The Revolutionary Genius of Plants

5 January 2019

From The Wall Street Journal:

We humans take it for granted that plants are our inferiors. But they make earth habitable for us animals, by harnessing the energy of the sun to produce food and by releasing oxygen. That’s not the only trick they have up their leaves. In this thought-provoking, handsomely illustrated book, Italian neurobiologist Stefano Mancuso considers the fundamental differences between plants and animals and challenges our assumptions about which is the “higher” form of life. It seems we have much to learn from our green companions—about everything from designing buildings to organizing society.

The evolutionary split between animals and plants came nearly half a billion years ago, as life migrated from the oceans to the land. While animals roamed around their new environment, plants rooted themselves in one place. From these diverse strategies stems what Dr. Mancuso considers the most important distinction between the two kingdoms—not whether they move or produce their own food but how individual organisms are internally organized.

Whether they are predator or prey, animals’ survival depends on efficient movement and quick decision-making. And so we have adopted a top-down structure, with a central brain and organs such as heart and lungs to perform other vital functions. Because we can run away from predators, animals can afford to put our cerebral, circulatory, respiratory and other essential eggs in just one or two baskets.

For stationary plants, on the other hand, individual organs would only be “points of weakness,” Dr. Mancuso writes, chinks in their defenses that would leave them vulnerable to predators. So plants hedge their bets by spreading single functions, including such vital ones as respiration and photosynthesis, throughout the whole organism—breathing and creating food with their entire body. Plants may be brainless, but thanks to this simple, decentralized structure they enjoy a “distributed intelligence” that serves them well in meeting the challenges of their environment.

Plants are exceptionally sensitive to their surroundings, constantly monitoring a host of factors, including light, gravity, moisture, oxygen, sound, the presence of other plants and the approach of predators. Recent research conducted in Dr. Mancuso’s laboratory at the University of Florence has shown that at least one plant is capable of learning and remembering: When Mimosa pudica, a tropical native also known as the sensitive plant, is exposed to gentle shaking, it responds at first by closing its leaves. But after seven or eight trials, the plant concludes the vibrations aren’t a real threat and keeps the leaves open—a lesson it can remember for more than 40 days.
. . . .
 Due in part to their distinctive organization, plants have thrived, colonizing every continent and accounting for at least 80% of the world’s biomass. Though plants are ancient they are, Dr. Mancuso writes, “the epitome of modernity: a cooperative, shared structure without any command centers,” which is the ideal melding of durability and innovation. “When you want to design something robust, energetically sustainable, and adaptable to an environment of continuous change,” Dr. Mancuso suggests, “there is nothing better on earth to use as inspiration” than plants.

Link to the rest at The Wall Street Journal 

 

Everything flows

5 January 2019

Everything flows and nothing stays.
Everything flows and nothing abides.
Everything gives way and nothing stays fixed.
Everything flows; nothing remains.
All is flux, nothing is stationary.
All is flux, nothing stays still.
All flows, nothing stays.

~ Heraclitus of Ephesus

Ontario’s 49th Teachers Site Supports Canadian Books in Schools

5 January 2019

From Publishers Perspectives:

Launched in the spring of 2018 with the aim of getting Canadian books into Ontario classrooms, 49th Teachers expands on the established book promotion platforms 49th Shelf and 49th Kids, but is designed to connect directly with teachers and teacher-librarians.

. . . .

The new teacher initiative may well be of interest to other world markets’ publishers who would like to see their books better featured in educational settings.

The site offers educators a database of nearly 20,000 Canadian-authored kids’ and YA books as well as nearly 800 related resources, all available as free downloads.

One area of the site, for example, features “character education” selections that are recommended for development of respect, responsibility, empathy, kindness, teamwork, fairness, and so on.

. . . .

In addition to the database, the site offers users:

  • Options to search by author, title, genre, subject area, age, and grade level
  • Access to nearly 800 resources developed specifically for use with books in the database, searchable by subject, grade, and by resource type such as teacher’s guides, reading guides, handouts, etc.
  • A variety of themed booklists prepared either by the site editor or by educators
  • A books blog written by a children’s books librarian
  • Links to reviews, recommendations, and purchasing options
  • The ability to create book lists and share them with other site members

Link to the rest at Publishers Perspectives

Best of Frenemies

5 January 2019

From The Wall Street Journal:

JPMorgan Chase & Co. Chief Executive James Dimon assembled a team in 2017 to answer a question that had been nagging at him for a while: “How should we think about Amazon?”

