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Digital Tranformation and Its Impact
Amir Jahangir
Chief Executive Officer
RINSTRA Technologies Pvt. Limited
Media’s Role in Creating Narratives
Center of Pakistan and International Relations (COPAIR)
Islamabad
6 May 2021
What is happening?
The Fourth
Industrial
Revolution
Courtesy Source: World Economic Forum
Changing Industry
Dynamics
Courtesy Source: World Economic Forum
Courtesy Source: World Economic Forum
Workflow Disruptions
• Reporters will spend less time on
repetitive tasks and grunt work.
• Streamlining workflows, automating
mundane tasks, crunching more
data, digging out insights and
generating additional outputs
• With AI powered news collection,
journalists will serve as editorial
gatekeepers.
• AI enabled newsrooms will allow
reporters to engage in more
complex and qualitative work.
• Creativity will become the
Currency of respect
Changing Trends
Cameraman, DSNGs Operators, Technical Resource Person, Reporters, Anchors - Extinct
A New Breed of Journalists
Freelancers - Citizen Journalists -Training and Implication
Entrepreneurs - “Mediapreneurs”
The conventional media and the regulators are still stuck in
2nd Industrial Revolution
Change Caused by Digital
Transformation - Society 5.0
Electronic
Media
Landscape
The media
consumption
patterns are
changing!
• Satellite TV Viewership:
• 22 million
• Median age of 40+
• Passive viewing
• Mostly urban and peri urban
• Declining every month due to
migration into digital
• Digital migrants
* social media users
Digital Viewership:
• 37 million+* a potential of
76 million (internet users)
• Median age of 17
• Active and interacts
• Urban, peri urban
and others
• Increasing every month by
adopting ICT and digital skills
• Increasing number of digital
natives.
• They love the screen!, which
facinates, because……..
Why A
Screen
Fascinates?
IT RESPONDS
EASE OF TIME
EASE OF PLACE
PERSONAL
INTERACTIVE AND INTELLIGENT
IT CAN TALK TO YOU THROUGH DATA
While all this facinating changes are
taking place….
This is what’s happeining
back home, in Pakistan
Pakistan is Changing!
Youth Population (below the age of 35 years)
27,374,590 157,876,571 195,285,951
However, it brings out a new
challenge!
The Average
Millennial's
Attention Span is
Shorter Than
Your Goldfish’s
• The average attention span for the notoriously ill-
focused goldfish is (9) nine seconds,
• But according to a new study from Microsoft Corp.,
people now generally lose concentration after (8) eight
seconds, highlighting the affects of an increasingly
digitalized lifestyle on the brain.
• Microsoft found that since the year 2000 (or about
when the mobile revolution began) the average
attention span dropped from 12 seconds to eight
seconds.
• “Heavy multi-screeners find it difficult to filter out
irrelevant stimuli — they’re more easily distracted by
multiple streams of media,”.
• On the positive side, the report says our ability to
multitask has drastically improved in the mobile age.
Attention Span
Today, attention has
become a commodity for
marketers. It is limited
and scarce.
And like anything in
economics, scarcity
means higher demand,
higher value, and
ultimately higher costs.
To put it in numbers,
since 1966 the average
cost per thousand
impressions (CPMs) of
prime-time ads has risen
from approximately $1.50
to $22 in 201X.
Adjusted for inflation,
that’s a two-fold increase.
This rising cost of
attention is problematic
for marketers who strive
to capture and hold
consumers’ attention
within a strict budget.
Attention
Span
• A Satellite Television Channel – Eyeballs Based
• 30~50 minutes
• A Digital Platform – Click Through Based
• 8 seconds
Content Approach for a Digital Mindset
Content must be
developed for a
customized audience
Your news bulletins
should be less than 3
minutes max.
Average news item
should be >60 Seconds
– 30 is ideal
Treat each news item as
individual product.
Anchor is a distraction
Average talk show
should be >15 minutes -
a show
Introduce your issue
within 7 seconds, on the
8th second you have
already lost your viewer.
The show needs to be
relevant to the audience
Make it interactive and
live: Keep the
distraction
within your control
Digital Ecosystem
Mindset
Shift
Social Media is the
Mass Communication Media
22
Social media is the “new power”
medium for news engagement,
generation, dissemination, and
consumption.
Social media isn’t slowing down,
what’s trending right now, will be
yesterday’s news before you
know it.
Traditional news media is
Lagging social media by half a
day.
Every individual on the internet is
engaging in the news making
process now.
The Future of
Narratives in the
Digital Tomorrow
- More interactive
- Creativity: the currency of respect
- Will be 1 on 1
- Customized Experiences for Individuals
- Individuals will matter more: Impacting
collective consciousness of the society by
influencing key individuals, influencing masses
will not be effective.
- More transparent accountability
- Noise will be free, credebity will have
value
The Impact of
Digitalization on Media
Thank you!
