I mostly buy into the theory that one reason newspaper organizations have typically made modest rather than big bets on new digital businesses is the wild success they enjoyed over decades under their old model.
So when Michael Riley, installed in May as CEO and editor-in-chief of the Chronicle of Higher Education, told me 10 days ago that it was launching what he hopes will be a breakout new digital service, I wanted to hear more. In its little bailiwick, the Chronicle has had as sweet a sustained run of business and editorial success as any newspaper I can think of.
Nearing its 50th birthday, the publication had the equivalent of a garage start-up. Corbin Gwaltney, the editor of the John Hopkins alumni magazine, organized his peers at other elite colleges to pool coverage of trends and happenings in the academy.… Read more