The team explored the ways Amazon.com Inc. could muscle into financial services and where JPMorgan could fit in, according to people familiar with the matter. And what if, as Wall Street has long feared, the tech company were to become a bank itself?

Industries from pharmaceuticals to logistics are grappling with the Amazon question, as the retailer relentlessly expands into new business areas. But in many ways, the online retail giant and the nation’s largest bank by assets have a special relationship.

The fortunes of the two companies have become more entwined over the years. They are closely connected through a credit-card deal struck when the retailer was still mostly selling books and CDs on the internet. JPMorgan is in talks to partner with Amazon on a number of financial ventures, and the bank lends to the tech company. With Warren Buffett’s Berkshire Hathaway Inc., the companies are working on a first-of-its kind venture to lower health-care costs for their hundreds of thousands of employees. Increasingly, JPMorgan has begun to emulate some of Amazon’s signature management practices.

Mr. Dimon and Jeff Bezos, Amazon’s founder and CEO, have also become friendly over the past two decades, even as their business interests have at times been at odds, and despite some differences in their personal styles.

. . . .

As the relationship between the men and their companies deepened, the balance of power shifted in Amazon’s favor. The retailer’s market value—at $770 billion—now dwarfs JPMorgan’s $335 billion. The bank, used to being the heavyweight in the room, is trying to figure out how Amazon fits into its world and how to avoid becoming its latest casualty.

One strategy: Be more like Amazon.

. . . .

JPMorgan’s relationship with Amazon stretches back to at least 2002, when Chase began issuing the online retailer’s co-branded card. The deal predates Mr. Dimon, who joined JPMorgan in 2004.

A few years earlier, Mr. Bezos had tried and failed to hire Mr. Dimon to be Amazon’s president. Mr. Dimon, recently fired from Citigroup Inc. by his mentor, Sanford “Sandy” Weill, flew to Seattle to have lunch with Mr. Bezos. Mr. Dimon has said it wasn’t the right time to make such a dramatic change.

“I had this vision I’d never wear a suit again, I’d live in a houseboat like Tom Hanks” in the movie “Sleepless in Seattle,” Mr. Dimon told CNBC in July.

Over the two decades that followed, Amazon’s sales exploded. So did its clout.

About two years ago, when it came time to renegotiate the card agreement, Amazon was in a position to extract painful concessions.

Link to the rest at The Wall Street Journal

Planning For 2019 Part 2

4 January 2019

From Kristine Kathryn Rusch:

 The biggest issue for the latter half of 2018 was book sales. Indies and traditional publishers both complained that book sales were down, and that a crisis was imminent. Their ideas of crisis were different, but they come from a similar source, which is the current state of disruption in the publishing industry.

. . . .

I’m doing this short series focusing on 2018 with an eye toward 2019 because I firmly believe that you cannot plan for the future if you don’t know where you’re standing right now. (And a note on terminology: I’ll be using indie published writer instead of self-published writer because indie writers are running a business, whether they like it or not. I want the terminology to reflect that.)

This series is important to all kinds of fiction writers, whether they’re traditionally published, indie published, or a hybrid of both. Please remember that I write this blog for the writer who wants a long-term fiction career, so keep that in mind as well.

. . . .

What started this discussion were some alarming numbers from the Association of American Publishers, which can track fiction sales through traditional venues  but not, mind you, sales figures from Amazon, which is the largest bookseller in the United States. (Some of the Amazon numbers were reported to AAP from the publishers themselves.) There’s a lot of self-reporting in the old fashioned way that publishing numbers get gathered, from independent bookstores telling their numbers (without a fact check) to publishers doing the same.

Still, no small bookstore will deliberately underreport its numbers unless there is a business or tax reason to do so, which doesn’t seem to factor in here. Verifying the numbers from both booksellers and publishers has never been part of book sales reporting, not even after computers came into the picture. (Although, with the assistance of numbers from Bowker and book distributors, the introduction of computers did help.)

The numbers that caught everyone’s attention were two-part.

1) Sales of adult fiction titles fell 16% from 2013 to 2017.

2) That 16% represents a rather large dollar figure. Sales went from $5.21 billion to $4.38 billion.

Realize we are talking about traditional publishing here, not indie publishing at all. Those numbers aren’t really baked into the book sales numbers in any significant way. (Remember, Amazon isn’t counted here, and Kindle Unlimited isn’t reflected here at all.)

The scarier number for traditional publishers appears deeper in the article. This number comes from Bookscan, which only tracks print sales. I’m going to quote PW here. The italics at the end of the sentence are my emphasis added.

