By Adam Craig, Head of B2B and corporate at Storm Communications
Christmas is the season of joy, of gift-giving, and of families united. Sadly, all these things will be put to the test over the festive period this year, with COVID-19 continuing to affect every corner of the globe.
Wherever we live, one way or another, 2020 has been a year of change. As we approach the new year, it goes without saying that the way we shop, travel or even communicate with our families has taken on a different form. And so too has the way we consume information.
If coronavirus has been a career defining moment for those working in the field of medical science, it has been a critical one for the media sector. Journalists and publications – the ones that have survived – are now having to do even more with less. Advertising revenues have dried up. Editorial teams were put on furlough and planning for future activity became impossible.
Having worked in communications for 13 years, I was recently asked what the biggest challenge has been in the sector during the COVID pandemic. For me the answer was simple. It’s the speed at which the media landscape evolved, driven by the way people changed their information consumption habits.
What do I mean by that? To put it into context, a study by DoubleVerify revealed that daily online content consumption around the world soared from an average from 3 hours 17 minutes to 6 hours 59 minutes at the beginning of the pandemic. Furthermore, a June report from data analytics company Nielsen found that in March individuals in Italy spent 180% more time reading news online relative to the same month last year – this figure was 125% in Thailand, 78% in Japan and 52% in Australia.
Backing that up, in Q1 2020 the average total of daily active users on Twitter – seeking out real time news – reached approximately 164m, an incredible 23% up on 2019. Elsewhere, TV channels saw viewer numbers increase between 10-20% over the summer months, when they usually decrease due to people spending more time outdoors. In the UK, nearly a quarter (24%) of younger audiences are now getting their news on Instagram.
Of course, we ensured that all our corporate clients pivoted with the times. Our strategy turned to creating educational and exciting content pushed out to the clients’ own social media channels through animated videos and visual posts, and drove external messaging via predominantly online media outlets.
Podcasts have had an up and down run of late. After a reported drop in podcast listening during the lockdown, that was widely attributed to people not commuting as much, Reuters Institute for the Study of Journalism (RISJ) data has now shown a rebound. Across 20 countries, 31% of audiences are now tuning into a podcast (44% in Spain but only 22% in the UK), with news and politics shows are among the most popular.
Ultimately, the data demonstrates that the way we are now consuming information has pivoted away from the norm. With millions of people across Europe furloughed, trade media readership went into freefall, podcasts flatlined, and there was more free time to spend on social media, browsing the internet, listening to the radio or watching TV (not always Netflix!).
It was interesting to see radio stations reinventing themselves and being rewarded with record online listening figures as a result, after seeing them spiral for many years. The pandemic has given local radio, in particular, a much-needed shot in the arm, as they’ve sought out engaging new content that resonates with people during lockdowns.
Despite changes in the way we are consuming information, there is still an overwhelming desire to seek out credible news sources. Along with COVID, ‘fake news’ is probably the term of 2020, which is why we’re now seeing the giants of social media auditing their content, as one certain president has found out recently.
As the world slowly starts to recover from this bizarre year, we will see yet more changes in the media landscape. However, the shift to digital will clearly remain. We’ve been moving in that direction for some time now and COVID has simply forced the hand of many publishers.
What will be interesting is whether radio and TV can continue its renaissance, and if regulation can help filter out disinformation online. If governments can sort out the minefield that is the latter point, then I expect 2021 will be an exciting year for communication professionals around the world as they clamber to run more informative digital campaigns on social channels and elsewhere. And if more ad revenue is pumped into digital, I’m not certain there is much of a future for our old friend, the printed media.
One thing is for certain. The media landscape will change many more times in our lifetime. Let’s just hope it’s not driven by a pandemic next time!