I made a prediction in that post:
3) Quality and curation will deliver rewards (so firing editors may be self-defeating) in the long-term, if you survive the shakeout. Given the proliferation of poorly written/created content, acknowledged quality will be a valuable feature as will good filtering capabilities (as we can already see).The point here was that value could be created through curation of content, whether that meant building a dedicated niche in one topic or aggregating content from one specific area or doing that across many topics at once, but ensuring depth and value in each.
At the time I was interested in how traditional publishers might adapt their print curation to online and digital curation, something several have done well and others have not. I saw both an opportunity and a challenge to traditional publishers in the new curation.
I stand by the thrust of it, but I think I failed to make clearly enough a subtle point about that prediction. That is, that as blogs and websites gained credibility and status, they could quite easily move up the value chain towards the same kinds of products traditional media/publishers currently produce. If they show that THEIR curation is at least as effective and valuable as that of the traditional publishers is, then they can benefit from that prediction as much as anyone. It’s the classic example of a disruptive player moving up the value chain and it is happening before our eyes. What’s more, because they were coming from a smaller cost base, they can likely do it more competitively than traditional book publishers.
In many ways, it is the problem newspaper and magazine publishers have been facing for a long time, writing itself all over the face of book publishing. It’s a slightly different type of problem from the issue of self publishers growing in confidence and ability (equipped as they are now with more tools to aid the creation, distribution and sale of their books). We are talking here about content producers designed around the web, using the web as a platform and building their content offering off a low-cost base and often offering most of that service for free to web surfers.
Full piece at http://eoinpurcellsblog.com/