…the BookScan figures show that no fiction title topped one million copies sold in 2016 or 2017 at outlets that report to the service.

For an industry that used to sell print titles well over a million on a regular basis (at the turn of the century and before) that’s a scary, scary, scary number. For comparison, I tried to go to 1998 with a quick web search of Publisher’s Weekly, but I only managed to find 1999. It’ll do.

There were six trade paperback fiction bestsellers that sold one million copies plus, and trade was the smallest selling fiction category at the time.  There were more mass market paperback bestsellers than I wanted to count—and these listings began at 2 million sales plus. Leading that list with 2 books was John Grisham at 4.1 million and 3.875 million respectively.  Eight hardcover novels sold more than 1 million copies, including (again) a John Grisham.

. . . .

Last year, John Grisham admitted to the New York Times that his novels sell half of what they sold in 2007, which was less than they sold in 1997.  Here’s how Janet Maslin of the Times reported his comments:

He doesn’t worry much about book sales either, except he’s very alert to the numbers. “The biggest change for me has been that I’m selling about half the books I sold before the Great Recession,” he said. “Maybe a little bit more than half. This is discretionary spending, and people are not spending.”

Savvy readers will see that I used this same quote last year in discussing book sales.  Nothing has changed in the year or so since I wrote that post.

Until the last ten years or so, traditional publishing dominated the marketplace. They could sell millions of copies to readers because there was no other game in town. Nothing competed with traditionally published novels.

. . . .

We are at Stage Three in the publishing disruption, though, and traditional publishers are no longer the only game in town. Not even close. And they’ve got a really serious issue: their business model was built in the previous century. To make matters even worse, they’ve consolidated. None of the big traditional publishers are nimble in anyway. They’re part of large conglomerates who expect major earnings from each corporation under their huge umbrella.

In an upcoming part of this series, I will examine how traditional publishers are looking to keep themselves relevant to their corporate masters. It will change the traditional publishing model forever, but it won’t benefit writers in any way.

. . . .

Traditional publishers are terrified by these shrinking sales numbers. Their solutions are based in their old model thinking—and, unfortunately for them, are mostly impossible.

The reason I chose John Grisham as my example is three-fold. First, there’s that lovely quote he gave the New York Times. Second, I looked up his numbers last year and the current ones are this: His books now sell in one month what they used to sell in one week. Sometimes in one day.  The third reason? He’s still sitting on top of the bestseller list, as one of the most important big guns, twenty-seven years after he hit it.

He’s on the list, Nora Roberts is still on the list, Stephen King…

Let’s go back to that Publisher’s Weekly article that sparked so much discussion. A lot of the discussion was about what’s “wrong” with fiction sales. The discussion is lost in that traditional publishing bubble, thinking they’re still the only game in town.

They talk about movies and TV as competition (what is this? 1960?) and claim that people are either reading nonfiction or aren’t reading much at all. Worse, they’re blaming Amazon for much of their problems—refusing to see that Amazon is their biggest client.

. . . .

There is one line in here, though, that speaks to the problem that traditional publishers have had since 1997 or so—and they have not solved, despite being told over and over and over again that they need to rethink this.

They’re not building author careers. Or, as Peter Hildick-Smith of The Codex Group (which many industry insiders use for market research and pre-publication book testing) told PW:

Creating a dependable, bestselling author is a multibook investment that requires different strategies and great persistence. It’s not a one-and-done launch.

. . . .

The essence here is that the author is the brand, not the publisher, and traditional publishers are no longer putting the money into developing new brands. Which is why you’re seeing the same old same old on trad pub bestseller lists, and why the sales figures are going down.

There’s a lot to read out in the marketplace. Readers who like legal thrillers don’t have to read John Grisham. They can read a variety of other authors in a variety of different ways.

Hildick-Smith put his finger on the rest of the problem. He said that “so much inexpensive genre fiction [is] now available at ‘subprime price points under $5’ (from such channels as Kindle Unlimited), publishers must invest to develop brand name authors who can command premium-price loyalty.”

. . . .

Traditional publishing is not going to build new writers into bestsellers. They’re not even trying. That’s clear from a quote from Paul Bogaards, a vice president of Alfred P. Knopf who is apparently still dining out on his 2009 acquisition of Stieg Larsson’s books. In talking about rebuilding fiction sales, Bogaards is simply quoted as saying this:

There will be another big novel. There always is.