Amir Jahangir
Chief Executive Officer
RINSTRA Technologies Pvt. Limited
+92.300.855.5161
@amirjahangir
aj@rinstra.com
www.rinstra.com
Digital Transformation Impacts Media Narratives

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Digital Transformation Impacts Media Narratives

  • 1. Digital Tranformation and Its Impact Amir Jahangir Chief Executive Officer RINSTRA Technologies Pvt. Limited Media’s Role in Creating Narratives Center of Pakistan and International Relations (COPAIR) Islamabad 6 May 2021
  • 5. Courtesy Source: World Economic Forum
  • 6. Workflow Disruptions • Reporters will spend less time on repetitive tasks and grunt work. • Streamlining workflows, automating mundane tasks, crunching more data, digging out insights and generating additional outputs • With AI powered news collection, journalists will serve as editorial gatekeepers. • AI enabled newsrooms will allow reporters to engage in more complex and qualitative work. • Creativity will become the Currency of respect
  • 7. Changing Trends Cameraman, DSNGs Operators, Technical Resource Person, Reporters, Anchors - Extinct A New Breed of Journalists Freelancers - Citizen Journalists -Training and Implication Entrepreneurs - “Mediapreneurs” The conventional media and the regulators are still stuck in 2nd Industrial Revolution
  • 8.
  • 9. Change Caused by Digital Transformation - Society 5.0
  • 11. The media consumption patterns are changing! • Satellite TV Viewership: • 22 million • Median age of 40+ • Passive viewing • Mostly urban and peri urban • Declining every month due to migration into digital • Digital migrants * social media users Digital Viewership: • 37 million+* a potential of 76 million (internet users) • Median age of 17 • Active and interacts • Urban, peri urban and others • Increasing every month by adopting ICT and digital skills • Increasing number of digital natives. • They love the screen!, which facinates, because……..
  • 12. Why A Screen Fascinates? IT RESPONDS EASE OF TIME EASE OF PLACE PERSONAL INTERACTIVE AND INTELLIGENT IT CAN TALK TO YOU THROUGH DATA
  • 13. While all this facinating changes are taking place…. This is what’s happeining back home, in Pakistan
  • 14. Pakistan is Changing! Youth Population (below the age of 35 years) 27,374,590 157,876,571 195,285,951
  • 15.
  • 16. However, it brings out a new challenge!
  • 17. The Average Millennial's Attention Span is Shorter Than Your Goldfish’s • The average attention span for the notoriously ill- focused goldfish is (9) nine seconds, • But according to a new study from Microsoft Corp., people now generally lose concentration after (8) eight seconds, highlighting the affects of an increasingly digitalized lifestyle on the brain. • Microsoft found that since the year 2000 (or about when the mobile revolution began) the average attention span dropped from 12 seconds to eight seconds. • “Heavy multi-screeners find it difficult to filter out irrelevant stimuli — they’re more easily distracted by multiple streams of media,”. • On the positive side, the report says our ability to multitask has drastically improved in the mobile age.
  • 18. Attention Span Today, attention has become a commodity for marketers. It is limited and scarce. And like anything in economics, scarcity means higher demand, higher value, and ultimately higher costs. To put it in numbers, since 1966 the average cost per thousand impressions (CPMs) of prime-time ads has risen from approximately $1.50 to $22 in 201X. Adjusted for inflation, that’s a two-fold increase. This rising cost of attention is problematic for marketers who strive to capture and hold consumers’ attention within a strict budget.
  • 19. Attention Span • A Satellite Television Channel – Eyeballs Based • 30~50 minutes • A Digital Platform – Click Through Based • 8 seconds
  • 20. Content Approach for a Digital Mindset Content must be developed for a customized audience Your news bulletins should be less than 3 minutes max. Average news item should be >60 Seconds – 30 is ideal Treat each news item as individual product. Anchor is a distraction Average talk show should be >15 minutes - a show Introduce your issue within 7 seconds, on the 8th second you have already lost your viewer. The show needs to be relevant to the audience Make it interactive and live: Keep the distraction within your control
  • 22. Social Media is the Mass Communication Media 22 Social media is the “new power” medium for news engagement, generation, dissemination, and consumption. Social media isn’t slowing down, what’s trending right now, will be yesterday’s news before you know it. Traditional news media is Lagging social media by half a day. Every individual on the internet is engaging in the news making process now.
  • 23. The Future of Narratives in the Digital Tomorrow
  • 24. - More interactive - Creativity: the currency of respect - Will be 1 on 1 - Customized Experiences for Individuals - Individuals will matter more: Impacting collective consciousness of the society by influencing key individuals, influencing masses will not be effective. - More transparent accountability - Noise will be free, credebity will have value The Impact of Digitalization on Media
  • 25. Thank you! Amir Jahangir Chief Executive Officer RINSTRA Technologies Pvt. Limited +92.300.855.5161 @amirjahangir aj@rinstra.com www.rinstra.com