THE AUTHORITY REPORT. How Audiences Find Articles, by Topic. How does the audience referral network change according to article topic?

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THE AUTHORITY REPORT REPORT PERIOD JAN. 2016 DEC. 2016 How Audiences Find Articles, by Topic For almost four years, we ve analyzed how readers find their way to the millions of articles and content we track across the web. Over that time, we ve seen take the lead from Google when it comes to the biggest source of external referrer traffic, and we ve seen the shrinking of the long-tail of referrers. But the big picture that data can provide in aggregate can mask some important details. For this Authority Report, we wanted to examine diversity of sites, content, and traffic more thoroughly. How does the audience referral network change according to article topic? As users of our content analytics dashboard will attest, articles with similar topics or within the same section can have a significantly different make up of incoming traffic than other articles within the same site. Understanding differences in referral data per topic has practical implications. Knowing ahead of time how an audience is likely to find your story can help you shape everything from editorial calendars to design, and it is crucial for anyone who works on distribution or audience engagement to understand the specifics of readership, not just the overarching trends. Parse.ly s network includes over 1,000 sites that integrate our analytics technology and generate more than 12 billion page views per month. The data in this report is based on articles published in 2016, categorized by topic. Our data science team analyzed the full text of each article through a modelling algorithm called LDA (Latent Dirlichet Allocation) to determine topics. Then, for each topic, we took the subset of articles that fell cleanly into that topic and examined their breakdown of external referral traffic, total, and traffic by device. Roughly 14 billion page views were generated by people visiting this subset of 1 million articles. While and Google dominate the referral traffic to these articles, the ratio varies wildly from topic to topic. The remaining referring sites also can be significant in certain areas, and key to discovering and engaging existing communities and niche audiences. See full details of the methodology at the end of this report. WWW./AUTHORITY

Topic Details Below, we list each of the 14 topics in detail. For a sense of what articles are categorized into the topic, we ve listed the unique words that are most likely to be found in the text of these. Common words have been excluded from this list. The size of the word shows how likely it is to appear in a post for this topic relative to other words. The number of articles included in each topic is noted on the right, which provides the relative size of that topic in the Parse.ly network. Next, we show the ranked external referrers to articles for each respective topic. To compare a topic s referrals with an average post in our network, accounted for 39 percent of all known external referrer traffic in 2016, and Google search accounted for 35 percent. The scale of the long-tail external referrers has been expanded to better show what percentage of external traffic they contribute. Similar to the Parse.ly dashboard, we also show the device breakdown of traffic to the articles in the topic at the bottom right of each section. World Economy CHINA OIL PERCENT EU PER ENERGY SINCE TRADE CHINESE EUROPEAN MARKETS TRADING BILLION BRITAIN MARKET STOCK GLOBAL POWER STOCKS BREXIT PRICES DEAL BANK CENT NFL AP UK 43.0% 36.3% 20.7% 4.6% news.google.com 4.0% twitter.com 2.4% yahoo! 1.4% drudgereport.com 1.1% flipboard.com 0.9% bing 0.9% linkedin.com 0.8% reddit.com 0.7% traffic.outbrain.com 26k World Economy 46% 45% 9% U.S. Presidential Politics TRUMP CLINTON PRESIDENT CAMPAIGN DONALD REPUBLICAN COMMON WORDS IN POSTS PRESIDENTIAL ELECTION HILLARY OBAMA PARTY DEMOCRATIC CANDIDATE POLITICAL SANDERS WHITE HOUSE VOTE COUNTRY DEBATE AMERICA WOMEN AMERICAN FORMER CRUZ NATIONAL S NEWS VOTERS 59.5% 24.6% 4.3% news.google.com 4.1% twitter.com 1.9% drudgereport.com 1.1% yahoo! 0.9% bing 0.7% reddit.com 110k U.S. Pres. Politics 15.9% 43% 47% 10% WWW./AUTHORITY