Link to the rest at Kristine Kathryn Rusch


As PG was reading this excellent post by Kris, he was also thinking about flightless birds.

PG claims no special expertise about flightless birds, but he understands that most/all flightless birds have vestigial wings. Their distant ancestors could fly, but, over time, for one reason or another, flying became less important and they lost the ability to do so.

Some species of flightless birds live exclusively on isolated islands where few predators are found. These birds deal with whatever threats remain for them without needing to fly.

Other species of flightless birds have become very large – the ostrich and emu, for example. Given their size, they are no longer potential prey for predators like weasels and small cats which could pose a threat to smaller birds.

On occasion, a small flock of wild turkeys strolls through the grounds of Casa PG. They can fly and run and, particularly in flocks, intimidate a small carnivore.

These wild turkeys bear little resemblance to the domestic turkeys which may provide the main course for your dinner next Thanksgiving. The domesticated turkeys have been bred to develop outsized breasts, the better to provide more white meat which many consumers prefer. However, the domestic turkeys are so large and heavy, they are completely unable to fly. At best, they can run for a short distance while flapping their wings.

So back to books and publishing.

Thirty or forty years ago, there were a great many more publishers in the United States than there are today. There were more large traditional publishers in New York, some of which operated under the management of their founder or founder’s heirs and including many medium-sized publishers that have now been absorbed into giant conglomerates. There were also quite a number of successful regional publishers focused on serving a particular geographic area and many more specialty publishers that focused on particular interest groups – golf, military history, regional cooking, hunting and fishing, local history, cowboys, etc.

Today, traditional US publishing is much more concentrated, with the “Big Five”, five huge publishers, all of which are located within a short cab ride of each other on the island of Manhattan and are subsidiaries of even larger worldwide media conglomerates.

One might be tempted to compare them to giant flightless birds, living within a monoculture comprised of wealthier-than-average white people who, by and large, attended the same 20-25 colleges and haven’t had any real jobs outside of publishing. All five Big Five CEO’s are white. Four are male.

Each of the large publishers relies heavily on sales through traditional bookstores. Barnes & Noble is their largest bricks and mortar customer.

Perhaps the best example of the dangers of the Big Five monoculture is the illegal price-fixing conspiracy that began in 2009 and was designed to allow Apple to derail Amazon’s ebook business.

In 2009, Big Publishing was not happy with Amazon. The publishers had finally decided they needed to start selling ebook versions of their books. However, in the typical fashion of organizations who felt entitled to exert control to protect their quasi-monopoly, the publishers did not want ebooks to cannibalize the sales of their printed books. The publishers had for some time discouraged bookstores from aggressive price discounting. This policy worked well with smaller customers, but Borders and Barnes & Noble were large enough that they were less subject to this pressure

Accordingly, the publishers set the prices of their ebooks high so as not to “devalue” their books in the eyes of customers and to encourage customers to continue purchasing printed books through traditional bookstores and restrain Amazon’s book sales.

Amazon was not cooperating with this strategy, however, and was selling ebooks from the large traditional publishers for $9.99, even if the company had to take a loss on each ebook sale.

Approximately every three months, the CEOs of the Big Six (Penguin and Random House had not yet merged) would meet in private dining rooms in New York restaurants without counsel or assistant present, in order to discuss the common challenges they faced, including most prominently Amazon’s pricing policies. (When PG first learned about this practice, he was absolutely astounded. It laid the groundwork for a classic slam-dunk victory in the later antitrust case. Any lawyer who learned a client was doing this would be hoisting red flags from morning until night. It was a profoundly stupid practice.)

In 2009, Apple was preparing for the announcement of the first iPad in early 2010. Apple CEO Steve Jobs was a very sick man.

Jobs had been diagnosed with pancreatic cancer in 2004. By early 2009, he was a very sick man and had lost a great deal of weight. He took a medical leave of absence in late January and had a complete liver transplant in April, 2009. Following the transplant, he was better, but still not completely well. He would die from his illness in 2011.

In late 2009, Jobs’ lieutenant, Apple’s senior VP of Internet Software and Services, Eddy Cue, set up meetings with the top executives of the six largest New York Publishers. Apple wanted to announce the iBookstore in conjunction with the iPad announcement but had concerns about Amazon’s pricing.

Cue told the publishers that Apple wanted to sell the majority its e-books between $9.99 and $14.99, with new releases being $12.99 to $14.99. Apple also adopted the agency model of pricing, wherein the publishers would control the price of the e-books with Apple receiving a 30% commission.

