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Summary:

Evidence of Twitter’s ambition to become a media entity continues to accumulate, but if it wants to fulfil its role as a digital-media player, it is going to have to get a lot better at finding relevant content for its users.

We’ve been arguing for some time now that Twitter is becoming a media entity in its own right, and some of the company’s moves around the Summer Olympics and other events have helped flesh out that theory. John Battelle of Federated Media argues much the same thing in a new blog post — that Twitter wants to become a media company, and that doing so means curating and even creating or “co-creating” content for its users. While this is undoubtedly true, Twitter is going to need to become a lot better at relevance and discovery if it really wants to be a new-media player.

In his post, Battelle describes how his thinking has been influenced by some of the recent offerings Twitter has come up with around broadcast events — such as the “Oscars Index,” (a partnership with Topsy) which tracks the sentiment around the Oscar-nominated movies and personalities leading up to the Academy Awards by analyzing tweets about them. Although he doesn’t mention it, Twitter also recently announced an even more ambitious effort to create a verified “Twitter TV Rating” for TV shows as part of a partnership with media-metrics company Nielsen.

Twitter Oscars

Having lots of data is great — relevance is better

The Federated Media founder points out quite rightly that one of the things that makes Twitter a potential gold mine — both for media companies and for advertisers — is the number of signals that the network can accumulate about users, their behavior and their interests. More than half a billion tweets a day is a lot of data, and somewhere in the midst of that are the keys to delivering better content, and better advertising (which is increasingly becoming the same thing, a topic we’ll be discussing at paidContent Live in New York on April 17). As Battelle puts it in his post:

“Twitter presents a massive search problem/opportunity. For example, Twitter’s gotten better and better at what’s called “entity extraction” – identifying a person, place, or thing, then associating behaviors and attributes around that thing… Real time entity extraction crossed with signals like those described above is the Holy Grail.”

This is fundamentally the same goal that both Google and Facebook are focused on as well: how do you show users only things that are relevant to them, and hide those that aren’t — in real time? Facebook has gotten criticism for the way it tweaks the news feed based on its algorithms, but the reality is that most users don’t want to see everything that streams through their networks. And Google started its Google+ social network, and built it into everything it does, in part because it needs more data signals about its users.

The problem for all of these companies is that doing this is really, really hard — every user’s stream consists of billions of data signals, and deciphering which are meaningful and which aren’t is a complicated business. To get a sense of how difficult it is, all you have to do is look at Twitter’s “Discover” tab, or the “Trends” listings, or look at the promoted tweets and promoted trends that show up in your stream (of course, Facebook is almost as bad with its sponsored pages, and it has orders of magnitude more data).

Relevance is the key to digital media

Twitter Icons

As Battelle notes, Twitter has gotten better at discovery, and the revamped version of its Discover tab is better than it used to be — and so are the suggestions Twitter sends to users for other accounts they should follow. But the Discover tab in particular is still light-years away from where it needs to be in order for it to be a compelling content-discovery mechanism for users, and the curated email newsletter Twitter sends out is even worse: it shows me Canadian news because I live in Toronto, even though it knows (or should) that I rarely ever tweet about that topic.

Simply put, relevance is the key attribute for any digital-media entity in the 21st century. Newspapers and other traditional sources of content are terrible at suggesting or curating relevant content for individual readers, but no one really expects them to be any good at it — they have zero experience in doing that. Twitter, however, has enough data that it arguably should be much better than it is. And it needs to get there quickly, before Google or Facebook (or god forbid, even Yahoo) get much better.

Coming up with visualizations about the Oscars or highlighting tweets about NASCAR may be useful for reeling in big media brands, but users are going to need a little more than that before they trust Twitter to curate content for them.

