Adesuwa Onyenokwe, Publisher of TW
Magazine has identified distribution as the biggest problem with publishing in
Nigeria at a media forum.
The Nation continues with the story:
With more than a dozen magazine
covers jostling with various online publications for public attention, while
vendors litter the streets of Lagos, Adesuwa Onyenokwe, Publisher of TW
Magazine and a Mara Mentor, says the biggest problem with publishing in Nigeria
is distribution.
Globally, increased competition with
digital media has seen print media forced to supplement their platforms with
websites as technological innovations threaten to silence hardcopy newspapers
completely.
According to the 2013 The State
of the News Media Report, the total traffic to the top 25 news sites
increased 7.2% in 2012. And according to Pew Research data, 39% of respondents
got news online or from a mobile device, up from 34% in 2010, when the survey
was last conducted, indicating patterns of audience growth on digital
platforms.
Onyenokwe, who was recently
discussing the dynamics of media enterprise on the Mara Mentor Talk Show,
however voiced optimism towards Nigeria’s publishing industry, stating the need
to break the cycle of traditional distribution and recognize the need to
supplement print media with the innovations of new media as important to
business success.
Addressing issues surrounding the
business of publishing in Nigeria, Onyenokwe said prospective media
entrepreneurs should adopt creative ways to deal with the challenges that come
their way. According to her, TW Magazine launched a website and app to
supplement its print version, thus aligning with the proliferation of digital
devices in peoples’ lives.
She also implored young
entrepreneurs to take time to learn and understand industries completely before
going into business. “If you live in a neighbourhood and something about it
bothers you, then maybe that’s where your business lies,” says Onyenokwe.
But as more Nigerians get access to
the web, new media is increasingly gaining ground with citizen journalism on
social media and mobile apps, while blogs and websites continue to gain
traction and amass a significant size of advertising budgets. Newspapers
and magazines, on the other hand, are seemingly stuck on the wrong side of the
McLuhan’s famous Theory of Technological Determinism, which predicts more
emphasis on digital media as the world advances.
However, Onyenokwe believes the key
to transforming the fortunes of print media businesses in Nigeria perhaps lies
with changing the sector’s distribution mechanism, which is still largely characterized
by road-side hawking and the ubiquitous free readers association.
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