However, Apple didn’t want to be underpriced by Amazon, so it would insist on an agreement with the publishers that Apple could match any price at which Amazon was selling an ebook.

Leading up to the agreement of five of the publishers to agree to Apple’s terms (Random House abstained), they continued their private dining room discussions and called each other over 100 times in the week before signing the agreement.

On the day of the iPad launch, On the day of the launch, Jobs was asked by a reporter why people would pay $14.99 for a book in the iBookstore when they could purchase it for $9.99 from Amazon. In response Jobs stated that “The price will be the same… Publishers are actually withholding their books from Amazon because they are not happy.”

The plot quickly fell apart and the Justice Department sued the five big publishers and Apple for conspiring to illegally fix the prices of ebooks. Later, the Justice Department publicly humiliated management of the Big Five by requiring an admission of guilt and forcing monetary settlements.

The whole ebook price-fixing fiasco is an excellent illustration of one of the most serious weaknesses of the groupthink monoculture that governs Big Publishing. Even after their price-fixing fiasco, they have not made any meaningful changes to avoid becoming even bigger, fatter domesticated turkeys who are unable to respond in a meaningful way to the changes in the publishing business.

While PG believes the five huge flightless birds do not have a bright future before them, as Kris suggests, indie authors need to keep their eyes open and options ready to respond to changes in the book business.

Amazon is not the same as it was nine years ago. In 2009, its net sales revenue was $24 billion. In 2017, it was $178 billion. In 2009, Amazon was filled with managers who remembered when the company was a scrappy little underdog and maintained that mindset.

Between 2009 and 2019, a lot of new people have become Amazon executives. To the best of PG’s knowledge, the KDP group has substantially changed since then. It has undoubtedly grown into a huge organization. In 2009, Amazon had a total of 24,000 employees. Today, it has 566,000.

PG continues to be pleased with Amazon, as reflected by its usual treatment of authors. However, with a large organization, things can always change and indie authors need to be wise and ready to change when change is thrust upon them or when change can provide better opportunities for their books and their business.

 

There are good

4 January 2019

There are good and bad times, but our mood changes more often than our fortune.

~ Thomas Carlyle

The Future of Music, Where Middlemen Have Met Their Match

4 January 2019

From OZY:

“Hey, Dad. I want to show you a song.”

The speaker was my 16-year-old daughter. Music for her? Primarily visual and to be enjoyed in video clips. Video clips that did not always feature videos. Sometimes it was just some clip art and the music. But no record store, no record album, no tape — reel-to-reel, eight track, cassette or otherwise — and finally no compact disc. And she’s not alone in how she’s digging on the music she digs on.

According to Nielsen’s music report, digital and physical album sales declined (again) last year — from about 205 million in 2016 to 169 million copies in 2017 — down 17 percent. Over the past five years, right up to Nielsen’s mid-year report, sales had fallen by roughly 75 percent. That decline is coinciding with a streaming juggernaut that continues to grow. How much so? Last year streaming skated, quite easily, beyond 400 billion streams. You include video streams and you have figures over $618 billion. You look back at the year before and you see a 58 percent increase in audio streams.

While this buoyed the damned-near-moribund music industry to the tune of 12.5 percent growth from 2016 to last year, the music business is now, as it has been, all about discovering the music that can generate all of those streams. And that’s where things get curious because record labels that are used to creating heat now have to go places where the heat is being created to stay viable and vibrant.

. . . .

With a number of presently high-profile artists — Odd Future, Lil Yachty, Post Malone, etc. — being “discovered” on places like SoundCloud over the past five years, entire communities of music fans can beat both the hype and the Spotify/Pandora/SiriusXM radio/Amazon algorithms that suggest if you liked this, you might also like that, by starting there, and branching out. First stop: Instagram.

“People come in all the time and play me stuff from their IG feeds,” says Mark Thompson, founder of Los Angeles-based Vacation Vinyl (that sells, yes, primarily vinyl). “So I’m hearing bands that it soon becomes pretty clear have no label, no representation, nothing but an IG feed and maybe some music recorded on their laptops.”

To put this in perspective, in July 2018, Instagram added the music mode in Stories, and just that quickly streaming started to feel … old. Because from the musicians’ mouths to our ears, unmediated music finds its way from the creator to the consumer. Spotify is trying to adapt too — it has over the past year begun to sign deals with independent musicians to give them access to the platform.

. . . .