Post and thumbnail images courtesy of Shutterstock / noporn and John Battelle

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  1. Great Points.
    All we have to ask ourselves is “Who are twitters customers ?”
    Not the user community that brings them value…..Its “Big Media Brands”
    Knowing this we can understand why Visitations about the Oscars or Highlighted Nascar tweets have top of the list importance with twitter…..Also….Note to twitter and FB….Most media companies tend to be very bad at technical innovation…..

  2. You seem to be describing a data information company more than a media business. Twitter is not and never will be a media business. You have to control the content information in to control the information out. Twitter is a mainly random experience – and that’s its joy, The Olympics, Oscars are random attempts at creating buzz – which we all provide randomly. The tie up with Nielsen is a real meaningful, genuine commercial opportunity for both. It saves Nielsen and puts twitter top of the “TV buddy” dual screen market in which there is much treasure.. People ascribe too much to Twitter – they even describe themselves as “software providers”. Handy in any lawsuits, means you can brush over the haters, trolls and racism in the name of freedom of speech. If you want to be taken seriously then take responsibility. It’s joined up texting with lots of us doing it and no doubt providing truckloads of information on our habits for marketers. But Twitter is NOT a media company.

  3. I HATE ‘suggested reading…others you might like…these people share your interests….’

    When I want to find other ‘like’ people/items, all I have to do is Google it.

    I LOVE the fact that via Twitter I can find myself 50 “browser pages” into a “#Twitterthon” (which is then supplemented by a Googlethon). The things I have discovered this way…..watching baby chicks hatch on a “Bald Eagle Cam” in Tampa, discovering a NASA site the shows the horrific pollution for a single day in Beijing, China, to arriving at this article via a twitter request from @ryanbubinski of ‘codeacademy.com’ to ‘vote’ for them on the techcrunch website (where I then clicked on the Gigaom icon,,,).

    It’s no secret that in as few as 5 years, companies like Acxiom will be able to deliver more personal data than the CIA ever could – (note: the CIA is an Acxiom customer), so the fact that Twitter wants to figure out a way to really cash in on their data is expected, but please, please, just let me have this one ‘social platform’ that is relatively ‘distraction free’. Don’t java script me into oblivion. Don’t make me (more) paranoid about every word I type….

    (Check out this article about Acxiom’s data that was written in 2004….but be warned, side effects of this article include mentally ‘editing’ everything you type….)

    Forcing people to ‘grab my interest’ in 140 characters (138 starting 2/6/13) or less is the site’s greatest feature. And due to the initial preface of the site: allow an individual to communicate with a small group via SMS service, history was made 2011 when this simple idea showed monarchical governments that ‘silencing the masses’ is no longer possible.

    K-I-S-S for me @Twitter, PLZ??

    Oh…and “You may be interested……” http://www.adexchanger.com/social-media/twitter-ramps-certified-products-program-plans-new-categories/

    In 2006, I liked MySpace for a few months. Never did get around to deleting that profile before Google hi-jacked the data associated with that account. Deleted the “Facebook” page the day after I created it due to the numerous emails I received in a 24hr period. Will never ‘Pin up my Interests’.

    But Twitter……dear Twitter tinyurl.com/by

  4. As others have noted, not all social media networks lend themselves to being, or “want to be” a “media company.”

    Indeed, one of Twitter’s strengths is that is a unfiltered and uncurated stream of information provided by its users. It’s popularity, and the usefulness users derive from it, is that the information stream presented is very much an opt-in product.

    That utterances can be traced back to personal or organizational entities makes Twitter useful for news organizations, but not a news organization itself.

  5. 1) Why not simple have one tab “top tweets” and another tab “all tweets”? It gives everyone what they want.

    2) In my view Twitter interesting for big brands. But it would be even more interesting for small business. But why can I still not buy a Twitter ad (sponsored tweet)? Google Adwords shows how it must be done.

  6. “Newspapers and other traditional sources of content are terrible at suggesting or curating relevant content for individual readers, but no one really expects them to be any good at it — they have zero experience in doing that.”

    Now that’s hilarious. Best distortion of the day.

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