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	<description>The economics of digital content</description>
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		<title>Newspapers go to Rio for growth and discovery</title>
		<link>http://paidcontent.org/2012/10/15/newspapers-go-to-rio-for-growth-and-discovery/</link>
		<comments>http://paidcontent.org/2012/10/15/newspapers-go-to-rio-for-growth-and-discovery/#comments</comments>
		<pubDate>Mon, 15 Oct 2012 09:25:12 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[brazil]]></category>
		<category><![CDATA[brics]]></category>
		<category><![CDATA[latin america]]></category>

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		<description><![CDATA[As domestic newspaper circulation shrinks, The New York Times and Financial Times are launching editions for Latin America in Brazil. But why is one in print and the other digital-only?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219113&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Everyone knows the emerging markets of Brazil, Russia, India and China (BRIC) can be great growth engines. Now western news publishers are setting their sights on Latin America.</p>
<ul>
<li><em>The New York Times</em> <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=105317&amp;p=irol-newsArticle&amp;ID=1744996&amp;highlight=">says</a> it will launch a Portuguese-language edition of its website in 2013, containing translations of its English articles and original local material &#8211; all in all, 30 to 40 articles per day.</li>
<li>This comes two weeks after the <em>Financial Times</em> <a href="http://aboutus.ft.com/2012/10/02/financial-times-expands-in-latin-america/#axzz282TqiIrQ">said</a> it, too, will launch a Latin American edition in print as well as web and mobile app.</li>
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<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/10/screen-shot-2012-10-15-at-10-10-06.png"><img  title="New York Times Chinese edition" alt="" src="http://gigaompaidcontent.files.wordpress.com/2012/10/screen-shot-2012-10-15-at-10-10-06.png?w=300&#038;h=203" height="203" width="300" class="alignright size-medium wp-image-219114" /></a>Each of the titles already has several national editions around the world. The <em>FT</em> has operated <a href="www.ftchinese.com">FTChinese.com</a> since 2005, whilst <em>NYT</em> launched <a href="http://cn.nytimes.com/">cn.nytimes.com</a> in beta this June, due to launch fully in November.</p>
<p><a href="http://mashable.com/2012/10/14/new-york-times-portuguese-edition-brazil/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Mashable+%28Mashable%29&amp;utm_content=Google+Reader">Mashable</a>: &#8220;Unlike the U.S. edition, which introduced a metered paywall plan in March 2011, readers of the Chinese and Portuguese editions do not need a digital subscription for full web access, a <em>Times</em> spokesperson told Mashable.&#8221;</p>
<p>Often, when analogue companies go global it is with digital products &#8211; for example, Netflix and Lovefilm are taking streaming but not DVDs to new territories. But emerging markets are still experiencing analogue growth.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/10/screen-shot-2012-10-15-at-10-11-15.png"><img  title="FTChinese" alt="" src="http://gigaompaidcontent.files.wordpress.com/2012/10/screen-shot-2012-10-15-at-10-11-15.png?w=300&#038;h=206" height="206" width="300" class="alignright size-medium wp-image-219115" /></a>Newspaper circulation grew 3.3 percent last year in Latin America, at a time when it shrunk by 4.3 percent in the United States and 3.4 percent in Europe, <a href="http://www.wan-ifra.org/press-releases/2012/09/03/world-press-trends-newspaper-audience-rise-digital-revenues-yet-to-follow">according to the World Association of Newspapers</a>.</p>
<p>In the next few years, Brazil will host the Summer Olympics and soccer World Cup.</p>
<p>So the <em>Financial Times</em> is opening a new &#8220;digital newspaper print site&#8221; in São Paulo, Brazil &#8211; something CEO John Ridding said &#8220;underscores our belief in a healthy future for print&#8221;.</p>
<p>What we are about to see, in the <em>FT</em>&#8216;s case, is a patchwork strategy of low-cost print-and-digital launches in emerging markets alongside eventual tactical retreat of print in large western cities, as the publisher approaches a print-to-digital tipping point there.</p>
<p>In <em>NYT</em>&#8216;s case, it is telling that, whilst NYT Co. already operates International Herald Tribune as its international edition, new launches are coming under the &#8220;<em>New York Times</em>&#8221; banner.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219113&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=207816"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=207816" /></a></p>]]></content:encoded>
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