The Drum misses a beat

28 May

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I was interested to read that marketing magazine The Drum is challenging itself to develop an upcoming issue in front of a live audience.

At first I was impressed by the editorial team which laid down its own gauntlet to discuss content and interview key spokespeople (such as Dom Burch, head of social media for Walmart, and Selina Webb, communications director for Universal Music) to put together one of its fortnightly magazines. I was even quite excited at the feeling of sniffing out a story with the professionals, but all of those feelings disappeared when I found out that I was going to be charged more than £200 for the privilege.

I know it’s a commercial event for the brand to grow and improve its offering, but that doesn’t stop me questioning how The Drum can ‘sell’ this opportunity. Especially when the challenge is lukewarm; it’s hardly down to the wire – with more than two weeks from the ‘live’ session until the magazine is on the shelf.

I feel that The Drum has dressed up an exciting concept for the publishing world in sheep’s clothing. An event like this has the potential to hold something special for attendees that online and digital wouldn’t offer – the traditional interviews, feature angles and front covers.

More than this, it’s the perfect chance for young budding PR, marketing and advertising bods to learn some industry nuggets – but at this rate they’re priced out. I think working with future media executives would’ve made a much better story, but as it stands I’m cynical as to how much decided on the day will actually be published.

What do you think – is this a unique idea or a commercial flaw?

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One Response to “The Drum misses a beat”

  1. meekaeel rashid May 29, 2013 at 10:38 am #

    It’s a potential opportunity, with a huge what if stuck to it. I’d imagine they’d still do well with this approach after all money is the name of the game.
    You would alienate some people but I’d imagine you’d get more useful people this way.

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