Quebecor Inc. Class A · TSX:QBR.A
Quebecor Inc. Class A — Conference Presentation (November 2006)
54 slides from Quebecor Inc. Class A's conference presentation, November 2006
Slide 1: re) oF
re) oF Pore Se http:/Avww.quebecor.com/NewsCenter/Presentations.aspx
Slide 2: ew ork Cimes
ew ork Cimes
Slide 3: Where are we today?
Where are we today? What What do do readers readers expect expect of of aa paid- Photo: Newspaper Guy, jackhynes flickr.com paid- circulation circulation newspaper newspaper today? today? What What do do they they want want to to read? read? Have Have we we really really asked asked ourselves oursel
Slide 4: Readers have changed
Readers have changed Mobile Mobile Informed Informed Involved Involved In In control control In In demand demand Multi-taskers Multi-taskers Citizens Citizens of of the the world world
Slide 5: Newspaper publishers today must adjust to a radically different news cycle
Newspaper Newspaper publishers publishers today today must must adjust adjust to to aa radically radically different different news news cycle cycle
Slide 6: The news cycle: the way it used to be
The news cycle: the way it used to be Example: Assassination of John F. Kennedy
Slide 7: November 22, 1963
November 22, 1963 12:30 pm: John F. Kennedy is assassinated
Slide 8: Local TV stations announce the news
Source: http://www.youtube.com/watch?v=TpicOfFajNE Local TV stations announce the news 15 minutes later
Slide 9: Radio broadcasts the news
in the afternoon Radio broadcasts the news Source: http://archives.radio-canada.ca/IDC-0-13-53-125-11/desastres_tragedies/john_kennedy_assassinat/
Slide 10: The evening edition prints the news
The evening edition prints the news
Slide 11: Media outlets around the world carry the story off the wire
Media outlets around the world carry the story off the wire the next day
Slide 12: The news cycle today
The news cycle today Example: Shooting at Dawson College
Slide 13: September 13, 2006
September 13, 2006 12:41 pm: Kimveer Gill opens fire at Dawson College
Slide 14: Instantly
Instantly An eyewitness sends cell phone photos to the TV networks and the Internet
Slide 15: 1 hour later: the first blogs are online
1 hour later: the first blogs are online
Slide 16: Blog posts on the Dawson College shooting
Ars Technica 3 Ars OpenForum 3.0b th The Lounge Breaking news: Shooting at Dawson College, Montreal Go ¢ News Finds Rate It! Notify Tools . Reply , 11 probably be in the new soon, or already. | just know a whole bunch of people came screaming into the alleyway outside my Wogredhrpren Quebec find out
Slide 17: Dawson via all media
Dawson via all media People have access to the information within minutes Source: http://www.martinbreton.com/2006/09/13/shooting-at-dawson-college-in-montreal-fusillade-au-dawson- college-a-montreal/
Slide 18: The tragedy is immortalized on Wikipedia
The tragedy is immortalized on Wikipedia
Slide 19: Dawson College shooting Wikipedia entry
& Sign in / create account | atticle | dacussion edit this page = history ' Your consnwed donevons kop Wkpeds uNng’ Te Dawson College shooting From Wikipedia, the tree encyclopedia WIKIPEDIA The Dawson College shooting occurred on September 13, 2006 at Dawson College, a CEGEP in Westmount near downt
Slide 20: A newspaper publisher today must keep up with the revolutionized news cycle or perish
A A newspaper newspaper publisher publisher today today must must keep keep up up with with the the revolutionized revolutionized news news cycle cycle or or perish perish
Slide 21: What people are saying
What people are saying
Slide 22: Unless they urgently respond, newspapers risk early extinction
“Unless they urgently respond to the changing environment, newspapers risk early extinction.” Tom Goldstein, former Dean at Columbia University Graduate School of Journalism, 2006 Annual Report on the State of the News Media
Slide 23: The web has opened the closed world of professional editors
“The web has opened the closed world of professional editors and reporters to anyone with a keyboard and an internet connection.” “Who killed the newspaper?” The Economist, August 24, 2006
Slide 24: The paid-circulation daily is dead
“The paid-circulation daily is dead.” “In my opinion, the daily newspaper, in the sense of a paid-circulation daily, is dead, simply because the Internet has forced print media to become like radio. The newspapers have adopted the radio business model, invented in 1920: the money comes from advertis
Slide 25: Libération under protection for six months
Libération under protection for six months LEMONDE.FR with AFP, October 4, 2006 2005 a rough year for print media July 20, 2006 Wall Street Journal sells its front page July 19, 2006 Financial Times joins the digital revolution July 19, 2006 L’Humanité in the red July 19, 2006 Actupresse.fr
Slide 26: Daily newspapers: a changing industry
Daily newspapers: a changing industry Key Key indicators indicators are are trending trending down: down: ๏๏ Readership Readership ๏๏ Circulation Circulation ๏๏ Number Number of of paid-circulation paid-circulation dailies dailies ๏๏ Revenues Revenues and and stock stock price price
Slide 27: Daily newspapers: readership, the case of France
Daily newspapers: a changing industry Source: Étude et Unité de Recherches de la Presse Quotidienne Nationale (EuroPQN) ๏๏Readership Readership ๏๏The Thecase caseof ofFrance France ๏๏1997 1997to to2003: 2003: ๏๏--National Nationalnewspapers newspaperslost lostnearly nearly800,000 800,000readers, rea
Slide 28: Daily newspapers: readership, the case of the U.S.
