Damien Cave talks news media
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Manage episode 218953793 series 2359580
Australian Bureau Chief for the New York Times, Damien Cave, joins the podcast this week to talk news media. We discuss:
- Damien s career to date
- Dealing with disruption and why the music industry has been a model for reference
- Building trust and why the New York Times brand has been so successful through driving journalistic credibility
- How the NYT has adapted its strategy as a global institution, catering for local and international audiences
- Thinking like programmers and how the NYT is changing how its product is delivered, so that its diverse, global audience receives news relevant to them
- NYT s relationship with Facebook, why Damien views it as a frenemy and the broad landscape of news distribution that is competing with Facebook
- How NYT s subscription business model is driving success and change vs advertising business models
- The questions Facebook has raised concerning size and scale, and the implications this has for technology, governance, and society
- The effect disrupting technology has on existing tech, and why it is a preference effect, not a replacement effect
- Fake news in the news industry, and how lowered barriers to entry and perceptions of credibility have dramatically amplified fake news on digital media
- The generational issue relating to fake news and scamming
- Why the solution to fake news needs to be incentivised
- How NYT is experimenting with social and digital media, on the likes of Twitter and Instagram, to Reddit and podcasting
- How NYT is using e-Marketing, as a tool for experimentation with international audiences and as a medium for audience connection and commitment
- The upsides and downsides of the current news media climate and why Damien is more optimistic about the future of news, due to this current era of journalistic freedom and creativity and immediate audience feedback
- The increasing role the NYT and all journalists need to play as arbiters of facts, due to the increase of content and human element required in fact checking
Fantastic and insightful conversation is had into the inner working of the New York Times institution, as well as the news media landscape, from an extremely experienced and knowledgeable practitioner in Damien. Well and truly worth a listen!
Key Links
Damien can be found on LinkedIn and on Twitter.
Click here for New York Times Australia and here for Damien s newsletter.
Damien recommends reading Creativity Inc. by Ed Catmull.
Damien recommends flowing Grumpy Cat, NYT Minus Context, and Maggie Haberman.
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10 episodes