National Security GOVERNMENT PRESIDENT MINISTER COUNTRY SECURITY FREEDOM MILITARY POLICE GROUP WAR INTERNATIONAL SEPTEMBER ISLAMIC SOUTH KILLED FORCES ATTACK UNITED ATTACKS PHOTO AP CUBE SYRIA 41.3% 29.7% 28.9% 6.4% news.google.com 5.4% drudgereport.com 4.2% twitter.com 4.0% yahoo! 1.8% traffic.outbrain.com 1.2% bing 49k National Security 47% 43% 10% State & Local Politics COMMON WORDS IN POSTS TAX VOTE ELECTION PUBLIC BOARD BILL GOVERNMENT COMMITTEE VOTERS COUNCIL MARIJUANA DISTRICT SHOW HEALTH LAW SINGLE SENATE VOTING BUDGET FEDERAL WATER Local Events WATER PARK FOOD HOME ST INFORMATION COMMUNITY CENTER CHURCH SCHOOL FAMILY STREET NORTH HOUSE PLACE ROAD LOCAL AREA TOWN OPEN HIGH ART BUILDING SOUTH ROOM VISIT EVENT 42.2% 35.5% 22.3% 61.4% 26.2% 12.3% 6.9% news.google.com 3.6% twitter.com 2.3% bing 1.9% stumbleupon.com 1.8% yahoo! 1.7% drudgereport.com 1.1% reddit.com 2.2% twitter.com 2.1% yahoo! 1.0% news.google.com 0.9% flipboard.com 0.8% bing 0.7% pinterest.com 0.5% drudgereport.com 0.5% stumbleupon.com 17k State & Local Pol. 42% 46% 11% 96k Local Events 43% 47% 11% WWW./AUTHORITY

Local Crime & Incidents COMMON WORDS IN POSTS POLICE MAN OFFICERS FIRE HOSPITAL OFFICER CAR NEWS DEPARTMENT REPORTED SHOOTING VEHICLE KILLED WOMAN STREET FOUND NEAR AREA ROAD HOME SHOT T FAMILY SCENE DIED 52.7% 24.6% 22.6% 5.6% news.google.com 5.0% yahoo! 3.2% twitter.com 2.1% drudgereport.com 1.7% bing 1.1% traffic.outbrain.com 98k Lcl. Crime & Incdts. 36% 53% 11% Criminal Justice COURT POLICE CASE JUDGE LAW ATTORNEY CHARGES FEDERAL FOUND T INVESTIGATION INFORMATION DEPARTMENT CRIMINAL CHARGED SCHOOL JUSTICE FORMER PRISON PUBLIC DEATH OFFICE LEGAL TRIAL NEWS MAN 53.5% 24.4% 22.2% 4.2% twitter.com 4.2% yahoo! 4.1% news.google.com 2.0% drudgereport.com 1.6% bing 1.3% reddit.com 55k Criminal Justice 42% 47% 10% Business & Finance COMPANY MILLION BUSINESS MARKET INFORMATION FINANCIAL QUARTER INCOME GLOBAL SALES NET MANAGEMENT MENTS OPERATING COMPANIES FORWARD SERVICES REVENUE MONTHS LOOKING RESULTS ENDED BILLION BASED TOTAL STOCK CASH PER BIZ INC 46.9% 14.1% 39.0% 7.2% news.google.com 6.7% twitter.com 4.8% linkedin.com 3.5% drudgereport.com 3.4% yahoo! 2.8% finance.yahoo.com 1.7% flipboard.com 1.3% reddit.com 1.3% bing 39k Business & Finance 56% 37% 7% WWW./AUTHORITY

Sports GAME SEASON TEAM GAMES POINTS LEAGUE FOUR PLAY WIN ELECTRIC PLAYERS COACH HOME LEFT RUN FIVE SCORED NIGHT FIELD FINAL GOAL HALF LEAD BALL TOP SIX 50.4% 19.2% 30.4% 10.6% twitter.com 4.7% m.bleacherreport.com 3.4% yahoo! 2.7% news.google.com 1.6% bleacherreport.com 1.3% bing 1.1% traffic.outbrain.com 210k Sports 36% 52% 13% Entertainment SEASON SHOW GAME BEST FILM STAR LITTLE SERIES STORY MOVIE MUSIC GREAT NIGHT SINCE LOOK NEXT TEAM TAKE FANS LOVE LIFE PLAY MAN GO 10.1% 60.8% 29.1% 3.1% twitter.com 1.1% yahoo! 1.0% news.google.com 1.0% traffic.outbrain.com 0.8% bing 0.4% flipboard.com 0.4% zergnet.com 190k Entertainment 36% 56% 7% Lifestyle LIFE LIVE SOMETHING THINGS ONLINE WATCH WOMEN TAKE HELP FEEL LOVE GO FACEBOOK SOMEONE PERSON LITTLE FAMILY ALWAYS MIGHT MEDIA SOCIAL THING LOOK COME BEST 6.7% 6.2% 87.1% 1.9% twitter.com 0.7% linkedin.com 0.5% yahoo! 0.4% stumbleupon.com 0.3% news.google.com 0.3% traffic.outbrain.com 0.2% pinterest.com 110k Lifestyle 32% 63% 6% WWW./AUTHORITY