Daily newspapers: a changing industry ๏๏Readership Readership Source: MediaMark Research Inc. (MRI), NAA Business and Research The The case case of of the the U.S. U.S. Department, NADbase, Newspaper Audience Database, Spring 2006 ๏๏1995 1995 to to 2005: 2005: --readership readership down down 8% 8%
Slide 29: Daily newspapers: worldwide circulation
Daily newspapers: a changing industry ๏๏Worldwide Worldwide circulation circulation -4% -2% Source: CEM Laval -2% 2000-2004 -11% -7% -5% -15.00% -11.25% -7.50% -3.75% 0.00% Figures Figureshave havebeen beenrounded rounded
Slide 30: Daily newspapers: circulation, the case of the U.S.
Daily newspapers: a changing industry ๏๏ Circulation Circulation The The case case of of the the U.S.: U.S.: -- 2.5% 2.5% in in first first half half of of 2006 2006 Source: Audit Bureau of Circulations, May 2006 -3.7% -5.4% May 2006 0.5% -1.0% 0.1% -5.500% -4.125% -2.750% -1.375% 0.000% 1.375% Aver
Slide 31: Daily newspapers: latest U.S. circulation figures
Daily newspapers: a changing industry The Thelatest latestfigures figuresfrom fromthe theAudit AuditBureau Bureauof ofCirculations Source: Audit Bureau of Circulations, period ended September 30, 2006, daily circulation Circulations (2 (2ndhalf halfof 2006)show of2006) showthethemost mostdramatic dr
Slide 32: Number of daily newspapers in U.S. falling
Daily newspapers: a changing industry Source: Editor and Publisher Yearbook data and U.S. Census Bureau, Census ๏๏ Number Number of of daily daily newspapers newspapers in in U.S. U.S. falling falling Number of dailies Population growth 1,611 1,533 1,480 1,457 2000; 1990 Census Population and Housin
Slide 33: Number of daily newspapers in Canada falling
Daily newspapers: a changing industry Source: Canadian Newspaper Association and Statistics Canada, ๏๏ Number Number of of daily daily newspapers newspapers in in Canada Canada falling falling Number of dailies Population growth 120 108 104 101 Census 1980 1990 2000 2005 Population
Slide 34: Daily circulation of Canadian dailies
Daily newspapers: a changing industry According to the most recent figures from the Audit Bureau of Circulations (2nd half of 2006), the decline in the circulation of Canadian dailies is becoming more pronounced Source: 6-month average, Sept. 06 versus Sept. 05, Audit ๏๏ Daily Daily circulation circ
Slide 35: Mirror, mirror on the wall, which is the ugliest stock of them all?