“It’s free,” she says, having endured speeches about listening to unpaid/stolen music. Since she and her friends don’t ever listen to more than 60 seconds of any song, at least while I am around, this raises the question: Is it a business and is it sustainable in the same way that Apple Music, Tidal, Deezer or iHeartRadio have managed to be?

“Unknown,” says former promoter and music industry executive Mark Weiss. “But the business is where the ears are. And if the business is any damn good it’ll figure out how to stay in the conversation.”

. . . .

Flash-forward to record contracts from the mid-1990s that covered cassette tapes, vinyl, compact discs and “future technologies not yet known.” The digitization of analog music had already changed the landscape for everything from crime to interior design.

Whereas previously you’d have needed a turntable, an amplifier, maybe a preamp, a tape player, a receiver, speakers and a subwoofer to listen to the music that you’d be playing off of tapes, vinyl or CDs, after everything was digitized you just needed a phone and speakers.

Link to the rest at OZY

How Much of the Internet Is Fake? Turns Out, a Lot of It, Actually.

4 January 2019

From New York magazine:

In late November, the Justice Department unsealed indictments against eight people accused of fleecing advertisers of $36 million in two of the largest digital ad-fraud operations ever uncovered. Digital advertisers tend to want two things: people to look at their ads and “premium” websites — i.e., established and legitimate publications — on which to host them.

The two schemes at issue in the case, dubbed Methbot and 3ve by the security researchers who found them, faked both. Hucksters infected 1.7 million computers with malware that remotely directed traffic to “spoofed” websites — “empty websites designed for bot traffic” that served up a video ad purchased from one of the internet’s vast programmatic ad-exchanges, but that were designed, according to the indictments, “to fool advertisers into thinking that an impression of their ad was served on a premium publisher site,” like that of Vogue or The Economist. Views, meanwhile, were faked by malware-infected computers with marvelously sophisticated techniques to imitate humans: bots “faked clicks, mouse movements, and social network login information to masquerade as engaged human consumers.” Some were sent to browse the internet to gather tracking cookies from other websites, just as a human visitor would have done through regular behavior. Fake people with fake cookies and fake social-media accounts, fake-moving their fake cursors, fake-clicking on fake websites — the fraudsters had essentially created a simulacrum of the internet, where the only real things were the ads.

How much of the internet is fake? Studies generally suggest that, year after year, less than 60 percent of web traffic is human; some years, according to some researchers, a healthy majority of it is bot. For a period of time in 2013, the Times reported this year, a full half of YouTube traffic was “bots masquerading as people,” a portion so high that employees feared an inflection point after which YouTube’s systems for detecting fraudulent traffic would begin to regard bot traffic as real and human traffic as fake. They called this hypothetical event “the Inversion.”

. . . .

Take something as seemingly simple as how we measure web traffic. Metrics should be the most real thing on the internet: They are countable, trackable, and verifiable, and their existence undergirds the advertising business that drives our biggest social and search platforms. Yet not even Facebook, the world’s greatest data–gathering organization, seems able to produce genuine figures. In October, small advertisers filed suit against the social-media giant, accusing it of covering up, for a year, its significant overstatements of the time users spent watching videos on the platform (by 60 to 80 percent, Facebook says; by 150 to 900 percent, the plaintiffs say). According to an exhaustive list at MarketingLand, over the past two years Facebook has admitted to misreporting the reach of posts on Facebook Pages (in two different ways), the rate at which viewers complete ad videos, the average time spent reading its “Instant Articles,” the amount of referral traffic from Facebook to external websites, the number of views that videos received via Facebook’s mobile site, and the number of video views in Instant Articles.

Can we still trust the metrics? After the Inversion, what’s the point? Even when we put our faith in their accuracy, there’s something not quite real about them: My favorite statistic this year was Facebook’s claim that 75 million people watched at least a minute of Facebook Watch videos every day — though, as Facebook admitted, the 60 seconds in that one minute didn’t need to be watched consecutively. Real videos, real people, fake minutes.

. . . .

And maybe we shouldn’t even assume that the people are real. Over at YouTube, the business of buying and selling video views is “flourishing,” as the Times reminded readers with a lengthy investigation in August. The company says only “a tiny fraction” of its traffic is fake, but fake subscribers are enough of a problem that the site undertook a purge of “spam accounts” in mid-December. These days, the Times found, you can buy 5,000 YouTube views — 30 seconds of a video counts as a view — for as low as $15; oftentimes, customers are led to believe that the views they purchase come from real people. More likely, they come from bots.

. . . .

Link to the rest at New York magazine

Next Page »