Technology UNIVERSITY CAR CARS TECHNOLOGY COMPONENT WINDOWS COMPANY COLLEGE iphone GOOGLE DRIVING REPLACE DRIVER SYSTEM PHONE APPLE VIDEO VERSE GAME TAKE BEST RACE TOP APP GO 60.8% 21.3% 18.0% 3.6% news.google.com 3.1% twitter.com 1.9% yahoo! 1.4% reddit.com 1.4% flipboard.com 1.1% bing 67k Technology 54% 38% 8% Job Postings EXPERIENCE MUST DATA RESUME SERVICE APPLY IMAGE CALL REQUIRED POSITION SKILLS EMAIL JOB OPPORTUNITY CUSTOMER AVAILABLE COMPANY BENEFITS SEEKING OFFICE PLEASE SALES TEAM PART 3.7% 84.4% 11.9% 1.0% bing 0.6% yahoo! 0.6% news.google.com 0.4% twitter.com 0.2% news360.com 2.7k Job Postings 44% 48% 8% Education & Research COMMON WORDS IN POSTS PERCENT STUDENTS SCHOOL MARKET REPORT HIGH EDUCATION RESEARCH HEALTH DATA GOVERNMENT UNIVERSITY PROGRAM BUSINESS SCHOOLS ECONOMIC INDUSTRY SYSTEM MILLION GLOBAL GROWTH PUBLIC STUDY HELP RATE LOW 58.9% 21.3% 19.8% 4.3% news.google.com 3.7% twitter.com 2.2% yahoo! 1.9% drudgereport.com 1.7% linkedin.com 1.0% reddit.com 36k Edu. & Research 47% 46% 7% WWW./AUTHORITY

Summary As shown across these topics, external traffic can vary significantly. For example, articles included in the lifestyle topic receive 87 percent of their external traffic from, whereas Google search generates 60 percent for articles in technology. Traffic from Twitter can make up from below 1 percent to 10 percent depending on the topic. Having these references can help publishers make informed decisions about where to promote specific articles and increase the diversity of traffic sources to their content. Methodology To detect topics we started with a corpus of articles from the Parse.ly network that were published in 2016. We removed articles whose full text was either (1) not written in English, or (2) shorter than 600 characters. This left us with 10,020,061 articles in our corpus. We then removed common words from each document in the corpus and used the open-source Apache Spark to vectorize the corpus and run the LDA topic modelling algorithm on it. We used a vocabulary size of 100,000 words, set the alpha parameter to 0.15 for each topic, the beta parameter to 30/vocab_size. We fit the LDA model using the mini-batch optimizer in 20 batches, each of which covered 5 percent of the corpus. The most important parameter for this model is k, the number of topics to detect. In this application, we were interested in high-level topics, so we knew a priori that we would set k between 10 and 25. We experimented with values of k in this range, each time manually inspecting the set of top words in each topic to get a sense of how coherent topics were, and to what extent overlapping topics were detected, and we found the best results when k=18. Three of the topics simply indicated whether metadata (such as HTML or JavaScript) or other technical details (such as whether certain commenting systems were used) had leaked into the full text we left those out of this analysis. We also removed one topic whose top words seemed incoherent. For this report, we selected the articles that fell cleanly into one category that is, those articles where the LDA model believed at least two thirds of the words were generated by a single topic. This left us with a subset of just over 1 million articles that we could cleanly assign to a single topic. Referral percentages reported are the percent of identifiable, external referral traffic that articles received. Internal or dark referral traffic is not included. Top referrers in the Parse.ly network Taking a broader look at external referral traffic across our whole network, the Parse.ly referral dashboard allows you to track changes of the biggest referrers over time. View more referrers and dive into more detail at: www.parsely.com/referrer-dashboard 50% percent of external referrals 40% Top referrers by external referral contribution on May 16, 2017 (40%) * (37%) Twitter (2.3%) Yahoo! (1.8%) 30% 20% 10% Jul, 2016 Aug Sep Oct Nov Dec Jan Feb Mar Apr May, 2017 The confidence range associated with a referral source depicts the percentage of potential referral traffic across the entire online publishing industry. * Traffic from Google AMP is not currently included in. About Parse.ly Parse.ly empowers companies to understand, own and improve digital audience engagement through data, so they can ensure the work they do makes the impact it deserves. Our clients, who include some of the largest media companies in the world, harness their content s potential through VISIT our US real-time and historical analytics dashboard, API, and data pipeline. SEE PAST REPORTS AND SUBSCRIBE FOR FUTURE RELEASES SEE PAST REPORTS AND WWW./AUTHORITY SUBSCRIBE TO FUTURE RELEASES WWW./AUTHORITY