Nokia has announced it will lay off about 4,000 more of its employees by the end of 2012 as it makes changes to its mobile phone factories in Hungary, Mexico and Finland. Read more…

Neowin.net

Today, as part of Safer Internet Day, Xbox Live’s General Manager Alex Garden has written an article talking about how Microsoft is trying to fight Xbox Live accounts from being highjacked. Read more…

Neowin.net

Another web site has posted up even more screenshots and revealed more features in the currently private beta 8220 “consumer preview” of Microsoft’s Windows 8 operating system Read more…

Neowin.net

So what’s the big fuss? The PlayStation Network is getting a name change, right? Not quite – Sony has now confirmed that there’s a little bit more to the story than that. Read more…

Neowin.net

Surveys conducted and sponsored by research firm BTIG suggest that movie viewers might actually spend more money on films, if they were available online or on cable video-on-demand services at the same time as they are available in theaters. The post from BTIG’s Richard Greenfield (free registration required to view) details three different surveys conducted over the last few weeks, which asked respondents to forecast their theatrical and home entertainment spending if windows were to collapse.

All of the surveys leveraged Survey Monkey to poll respondents, but the most complete of the three polled the Survey Monkey Audience (SMA) network, racking up 1,124 responses. About 70 percent of respondents from the SMA survey said their spending on entertainment wouldn’t change if priced in the $ 20-$ 25 range. But while the majority of users predict no change, the number who say they would spend more outnumber those who predict they would spend less by three to one.

According to Greenfield, that group appeared to be price-sensitive and more likely representative of today’s average consumer that respondents from the other surveys. Those who expected to spend more would be doing so because they saw cost savings from concessions and parking outweighing the difference in price and convenience of watching at home. In addition, some respondents suggested that they were unhappy with the current moviegoing experience.

In aggregate, the survey shows that Hollywood studios would likely make more revenue with the collapse of movie windows. More importantly, those sales would come with better margins since they wouldn’t be sharing with exhibitors. The fear seems to be that putting pressure on the theatrical window could cause some exhibitors to go out of business, which would in turn destroy that distribution channel.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

• Q4 Wrap-up: SOPA and the future of digital content
• Connected Consumer 2012: A year of consolidation and integration
• Connected Consumer Q3: Netflix fumbles; Kindle Fire shines

src='http://ads.gigaom.com/show/rss/'
alt=''
border='0'
/>

GigaOM

Microsoft has announced that it has added five more countries (Argentina, Indonesia, Malaysia, Peru, and the Philippines) where apps can be sold via the Windows Phone Marketplace. Read more…

Neowin.net

If there was a bright spot in the latest quarterly results from the New York Times, it’s the fact that the newspaper’s metered paywall has attracted almost 325,000 subscribers willing to pay a monthly fee for the site. Despite all the celebrating from the pro-paywall camp, however, that bright spot was more than overshadowed by the other dark clouds in the numbers — including the fact that print advertising revenue continues to decline, and the paper’s former online jewel About.com got whacked by Google’s algorithm updates. Anyone who takes on the job of CEO at the media company is going to have to start thinking creatively about its business, because all the easy money has already been made.

Although the paywall and related print-subscription deals helped boost circulation revenue by almost 5 percent in the NYT’s media group — which includes the New York Times, the Boston Globe and the International Herald Tribune — and digital advertising revenue was also up by about 5 percent for the quarter, neither of those things were able to compensate for the continued drop-off in print advertising. Print ad revenue fell by almost 8 percent, which helped push the NYT’s fourth-quarter profit down by more than 12 percent, and for the full year the company reported a loss of $ 40 million.

Paywall revenue isn’t even close to making up the gap

The New York Times didn’t provide any helpful charts that would make the reality of this situation more obvious, so one blogger decided to come up with his own. Paul McMorrow, an editor at CommonWealth magazine, put together a chart that shows the contrast between the NYT’s advertising revenue, circulation revenue and its total revenue:

According to newspaper-industry analyst Ken Doctor, the NYT is probably pulling in about $ 86 million or so from its digital paywall — or “metered access,” as the paper likes to call it, since you get to read 20 articles for free before you get hit with a request for your credit card. But that’s not even close to being enough to make up for the decline in ad revenue, both print and digital, which dropped by 7 percent in the quarter.

One of the biggest problems for the Times is that its former online star About.com, which the company bought in 2005 for $ 410 million, has seen both its profitability and revenue-generating ability implode in the wake of an update to Google’s search algorithm — a change that was designed to penalize what the company called “low quality” content sites, or what some call “content farms.” In the most recent quarter, the NYT said About’s revenue fell by 26 percent, and profit fell by a staggering 67 percent.

