Digital Media and the Newspaper Industry: an Interview with Michael Fogel of Hearst
November 30, 2011 Leave a comment

We recently met Michael Fogel, vice president of technology development at Hearst Newspapers. Hearst is a client of Affinity Express. Using our services to become more efficient and proactive is just one of the ways Hearst is adapting itself to the growing predominance of digital media and the decline in circulation and print ad revenues.
This blog post lays out Mr. Fogel’s views on the newspaper industry and explains how Hearst is riding the wave and leading the industry.
Digital Media Has Disrupted the Newspaper Industry
According to Mr. Fogel, the split in revenues for the newspaper industry used to be 80% advertising and 20% circulation. That was prior to double-digit declines in print revenues.
Not only have print revenues dropped dramatically, but newspapers are struggling to offer online services. Even as news publishers find ways to create and deliver digital products, margins on online services are lower and publishers need higher volumes to compensate.
How Hearst Uses Digital to Its Advantage
Unlike many of its counterparts, Hearst is surviving and even thriving in the digital world. The company was very close to realizing a year-over-year revenue gain in October. To Mr Fogel’s knowledge, no other news publisher can say this. Read more of this post

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