagement track should be amazing; don’t miss it!

Like others, CQ Roll Call wants to attract audience to their site, and, of course, keep them there. For Voci, that’s when the real selling starts. “Inbound marketing not outbound has to be the future,” she said. “The technology is there. It’s too difficult to keep doing outbound marketing; it doesn’t end. People are out there on apps looking for exactly what we have, and we have to be really smart about capturing them.”

It’s a bit like the Angels; get them into our seats and then we can open them up to everything we do. The tickets are available to the Register’s 124,000 seven-day subscribers, beginning 72 hours before each game. “Forty-eight hours before the game, the Angels, through Ticketmaster, release available seats. Register Connect buyers can nab four tickets, for a service charge of $5.”

Are you doing memberships? “We offer company-wide memberships…and do not sell one-off services, with the exception of event services,” Nancy Brand, director of operations at Chartwell in Atlanta, wrote to me this week. They may not be giving away Braves tickets, but they have summits, webinars, sponsorships, unique data and other great benefits for the utilities that they serve.

“In 2012, membership sales (company-wide, not individual) increased as well as webinar participation,” Brand wrote. “We also hosted our largest conference and tradeshow in October in San Diego last year, the 15th annual event. Furthermore, we had the largest summit ever in November with 100+ registrants, about 65% more than our previous record-holder.”

Whereas Brand says that they still see their best returns through email, Voci is looking for other ways to reach their audience. “People are being bombarded [with email],” she says. “How else can we best reach people, how do I engage them?” One way has been through blogs. They just created six new blogs, and she emphasizes that they are not just a young person’s thing. One of their new blogs is by well-known commentator Mort Kondracke.

“We’re looking to execute at scale,” Eric Spitz, president of Freedom Communications, owner of the Register, told Nieman. He adds that lots of membership perks are good, but few are likely to move the needle of buying and retention. Doctor believes that the ticket program is “that touch of likely brilliance. It is a scale play—and one I’ve been looking for as I’ve heard about the various membership initiatives rolled out over the last two years.”

“…For your $400 a year, we’re going to deliver you far more than $400 in value,” Spitz says. Doctor adds that Spitz “underlin[es] the allure of ‘membership.’ Register Connect also includes a key fob to facilitate greater use.” Why not? Include your own key fob, and your “members” can have CVS, Safeway, Rite Aid and [their favorite publisher] on their key chain. Why can’t that be you? Come to the SIPA 2013 Conference and find out how.


Ronn LevineRonn Levine began his career as a reporter for The Washington Post and has won numerous writing and publications awards since. Most recently, he spent 12 years at the Newspaper Association of America covering a variety of topics before joining SIPA in 2009 as managing editor. Follow Ronn on Twitter at @SIPAOnline

Thanks for Making the Vision K-20 Survey a Success!

The Vision K-20 Survey comes to a close today and SIIA could not have had another successful survey launch without the help of our partners. We are on track to match or exceed last year’s all time high of 1600 respondents. This year we have also opened up the survey to international educators to see how educators around the world rate themselves on the Vision K-20 technology goals.

Our major partner in the Vision K-20 Survey project this year has been MMS Education. They have helped us host, analyze, and present the results of the survey. The team at MMS has been a great benefit to this project.

Key development partner Sue Collins of CollinsConsults has provided guidance and industry expertise to the development of the survey. She has also played a big role in report writing and presentations at various industry events.

Stay tuned for a NEW version of the Vision K-20 Survey later this month! We are launching a BETA version that improves upon the current survey and will allow for more detailed and accurate results. With all of the new developments SIIA and our partners hope to provide more information in more meaningful ways to our members and the ed tech industry on the whole.

A big thanks to our promotional partners who have helped us spread the word about this important survey: Campus Technology, CoSN, Curriki, Digital Learning Day, District Administration, eCampusNews, edWeb, eSchoolNews, Global SchoolNet, ISTE, iPoPP, NISOD, SmartBrief, SXSWedu, TechLearning.com, The Big Deal Book, THE Journal, Today’s Catholic Teacher, University Business, and We The Teachers.

 


Lindsay HarmanLindsay Harman is Market and Policy Analyst for the SIIA Education Division.

‘Title wave’ may reflect breaking down of walls

After attending SIPA’s Marketing Conference in Miami in December, a new member spoke to me about titles. “Last week in many sessions I heard the word ‘editor’ being used. It sounded at first confusing to me as I think of an editor as someone who edits text. But in the SIPA world it seems that an editor is someone who curates content. They may write content, acquire content from others, blog and participate on other social media. Perhaps the term ‘content editor’ may also be accurate for this role. I’ve seen some librarians being referred to as ‘content strategists.’”

Taking a quick look at the SIPA online forum, you find posts from people with varied titles: director, online strategy; VP news and prices; managing editor; editor/vice president; associate editor; publisher; editor and publisher; director of publishing; managing director; SVP, products and content; publisher and chef (a food and health niche); director of operations; CIO; VP/group publisher; and chief content officer. Each company brings their own expectations to their titles.

And that’s not even getting into all the e-media titles. I think what may be behind today’s “title wave” is the new tendency of straddling the fence previously separating editorial and business. In an article on Digiday by Josh Sternberg, Jason Pontin, publisher and editor-in-chief of MIT Technology Review, tries to defend keeping the wall up, yet he clearly makes the point how much better an editor his business dealings are making him.

Guy Cecala, CEO and publisher of Inside Mortgage Finance, oversees everything happening at IMF, though perhaps not as hands-on as Pontin. “I let the people who run their departments do their jobs,” he told me. The wall does still exist there, but in a more practical way. Reporters report and don’t have to worry about the money end, though you do get the sense that they’re keenly aware of the overall products. It’s the marketers who take the lead in putting together special reports and repackaging much of that unique research, data and reporting that gets done. They will also seek insights from the editorial staff. “Everyone believes they are working for the same team.” Cecala said. “It’s a multfaceted business.”

Last summer, Martin Schneider, editor-in-chief and CEO of Exchange Monitor, said that since moving up from editor, his focus has had to change from day-to-day coverage to long-term strategy. “Every day, I’m asking: Where can we position ourselves to grow? How can we best package the information that we gather?” Will writers and marketers—and even sales people—also have to think this way soon?

Maybe they are already. I recall David Foster, CEO of Business Valuation Resources, telling me that they look more for publishers not editors, meaning writers who can do more with the information they write about—develop new products or contribute to others within the company. There may just not be as much time these days for the editors who just edit text. It’s all about the race to be first. If something’s wrong, you go back and fix it later.

Writes Sternberg: “Being a publisher and understanding the business realities has made [Pontin] a better editor.” Wouldn’t this be true for everyone? I believe my knowing what best sells the SIPA 2013 Conference or an upcoming webinar—as the SIPA online forum focused on yesterday—makes me better at what I do.

It doesn’t mean I have to jump the fence and start praising those who attend or sponsor. But it does mean that knowing the realities of today’s business climate should help me in serving SIPA members. Pontin says that working on the business end has made him more interested in audience measurement. “I’m much more focused on the idea of a curve on my wall of where I want the digital audience to be 6-12 months from now, not just in traffic or page views, but in return visits.”

Sounds like a good place for all of us to be, no matter our title.

Subscribe to the SIPAlert Daily for more specialized publishers industry news.


Ronn LevineRonn Levine began his career as a reporter for The Washington Post and has won numerous writing and publications awards since. Most recently, he spent 12 years at the Newspaper Association of America covering a variety of topics before joining SIPA in 2009 as managing editor. Follow Ronn on Twitter at @SIPAOnline