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Types of capstone projects for money write for me internet of things ppt abstract sar pass weather reports advertising this is great here's a typewriter and it says 2995 and has for that price capital and small letters there was a great story on on all things considered that as an April Fool's prank a Boston company redid their entire office in typewriters for April first when their staff came in and most of them were young staff and they tried to work on these for half a day and what they couldn't believe is they couldn't find the backspace just incredible but it's all a selling stuff is still the same this is a paid post a little controversial when it first came out native advertising we can talk about that the New York Times still selling stuff so we're kind of like that and some days we feel like that especially with the 24 7 news cycle where partly analog we're partly digital all of us are kind of swinging over and it's a very confusing time the audience is now are 20 times larger than they were in the print world yet the vast majority of the revenue for news companies comes from a small percentage of the audience let's quickly do this revenue math and I haven't written about this yet but I find is just amazing when you look at this so who is pain so how is the digital world really work and how has it affected the press so the people who are paying for newspapers look like this still very loyal keep charging a more money given less product and still 85 90 percent say okay I really like newspapers read your every thirty percent of all revenue overall comes of course from print subscribers all access in most cities that have paywalls you say we're restricting digital access but because you're a print subscriber just pay us five dollars a month more and you get digital access that's all access that's where most the money is coming from and then about one percent of the digital audience might pay for a digital-only subscription they look like this revenue math for advertising sixty-five percent of all of all revenue got a five percent other here so where does that money come from eighty eighty-five percent of that comes from print subscribers the same people at the print subscribers don't subscribe to the paper and get the paper printed they don't get this advertising only fifteen to twenty percent of advertising comes from digital readers so we get a very very small group of people who are still supporting the business and then you look at you say well of that digital readership it's not like this audience that is 20 times larger in unique visitors is really is really all that valuable because it's a very small percentage of readers about ten percent who will generate basically a third to two-thirds of all the page views that a site gets so you got ten percent of the digital readers you got the print readers and they generate almost all the money in the business it would be nice if publishers understood this and acted on it and they haven't where do they devote their thinking where do they devote their resources they say well we need lots of readers and how you doing on the web we have this many unique visitors is the first number every news publisher will quote you rather than who are you or customers as the print door closes the window of opportunity is just wide open for new readers at this point now of course it's been open as the digital revolution has come along but there are three factors that really define 2015 at this point this mobile revolution that we've talked about the social revolution that we've talked about and the fact that Millennials are coming of age and are forming habits so smartest people I talked to in the industry are understanding this and saying we've got to get some of this new readership they see that possibility they see a way of dealing with this Infinity and trying to reel some of it in in the end newspapers doing less and less for audiences in charging more and more basically this has been the story so they're not focusing on readers what they've been doing is they were selling this for 50 Cent's and now they're selling that for a dollar yet when I talk to publishers and I say so what you know what's the problem and how you dealing with the problems I never have one of them say you know we really cut the quality of the product and we doubled the price that might have something to do it I can't be of any other industry like that and then we have this newer phenomenon of billionaires and called a billionaire bingo where we have 400 and the last count 424 billionaire's in the united states with not quite enough to buy 1,400 newspapers but we have had three very interesting one this is glen taylor the richest guy in minnesota he bought the Star Tribune last year after john henry bought the Boston Globe and Jeff Bezos bought the Washington Post very importantly they have a different philosophy their philosophy is in investing in the product both the digital product and the print product to a small degree usually on Sunday but they're investing in content and they're investing in the future of the advertising business largely in advertising technology I call them the 50 50 men and that's because they are doing something that people used to do in the old days and it's a I want to have a newspaper company I want to make money I'd like to get rich but I also understand a newspaper is a different kind of business than a car dealership or a furniture store and it's got a community service element to it they all understand this and we've seen actually better products there in all three of those cities than they had two years ago but there's only a few of them mainly what digital technology does is focus on these so we have meerkat came along how many of you heard meerkat o'meara cat i was at south by southwest on the first day i was doing a talk and i was trying to move around a little as i do and the guy said this is a this is a organizer that he said you can't move when i said why can't I move he said meerkat meerkat and I am I've been busy that day so I didn't know that meerkat had launched that day and he's the only meerkat meerkat and he's got his iphone and he's doing the livest is a live streaming if we puts video like I could hold up my phone right now out and take pictures of everybody here and everybody can see it so meerkat launches a month ago or so and and their big coup is Madonna walking somewhere this is and it's supposed to be us incredible revolution it could be used in some interesting ways by news companies I think but this is again it's like wow look we can capture reality the problem I think as I thought about this is these questions of news that we care about most and we're we're deficient in the intelligence and the wit and the depth and the experience is how and why we just don't understand what's going on because we don't have people who are explained it to us who know who know about it it was always uneven and newspapers always have problems with that but it's a lot less now we can count how many fewer stories there may be but we can't count this other stuff in a sense we don't know what we don't know but we know less this is the frog and the question I've been thinking about here is who's the Frog is it the newspaper companies well kind of right this has been going on a long time they've been sit in the water they're getting sicker and sicker but I think the Frog is us I think the Frog is the readers and if you ask most people we've got a crowd here who knows about journalism you ask most people out there hey people who are even civically involved they care about what's going on they can't really do much about it and they know less and really the democracy suffers do my capstone physical therapy jobs Globalization and International Affairs Program.