When will mobile ad revenue reflect time spent?

Two years ago the buzz was that mobile was the next big thing, and now that consumers are moving to tablets and smartphones, the moment has arrived.

• Nielsen says that 50.4% of mobile users now have a smartphone.
• More than two-thirds of those in the 25-34 age group have a smartphone. The report is here.

This slide from Mary Meeker of Morgan Stanley shows
the opportunity for mobile advertising. Although consumers spend
10% of their time with media on mobile platforms, mobile
is getting only 1% of the ad revenue, a $20 billion opportunity.

Newspaper culture still blocks move to digital

Gumersindo Lafuente of El Pais (photo by James Breiner

Versión en español aquí.

The culture war of print vs. digital rages on and continues to block the transformation of the newspaper industry. An incident at Spain's most prestigious daily and a study of 38 U.S. newspapers both made this clearer recently.

At El Pais in Spain, the newsroom protested after Gumersindo Lafuente, the head of digital operations, told a journalism conference that a prime consideration when hiring a journalist should be the number of his or her Twitter followers.

It didn't help that Lafuente and his team were imported two years ago from a failed web operation amid layoffs of print journalists, according to the report in prnoticias.com.

Tech, intermediaries leave newspapers far behind

I came away from reading the State of the News Media in 2011 with the sense that newspapers in particular are being left farther behind by all of the advances in technology and payment systems.

One example is Apple. Although it is selling subscriptions to publications on its iTunes platform, it is taking 30% of the revenue and keeping the all-important customer data and credit card information to itself.