Blade encounters an excellent analysis of the UK’s rather hesitant embrace of blog publishing. It’s by Ashley Norris, former co-founder of early UK blog network Shiny Media, and can be found here at TechCrunch. Its publication neatly coincides with research soon to be unveiled here on Swordplay on Web 2.0 and the professions. Incidentally, Blade also believes that the Times is soon to tackle the thorny topic of whether blogs are of use to the legal professions, so too that Independent Lawyer magazine is shortly to analyze Web 2.0 applications generally and their interaction with the law.
So, Norris’s piece is timely. Given its inherent fidelity to the democratic and collaborative nature of the Web 2.0 world, here at Swordplay we assume that Norris will not object to the republication of his opening two scene-setting paragraphs:
The last five years have seen an explosion in the number of independent commercial blogs, blog networks and websites in the US. The Huffington Post, Sugar Publishing, Perez Hilton, Gawker Media, Engadget - the list goes on forever, and they are just the Web 2.0 premiership. There are thousands of individuals running less high profile blogs and websites who are making a significant living from their work.
In the UK it is a depressingly different story. I have spent the last five years of my life developing Shiny Media, the largest and most successful UK blog network. When I left the company at the end of August it could boast that over four million people each month were either reading or viewing its content. Shiny Media is however one of a handful of independent UK content companies to attract more than a couple of million monthly readers to its sites. There are some amazing blogs and sites out there, Hecklerspray, Anorak, The Spoiler, Coolest Gadgets, Unreality TV and Pocket-Lint spring to mind, but of those only one can claim more than a million monthly readers.
Why, then, the slow uptake? And what of the future? Norris identifies a number of factors to explain why blog publishing here lags behind that in the United States. For starters, he says we shouldn’t forget the limited audience compared to life across the pond: “US sites have at least five times more readers to aim at and that counts for an awful lot when most online advertising is still based around a CPM model (advertisers pay a between 50p-£20 depending on the campaign per thousand people who see their ad).”
More contentiously, he says that lack of imagination in the ad industry is a major problem: “Shiny has been very successful at attracting blue chip brand advertising (Marks and Spencer, Nokia, Dyson, BMW are among the high profile brands who have advertised on its sites). However it has been a long and slow process convincing agencies and brands to advertise on blogs… many brands and their agency planers have chosen to play it safe and will work with established media brands or mega portals like MSN, even when the ads themselves will be seen by a less focussed and often an inappropriate audience. There are signs that this is changing, but the lack of brand advertising on sites like Hecklerspray and Unreality TV really is baffling.”
A third factor, according to Norris, is the lack of UK media entrepreneurs. He makes the nigh on unarguable point that many well-known UK blogs have been written by freelance journalists as a sideline, rather than developed with serious entrepreneurial backing. This is fine so far as it goes, but it might not be very far: “This is ideal for slowly building an audience, but the emphasis is on the word slowly.”
Analogously, Norris cites lack of VC support: “As a rule European VCs don’t tend to be too interested in media unless it is supported by a technological innovation… Conversely organisations like Next New Networks , the closest US equivalent of Shiny, has several VCs on its board and has so far attracted over $23m in funding. Established US media has also worked with independent new media companies too. NBC has equity in Sugar Publishing, another Shiny rival, while The Discovery Channel acquired Treehugger the leading green blog.”
Fifth, Norris says that too much competition could be salient. I.e., readers here are loyal to, rather than mistrustful of, the established media in all its glory.
Last, Norris points the finger at Auntie: “At the risk of sounding like a stuck record the existence of the BBC and its hugely impressive range of online services does make life even more tricky for the independents. Going back to point one there is only a certain number of UK web surfers and as the BBC hoovers up a large percentage of them the slice of the cake for the independents is even smaller. Secondly, the BBC’s reluctance to link to British blogs and smaller independent media organisations, while at the same time endlessly plugging established media groups (Five Live is one long plug for mainstream media brands) makes life even more difficult.”
Swordplay’s White Paper, The Laity Bytes Back?, is in sync with Norris in identifying a significant difference between the US capitalization on new media opportunities as opposed to the UK professions’ conservative stance to date. But as our White Paper argues, the Web 2.0 world isn’t going to go away, and those who seize the moment now are likely to be sitting pretty in years to come. This, indeed, is true despite the credit crunch, and despite a discernible weariness, Norris himself remains optimistic about blog publishing in the UK. For as he concludes:
Finally it is worth adding that the economic downturn might actually provide some interesting opportunities for UK bloggers. Several of the most successful indie websites date from around 2002/2003, a time when mainstream media was pulling out of the web after the dot com crash. It is possible that 2009 will go down as the year in which the third wave of indie media started gaining momentum. Here’s hoping.