MAL37:20 | Page 8

a triple whammy of slumping advertising revenues, soaring newsprint costs, and competition from the internet; leaving newspaper executives struggling to contain their own inferno.’ Covid has exacerbated the situation by further reducing copy sales and advertising revenue. Carole Mandi, Editor of True Love magazine wrote; ‘Covid has affected our ability to distribute our magazines due primarily to lockdowns which have a real impact on physically moving the magazine. Copy sales had been further damped by reduced household incomes which mean that spending is around essentials such as food and medicine, not magazines. To add salt to the wound, the fact that the sales person cannot meet their potential advertisers has meant selling on phone or Zoom’. She says about this ‘there’s a missing rapport, body language, alertness that all contribute to closing the sale’ That print media which earns revenue from copy sales and advertising, unlike electronic whose only source of revenue is advertising, could be witnessing such a fall in fortunes is almost ironical. I’ve come to realize that how the world works at any given time can be explained from a historical perspective. Therefore, the lower consumption of print by the young generation stems from the difference between the world they are growing in today far removed from that one their parents did. Growing up in the ’70s, 80’, and early ’90s, were the golden years for print industry especially in Kenya. Newspapers and magazines were doing well enjoying growing readership, copy sales, and advertising revenue. The main reason was that the electronic media space, more so radio, was largely controlled by Government. There was only one TV and radio station, KBC. There were few entertaining programmes for young people and the broadcast hours were limited. Today, this may look like a boring life but it had unintended consequences. It gave us more time to play and read beyond school books. For a number, there was a daily newspaper bought by the parents, or in the school library or when we started working, in office. This cultivated a newspapers and magazine reading culture and as old habits die hard some of us continue to this day. The other reason print media did well is it was the only one that one could read hard hitting truthful and critical news. Radio and TV were state controlled and to them all was sunny and rosy. Today’s world is different, and the youth who should ideally be taking over the mantle of buying and reading papers and magazines, have other more exciting and relevant sources of information and entertainment. This generational gap with its different values, needs, and consumption habits has adversely affected newspaper consumption the world over. Indeed this is one of the challenges the aforementioned webinar identified. Attracting and retaining young audiences is a big challenge for traditional media. This audience has an array of choices from the Internet, such as TikTok, YouTube, Instagram, Twitter, Facebook, Netflix and Amazon Kindle. They are characterized by a short attention span and not interested in reading long analytical articles (like this one!). The internet has liberated them and given them power to choose and curate and share their stories, conveniently, quickly and cheaply. Sammy Thuo, Media Director at Saracen, said that audiences are moving away from ‘appointment viewing or listening’ referring to fixed programming. They now want to watch or listen on demand hence the growing popularity of digital media. He referred to it as ‘what I want when I want.’ I would describe this as the pull of immediacy or allure of instant gratification. With their limited time and wondering minds they are more interested in width rather than depth. Moving quickly from one story or tweet, to the next they have no time or appetite for long in-depth articles, unless it is school work. Moreover their interests are different and may not be found in the traditional media of today. Another reason print media is finding itself in such a dire position is historical. For a long time they ruled the roost, commanding huge audiences and the largest chunk of the advertising budget. To their credit they invested in what it took to be successful. More importantly they had no viable competition especially for advertising revenue. KBC was Government funded and didn’t have an advertising sales strategy or an aggressive commercial team. In effect, the two large newspapers were each other’s competition, like a forest with only lions. All they have to worry about are other prides of lions never the leopard or the cheetah. The result was a newspaper industry that did not know how to compete, was rigid, slow, and reluctant to innovate. Edward Roussel wrote, ‘newspapers still tend to define themselves by their paper rather than their news. By doing so, they make a critical error at a time when readers and advertisers alike are going cold on paper and turning their attention increasingly to Web media’, and to electronic media in the case of Kenya I may add. Even when the political space opened and getting a radio license became easier, the launch of radio stations did not look like a threat in any way, especially the vernacular ones. And so, in the short run, these new stations, who were still learning the ropes, did not pose a threat to the print media. They continued commanding the lion’s share of the total advertising revenue. But it was just a matter of time before the new kids on the block put their ducks in a row. Today they control the highest percentage of spend, especially radio, given its high reach (translating to cost efficiency), relevant content, creativity, and flexibility. The stations developed hard skin quickly having had to compete from the word go. They had to fight for licences and frequencies, search and nurture talent which was in short supply, put together advertising and production teams. Like a lioness with many cubs born during a drought, they learned the art of survival from day one. The large print media companies did eventually launch their own radio stations. But those have had mixed fortunes with constant re-launching and some even throwing in the towel. They realized as time went on, ‘kwa ground vitu ni different.’ The same can be said about those that first launched electronic media then ventured into newspapers. Their newspapers have not had the same commercial success as their electronic media. May be they should ‘stick to their lane’ and focus on what they do best, especially today. Even though traditional electronic media is doing much better than print, in terms of audiences and share of advertising budget, they must not release their foot from the pedal. DSTV, GOTV, Star TV, and the Internet, are growing and gaining a foothold and encroaching on their turf. Digital in particular is catching the eye of advertisers. As Sammy Thuo informed me, for some products, especially now during Covid, digital is the primary media, with mainstream media being the support, a reversal of roles. Advertising on digital has the advantages of pinpoint targeting hence cost-efficiency as rates are low (for now), and flexibility. It is also ideal for “direct response” campaigns - those encouraging quick purchases by consumers. Thus an advertiser has the dual advantage of creating awareness and purchase at the same time. Another reason for concern is 06 MAL37/20 ISSUE