You are here
Home > TECH NEWS > JAMAICAN MEDIA COMPANIES TAKING THEIR ONLINE TRAFFIC SERIOUSLY ?

JAMAICAN MEDIA COMPANIES TAKING THEIR ONLINE TRAFFIC SERIOUSLY ?

Jamaica- IRIEFM: Their Business Model is paid subscription to their live streams which they started in 2001 in addition, banner ads and also google ads. Their monthly page views primarily from the Diaspora market in US,UK and Canada, are in the hundreds of thousands, so they should be making some

  • Pingback: Connecting News, Commentaries and Blogs at NineReports.com()

  • John Doe

    Gleaner was founded in 1834 which makes it by far much older than Radio Jamaica founded in 1950.

  • The Master

    LOL. So touchy. It is sad that my other posts have not made it yet. but this reply seems fun.

    VCs are cool if you have the link, many get all kinds of perks and still end up nowhere. Not that this will be the case with you nor do I hope so.

    Talent in which I speak of is to be very much being novel or super creative in the .com space. You know like YouTube, facebook, Google, Yahoo, and the list goes on and on.

    There is just too many sites all saying the same stuff, and frankly I am not caught on to that hype.

    I also notice much venom, where none was sent out. We must respect opinions while not taking it personally.

    In fact this is quite fun, but then again I am not a techie. I know no codes, do not know how to make a website, nor anything to that matter as far as techie goes. TRUTH.

    You sound genuine, keep it up and I am sure you will go far.

    Oh TiVo will be history soon. Netflix has always been around and is poised to do well. Try bain capital, they are pretty loaded. http://www.baincapital.com

    The name is a rebuttal “The Master” as so many claim to be but none are. This is fun. Anyway what I want to say is I also see a culture where people are caught up in and on name and fame, and who you know from who you do not know, who is the hot shot and who is not while not chipping away at anything productive. I also have heard and seen so much HATE.

    It is almost parasitic in nature the climate here. kind a creepy. There is no love just venom. You may not see it but I saw it on more than one accasion. what I see is me and my crew mentality.

    Other reason why I say no talent was based on interviews and answers. I saw several contradictions and several smoke screens and a clear points that the people involded did not know the market or the subject matter that well.

    It can be frustrating to read such things when others should know better and you expect them to know better. then there is the lack of professionalism. I did not plan to post here again, but your reply was worth a reply.

    The funny thing is as a non techie I do have petty much all the answers you seek. I find that to be really strange. I mean, if you guys are the pros. who can you post such articles, contradict yourself, and do not have answers to questions you should have “MASTERED” already.

    Maybe it is I, and you all have the answers but simply want to start a cool blog. Either way ASTALAVISTA BABY.

  • (1) I very much recognize that Irie FM is most likely NOT paying royalties and has not factored that into their real operating cost so profit may be easier to come by – we don’t even know what kind of revenues they have.

    This is the same reason I have advised others not to go into streaming live radio because SoundExchange, the royalty collection agency for the USA has clamped down and raised rates, pushing web broadcasters into a corner and causing a lot of smaller ones to shut down – http://www.news.com/Recording-industry-threat-looms-over-Net-radio/2010-1027_3-6199582.html?tag=item

    (2) Every tech intellectual knows that Alexa undercounts traffic, especially because of its more US focus. Even Alexa admits as such

    (a) “Our users are disproportionately likely to visit sites that are featured on alexa.com such as amazon.com and archive.org, and traffic to these sites may be overcounted.”

    (b) “The rate of adoption of Alexa software in different parts of the world may vary widely due to advertising locality, language, and other geographic and cultural factors”

    (3) Every website has to start somewhere as you don’t suddenly have loads of traffic. More important as well is the QUALITY of traffic, which any business person knows. The number of customers is not as important as the quality of the customers. SiliconCaribe has quality readers and will continue to grow.

    (4) You don’t have to invent something ‘novel’ to make lots of profit – case in point, MTV vs. BET. Differentiation is important, but the wheel does not have to be re-invented.

    The ‘pet rock’ was novel.

    Realvibez may not be novel to you, and that is fine, you are not our target market. We have our long-term strategy and just signed a partnership deal with a Silicon Valley-based company backed by the same VC firm that backed Tivo and Netflix – I highly doubt many Caribbean-owned sites have such deals under their belt. In our case, they approached us because they liked the site and saw the vision.

    (5) Your talent comment wreaks of conceit and disregard for reality. There are lots of Jamaicans around the World with talent. My god-brother and main advisor had the #1 football website in the World, raised $2.5 million dollars in venture capital in 1999, was featured in Fast Company, a 1 year feature in INC. magazine (“Startup Diaries”) and eventually sold it for a couple million.

    Not many Caribbean people can claim such things but you probably don’t know of such people because you refuse to acknowledge that their are actually more smart people out there.

  • *LOL*…LOL I love this. David we have a live one. I LOVE these kind of comments.Is this Rodger? Let me see if I can make sense of the contribution here.

    A valid question found:
    “How much money is Irie FM paying the artists for using there songs on a subscription model?” Well I will forward this question to Brian Schmidt.

    David…ball in your court. Let’s play tennis.

  • The Master

    All these articles say nothing. No I am wrong they say something which is really that these writers know nothing and are really guessing.

    But since intellectual capital can translate to monetary capital I guess this may be the reason why they are really saying nothing. Apart from that reason they must not be very bright in regards to the industry not very bright at all.

    Once thing I want to point out and is this. How much money is Irie FM paying the artists for using there songs on a subscription model? Now it should not require too much intelligence to come up with an article dealing with this. Certainly better than the crap I am reading now.

    Another point your website according to traffic may only have 800 unique visitors per month based on your alexa ranking. this one that is.

    In regards to real vibes I do not consider it much of a site or a service and nothing novel. However Teeze and rumbar has potential.

    Truth of the matter is there is no talent except for 1-2 people in the tech website arena that is Jamaican home or abroad. It is that simple. If there were they would have a excellent business and earning or stand to earn top dollar. Vibesconnect is an exception to the rule, as you know sex sells.

    STOP WATCHING OTHERS AND INVENT YOURSELF AND MAKE A NAME FOR YOURSELF. YOU ALL LACK TALENT. STOP LIVING IN THE PAST.

  • Ingrid, you hit the nail on the head. Because none of them are doing much advertising online themselves, they do not understand HOW online advertising should be done.

    More importantly, they refuse to hire staff or consultants that are knowledgeable and can bring them up to speed – but that is an opportunity for an outside business.

    p.s. I like to think of my company as a Caribbean media company, it just isn’t based in the Caribbean.

  • I agree with you, I don’t think any Jamaican/Caribbean media company has a clear online revenue strategy. And I’ve love to know just how many of them advertise online themselves. They are missing a great opportunity!

  • COMMUNICATION AND THE INTERNET IS VERY IMPORTANT
    BOTH IN THE CARIBBEAN AND GLOBALLY>
    THE MEDIA HOUSES ESPECIALLY IN JAMAICA NEED TO
    BE MORE RESPONSIVE TO THE PEOPLE THAT CLICK ON THE AD

Top