“Mirror, mirror on the wall, which is the ugliest stock of them all?” A Bad Year for Newspaper Stocks, A Worse Year for the Gray Lady Rick Edmonds, Poynter Researcher and Writer, January 13, 2006
Slide 36: Stock prices plunge
Daily newspapers: a changing industry ๏๏ Stock Stock prices prices plunge plunge Sources: "Newspaper Company Stock Values", Yahoo Finance, Merrill Lynch research. Stock values are rounded to whole dollars and percentage change Washington Post Co -22% Dow Jones Co -25% New York Times Co -47% Compared
Slide 37: Meanwhile, free dailies are making money
Meanwhile, free dailies are making money ๏๏ Key Key indicators indicators trending trending up up ๏๏ Readership Readership ๏๏ Number Number of of free free dailies dailies ๏๏ Advertising Advertising revenues revenues ๏๏ Advent Advent of of evening evening editions editions and and themed themed publ
Slide 38: Free newspapers are also transforming the media landscape in France
“Free newspapers are also transforming the media landscape in France.” In France, the sceptics have definitely been proved wrong. In an earthshaking development, a recent survey of daily newspaper readership showed that the free paper 20 Minutes had overtaken Le Monde. RFI.fr, Delphine Le Goff, Sept
Slide 39: Readership is soaring across the West
Meanwhile, free dailies are making money ๏๏Readership Readership is is soaring soaring across across the the West: West: Source: TNS Global Survey- May and October 2005 and The ๏๏ 2000: 2000: 3.7 3.7 million million readers readers per per day day ๏๏ 2005: 2005: 18.5 18.5 million million readers rea
Slide 40: Readership of free dailies in Montréal
Meanwhile, free dailies are making money Sources: Circulation - ABC, Audit Reports, 6 month period ending in September. ๏๏ Readership Readership of of free free dailies dailies in in Montréal Montréal Weekly readership Readership - NADbank, cumulative weekly readership. 385,800 -6.4% 294,400 + 31.0%
Slide 41: Readership of free dailies in Toronto
Meanwhile, free dailies are making money Sources: Circulation - ABC, Audit Reports, 6-month period ending in September. ๏๏ Readership Readership of of free free dailies dailies in in Toronto Toronto Weekly readership 824,000 -8.6% Readership - NADbank, cumulative weekly readership. 649,600 +26.9% 72
Slide 42: Supply is ballooning
Meanwhile, free dailies are making money Source: TNS Global Survey- May and October 2005, and The Economist, July ๏๏ Supply Supply is is ballooning ballooning ๏๏ 1995: 1995: 11 free free newspaper newspaper in in Stockholm, Stockholm, Sweden Sweden ๏๏ 2006: 2006: 169 169 free free newspapers newspap
Slide 43: Meanwhile, free dailies are making money
Meanwhile, free dailies are making money
Slide 44: Advertising revenues are up
Meanwhile, free dailies are making money Source: Institut de recherche et d’études publicitaires and TNS Media ๏๏Advertising Advertising revenues revenues are are up up ๏๏2004: 2004: free free dailies dailies accounted accounted for for 20% 20% of of commercial commercial advertising advertising in
Slide 45: Second generation of free dailies is already with us
Meanwhile, free dailies are making money ๏๏Second Second generation generation of of free free dailies dailies is is already already with with us us ๏๏ Free Free evening evening papers papers and and free free themed themed papers papers appear appear
Slide 46: More and more people are getting their news from the Internet
Meanwhile, more and more people are getting their news from the Internet Illustration from the Columbus Journalism Review/ Title: The newspaper of the future EXTRA! EXTRA! SURF ALL ABOUT IT!
Slide 47: Traffic on news sites is growing around the world
Meanwhile, more and more people are getting Sources: ComScore, World-wide Ranking Top Web Properties, and MediaMetrix Sept. 2006; their news from the Internet ๏๏Traffic Traffic on on news news sites sites is is growing growing around around the the world world General General interest interest porta
Slide 48: News sites increasingly popular in Canada
Meanwhile, more and more people are getting their news from the Internet Source: comScore Media Metrix, Total Canada All Locations, Sept. 2005-2006 ๏๏News News sites sites increasingly increasingly popular popular in in Canada Canada General-interest portals (unique visitors, in millions) Sept. Sept
Slide 49: New information channels are appearing and growing fast
And it’s not over – new information channels are appearing and are growing fast ๏๏Explosion Explosion of of digital digital media media ๏๏Search Search engines engines want want to to produce produce their their own own content: content: Yahoo Yahoo News, News, Google Google News News ๏๏Citizen-jour
Slide 50: 6% of U.S. adults downloaded podcasts
6% of U.S. adults, or 9 million people, downloaded podcasts during the last 30 days. Nielsen Analytics, July 20, 2006, and The Economics of Podcasting, Nielsen Media Research
Slide 51: Google bought YouTube for US$1.65 billion
On October 10, 2006, Google bought YouTube, the top video hosting site, for US$1.65 billion YouTube broadcasts 100 million videos per day and logs 72 million visitors per month ComScore
Slide 52: Blogs are now profit-making ventures
Not so long ago, blogs were hobbies for the tech-savvy or for conspiracy theorists who had finally found soapboxes from which they could address the world. Today, there are an estimated 50 million blogs on the Internet, so it’s hardly surprising that some have become profit-making ventures. Blogging
Slide 53: The time for action is now: Quebecor's strategies
The time for action is now: Quebecor’s strategies
Slide 54: Radio-Canada.ca archives
Radio-Canada.ca Accueil Version accessible '>>Recherche assistée }30 1940 199 | gt Découvrez les | —— Archives avec la ~~ ligne du temps Personnalités Guerres et conflits Arts et culture Vie et société Désastres et tragédies Sciences et technologies Sports | INDEX DES DOSSIERS INDEX DES CLIPS INDEX