As McMorrow’s chart shows, the Times is still far under water in terms of revenue, despite the benefit of its paywall. As I’ve argued before, there’s nothing wrong with having a paywall — although in many cases it amounts to building a wall of sandbags around the print newspaper edition, which provides most of the ad revenue — but if a paywall is your only strategy for responding to digital disruption of the media business, then you are almost certainly doomed, whether you are the New York Times or not.

Which way will the new CEO go — towards the past or the future?

So what should a new CEO be looking at to revitalize the NYT for a digital age? Ken Doctor suggests that the paper needs to look beyond just subcription revenue and focus on how it can target those 325,000 digital subscribers — since it knows who they are and where they live, and it already has their credit-card numbers.

I would take it one step further, however, and suggest that the new CEO think about some of the suggestions about “reverse paywalls” that have been made by journalism professor Jeff Jarvis, and also by former Washington Post managing editor Raju Narisetti (who is now at the Wall Street Journal in a digital role). The main principle behind this idea is that regular readers should get more than just a sales rep hitting them up for a monthly payment — the fact that they are a devoted fan should entitle them to earn rewards, whether it’s money off their subscription for interacting with the paper, or offers that others don’t get.

The NYT has taken a few steps towards trying to build relationships with its readers through what I’ve called the “levelling up” process that it recently added to its comment section, where readers can achieve preferred status for good behavior. Those are the building blocks of a relationship that the paper could use to its own benefit in all kinds of ways, many of which could generate new sources of revenue — real-life events, for example, which has been one of the things that has helped turn The Atlantic around, or a line of e-books based on the newspaper’s original reporting.

Another thing the NYT could — and should — be thinking about is what the role of an information provider is in the digital age. Is it to act as a gatekeeper for certain kinds of data and try to reimpose the scarcity that used to exist in the print era? Or is it to find partners to distribute that information in as many ways as possible, and to think of the paper as a data platform, as The Guardian has with its open-platform project? One way looks to the past, and the other to the future. Which way will the NYT go?

Post and thumbnail photos courtesy of Flickr users jphilipg and Giuseppe Bognanni

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

• Content Farms: The Players, The Benefits, The Risks
• When video gets democratized, who wins and who loses?
• Connected world: the consumer technology revolution

src='http://ads.gigaom.com/show/rss/'
alt=''
border='0'
/>

GigaOM

An upcoming Google Docs update will bring a better interface for selecting paragraph styles and new features that lets you customize styles.

Google Docs will also add some new open source fonts from the Web Fonts project: Amaranth, Arvo, Dancing Script, Lobster, Merriweather, Open Sans, Philosopher, Quattrocento.

Google has recently updated the Android app for Google Docs and added offline support, while also improving the reading layout for tablets.

{ Thanks, J. }

Google Operating System

Microsoft is promoting more growth for its Internet Explorer 9 web browser in January among Windows 7 users, although IE8 is still the number one most used browser worldwide. Read more…

Neowin.net

Pinterest, the website which lets people collect and share photos online with a “virtual pinboard,” has steadily amassed a very dedicated following of users that spreads far beyond the app-obsessed early adopter crowd. On Tuesday, a new study out of content sharing company Shareaholic showed just how powerful the Palo Alto, California-based startup has become.

Shareaholic's survey (click to enlarge)

Pinterest is now driving more referral traffic on the web than Google+, YouTube, Reddit, and LinkedIn — combined. That’s according to Shareaholic’s January 2012 referral traffic report, which is based on aggregated data from more than 200,000 publishers that reach more than 260 million unique monthly visitors each month.

In January Pinterest was responsible for 3.6 percent of referrals tracked by Shareaholic, up from 2.5 percent during the previous month. That means the site is quickly gaining ground on Twitter, which drove 3.61 percent of referral traffic in January, down from 3.62 percent in December. Pinterest’s ascent has been especially rapid when viewed through a longer lens: The site owned just .17 percent of the traffic in Shareaholic’s July survey.

Not surprisingly, Facebook is holding steady at the top of Shareaholic’s survey, as it was responsible for more than a quarter of all referral traffic in January. Next in line was StumbleUpon, with 5.07 percent. It bears mention that while the Shareaholic survey is global, in the United States market alone StumbleUpon has in the past unseated Facebook as a top driver of referral traffic.

It’s exciting to see a relative newcomer growing so quickly in the web space. While the web’s more established companies are quite powerful these days, the fact that a startup like Pinterest has successfully established its own foothold shows that the competitive landscape is still alive and mainstream users are open to trying things from new players.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

• NewNet 2012: companies and technologies set to disrupt
• How publishers must adapt to multiple content discovery options
• Going social: Recommendations engines need to factor in consumer reviews

src='http://ads.gigaom.com/show/rss/'
alt=''
border='0'
/>

GigaOM