Showing posts with label Regulations. Show all posts
Showing posts with label Regulations. Show all posts
As the economy grows, the overall media scene in Myanmar is growing by leaps and bounds.

Dailies and Journals at a Typical Newspapers Kiosk along the Myanmar Streets
From my last heard, there are at least 25 newspapers in Myanmar and depending on if they are government newspapers, private or even club newspapers, different content and advertising can be published within. It would be worth the efforts to meander through all these different factors if both readership and circulation are high. Out-of-Home advertising is still key to reach out in high density Asian countries especially with high fragmentation and no clear leaders in other media.

A recent New York Times article spelt out the reality of newspapers in our digital era even in one of the newest emergent countries in the world:
 From the New York Times
Publishers suffering from lack of advertising and competition from Internet
27 NOVEMBER 2013
YANGON — Myanmar’s journalists celebrated this year when the government lifted a five-decade ban on private newspapers.
But six months after a dozen dailies rushed into production, journalists who had withstood the wrath and cruelty of a military dictatorship are struggling against something much more mundane: Market forces.

Despite expectations of pent-up demand, publishers say they are suffering from a lack of advertising and competition from the Internet.

“Every publisher is bleeding,” said Mr U Sonny Swe, Chief Executive of the Mizzima Media Group, which publishes a daily. “You have to be ready to fight. And ready to lose.”

Three of the 12 dailies introduced this year have already shut down, and none of the remaining nine are reporting profits, publishers say.

Some of the challenges facing Myanmar’s new dailies are the same as those that have confronted the news business globally for years, like declining readership for print publications.

But Myanmar’s new dailies are also operating in an impoverished country where the legacy of military rule is pervasive. The private dailies are competing with state-run newspapers that were the mouthpieces of the junta and remain in business.

Distribution in big cities is still unreliable for private papers, especially during the rainy season, and it is nearly nonexistent in the countryside. And a typical cover price of 20 cents (S$0.25) a copy for the private papers is too high for many readers, publishers say. State-run publications sell for a fraction of that.

Ms Daw Nyein Nyein Naing, Executive Editor at The 7 Day Daily, one of the new newspapers, said finding good reporters has also been difficult. Her reporters are addicted to Facebook, she said, and often post scoops on their Facebook pages, rather than filing stories to their editors.

She also lamented that many readers appeared to prefer dailies and weeklies that she said ran sensational articles of dubious veracity. “People are not buying quality,” she said.

Smaller newspapers, meanwhile, do not have the kind of financial support that large private daily newspapers enjoy, where they are effectively subsidised by a weekly journal.

Mr U Thiha Saw, a long-time journalist who clashed with censors many times during military rule, runs the country’s only private English-language daily, Myanma Freedom Daily.

“We scrimped and saved and sold our apartment,” he said. “Relatives and friends chipped in.” He is considering courting outside investors but is worried that their money might come with “strings attached”.

Journalists say they face unfair competition from the state-run newspapers, especially because the state publications sell for a fraction of the price and have plentiful advertising — a legacy of military rule when they were the only dailies in the country.

Mr U Kyaw Zwa Moe, Editor of the English edition of the Irrawaddy, a widely-read Internet news site that also publishes a monthly magazine, said the state-run papers are an impediment to the development of a free press in the country.

“In a democratic society, you don’t expect the Ministry of Information to publish newspapers,” he said. “It’s a barrier for the freedom of the press, and for private and independent media groups.”

In the long term, both private and state-run newspapers are likely to find it harder than ever, editors say.

With Internet connections improving and big foreign telecommunications companies poised to install mobile phone networks that could bring tens of millions of people online for the first time, Myanmar is likely to follow the global trend of people looking online for their news.

“Newspapers are so new for this country — that is why everyone is publishing,” said Mr Sonny Swe. “But you don’t want to be in newspapers for 10 years. Our future is in mobile.”

THE NEW YORK TIMES
On an even more exciting note - the 27th South East Asia Games (SEA Games) are upcoming and the countdown to the opening ceremony is going on. It is less than 11 days to the opening ceremony on 11 Dec 2013. The games will be taking place in both Yangon and the capital city - Nyapyitaw.

SEA Games Souvenir Naypyitaw Junction Mall
One of the most watched events would be the FOOTBALL and host country Myanmar has its eyes set on a gold. In fact, as published in the TODAY ONLINE, "Myanmar’s Sports Minister Tint Hsan has also set a target of 100 gold medals for the nation’s more than 1,000 athletes competing across the Games’ 33 sports."

Temporary SEA Games Billboard Traders Hotel 
I am sure Myanmar will do their own country proud as with all other projects that have been going on now. I am looking forward to that!
According to the Outdoor Media Association (OMA), the Australian Outdoor industry posted net revenue year-to-date of $503 million in 2012, a healthy 1.8% increase on $494 million in 2011. This is an impressive result given that many other traditional media are seeing a decrease in audience and market share.


Growth drivers for Outdoor media During the past ten years, the Outdoor industry in Australia has almost doubled in total revenue, with growth expected to continue in the future.


    OOH Strengths identified by the OMA include:
    As our population grows, Out-of-Home (OOH) becomes more powerful and more relevant. While other mediums are fragmenting and fighting for the consumer’s attention, OOH keeps broadcasting and gaining audiences. 

    OOH is High Impact OOH achieves great cut-through because it stands alone, it's not competing with the clutter of other advertisements, as is the case with other media environments. Dominant visibility, larger-than-life images, strong branding and messaging that stands out from the environment – OOH’s impact is largely determined by the creative. Research from Nielsen shows that 86% of people agree that OOH makes brands stand out.

    OOH is Engaging The medium is the message. OOH doesn’t come with editorial content. The right message and the right creative are extremely engaging. Digital and mobile technologies used in OOH encourage greater consumer interactivity. According to a study conducted by the Outdoor Advertising Association of America (OAAA), 71% of people said they felt more positive towards a brand that offers interactive OOH. According to Nielsen, 75% of people agree that OOH gives them something to look at when they’re out and about.

    OOH is Cost Effective Our studies show that OOH is the second most efficient media in terms of Return on Investment (ROI), after Television. The higher the proportional spend on OOH in an advertising campaign, the more efficient it becomes. According to our Brand Science research, campaigns with greater than 15% of the total spend on OOH have higher ROI. Further, when OOH is included in an integrated campaign, it improves the ROI. 

    OOH is a Media Multiplier Another strength for OOH is that it acts as a media multiplier. Through our Brand Science studies we know that OOH not only works stand alone but also improves the ROI of other media when you include them in the mix.

    OOH offers Sustained Awareness Using OOH is an effective way of increasing the reach and recall of a campaign. Coming second only to Television, OOH delivers strong campaign retention with 55% a week after activity. OMA research shows 82% of people agree that there are some OOH campaigns they remember for a long time. But more so, as shown in our Brand Science studies, when OOH home is used in conjunction with other media such as Television, Radio and online, it has the power to extend the half life of an integrated Television or Online campaign by up to 30%

    OOH impacts on the Path-to-Purchase Location-based technology provides consumers with access to brands and relevant content on their Path-to-Purchase. Research from the UK’s Outdoor Media Centre (OMC) shows that OOH is the advertising medium most seen by shoppers in ‘the last window of influence’ before shopping. 

    OMC research shows that: only 13% of consumers stick to a pre-determined purchase list 88% of people see OOH ads and 72% can be swayed towards a product by recently viewed OOH

    The OMA is certainly resource rich for OOH from the basic to full spectrum information on how OOH interacts with other media. It is a good place to visit regularly.