What blogs cost American business

Story on AdAge.com by Bradley Johnson (registration required):

U.S. workers in 2005 will waste the equivalent of 551,000 years reading blogs. About 35 million workers — one in four people in the labor force — visit blogs and on average spend 3.5 hours, or 9%, of the work week engaged with them, according to Advertising Age’s analysis. Time spent in the office on non-work blogs this year will take up the equivalent of 2.3 million jobs. Forget lunch breaks — bloggers essentially take a daily 40-minute blog break. Technorati, a blog search engine, now tracks 19.6 million blogs, a number that has doubled about every five months for the past three years. If that growth were to continue, all 6.7 billion people on the planet will have a blog by April 2009. Imagine the work that won’t get done then.

And a week doesn’t go by that someone asks me to explain “this blogging thing.”

What is RSS?

“RSS is just a little peep, a signal, a ping that comes from a favorite blog or site, telling your computer that it has been updated. If you have an RSS reader (and they’re free and easy, and two of the easiest live on the web so you don’t even have to install anything), whenever a blog is updated, it shows up in your reader and you can catch up on the news. If there’s nothing new, it doesn’t show up and you don’t have to waste time surfing around.”

— Seth Godin

Robert Iger on Disney’s New Media strategy

Robert Iger, the future CEO of Disney:

“(We will) not allow management of traditional businesses to get in the way of very, very important migration to new-media platforms.”

Hmmm. Disney probably has enough money to pull that off but I’m not sure how smaller companies (like ours) accomplish this. The landscape might look very different in a few years. [Hollywood Reporter by way of E-Media Tidbits]

“Radio audience as big as it’s ever going to get”

I had lunch this week with a long-time acquaintance who happens to be one of the most successful small market broadcasters in the country. His stations generate millions of dollars in ad sales and have for years. He asked us to come up and talk about the Internet and I was expecting the usual “Don’t waste your time on that Internet bullshit” line. So, when he said (paraphrasing here) if broadcasters don’t figure out the Internet, they’ll perish… the hair on my arms stood up. He went on to say he thought radio’s audience was as big as it’s ever going to get. And that most small market radio stations are breaking even at best. Oh, and he said he didn’t know any young people that listened to the radio these days. Digital radio? Gonna be bad, not good, for rural broadcasters. He said more but I was in such a state of shock I can’t recall everything.

And I’d heard it all before. Online, not from a life-time broadcaster. I didn’t get the impression he’s shared his concerns with other broadcasters. Sort of the elephant in the room that nobody is talking about. And I’m not going to out this guy. Besides, nobody would ever believe he said –or believes– any of the above.

This must have been the mood when the plains Indians saw the first wagon trains roll over the hill. It ain’t gonna ever be the same again. Might be good. Might be better. But it ain’t gonna be the same.