Articles about "Business models"


Guardian builds a business around ‘snacking’

Journalism.co.uk | CJR | PressGazette

Guardian CEO Andrew Miller told attendees of the Digital Media Strategies conference in London that his publication doesn’t assume readers stay with one news source all day long, Rachel Bartlett reports. Keeping the doors to its journalism open, Miller said, means a big audience outside the publication’s native U.K. And indeed the Guardian recently reported double-digit growth in digital revenue.

“The reality of the world is that people snack,” he said, and the Guardian approach is to “build a business around that”, he added.

Miller said entities that refer traffic to the Guardian “aren’t our enemies, these are our friends.” He said it’s “essential to our business model to ensure our journalism is read,” Bartlett reports.

“This isn’t about trying to protect old business models.

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What Marc Andreessen got right and got wrong in his future of news manifesto

When the history of journalism’s turnaround is written some years hence, I think 2013 and 2014 will go down as years when Internet billionaires, the new Carnegies and Rockefellers, stepped into the fray in a big way — Jeff Bezos, Pierre Omidyar (and let’s not forget more traditional rich guys John Henry and Warren Buffett).

Now comes Marc Andreessen, Netscape founder and venture capitalist, with a take on the future of the business that is wildly optimistic, dare we say, irrationally exuberant.

His essay last week on where news is headed, well summarized in a Wired piece and readable itself, projects exponential growth in market demand. Andreessen sees solid Internet businesses with strong financial backing coming into their own even as legacy platforms continue to falter.… Read more

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At Circa, it’s not about ‘chunkifying’ news but adding structure

You sometimes hear what we do at Circa described as “chunkifying” — taking the news and presenting it in mobile-friendly chunks. And while on the surface this observation is correct, it misses the bigger picture.

Yes, each “point” of Circa is a single unit of news — something designated as a fact, quote, statistic, event or image. We thread these points together to tell stories. The end result is succinct and allows us to track which points a reader has consumed, powering our unique “follow” feature.

But I often respond to talk of chunkifying by pointing out that what we’re really doing at Circa is adding structure to information — and it could be the most powerful thing we do. Indeed, there’s an increasing amount of discussion around “atoms” of news.… Read more

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Copy-spaced image of a young man drinking morning coffee and reading the newspaper at home (Depositphotos)

Why is local news innovation struggling financially while national thrives?

On the national level, we’ve seen an exciting burst of investment and innovation in digital news.

The New York Times crowed that “Web News Is Thriving,” the evidence being that Ezra Klein, the wonk’s wonk, is starting an explanatory journalism venture at Vox Media. This comes soon after the news that eBay founder Pierre Omidyar is doing a massive $250 million investment in a new journalism project. And the success of BuzzFeed, Upworthy and Huffington Post has showed that content oriented sites can be business successes.

But the headlines are bleaker when it comes to local news. With a fresh round of layoffs, Patch has now purged three-quarters of its workforce. Main Street Connect, a platform for local news that got much attention a few years ago, filed for bankruptcy in May 2013.… Read more

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Poynter's Future of News Audiences conference kicks off Sunday with a discussion on demographic trends with Paul Taylor, executive vice president of special projects at the Pew Research Center, and moderator Jill Geisler, Poynter senior faculty, leadership and management. (Dave Pierson/The Poynter Institute)

Future of News Audiences: what’s next as young fail to become strong news consumers

Paul Taylor, executive vice president of special projects at the Pew Research Center, talks about demographic trends impacting the news industry, at a Poynter discussion moderated by Jill Geisler, Poynter senior faculty, leadership and management.

Journalism executives and other participants at Poynter’s Future of News Audiences conference heard Sunday night what some would have preferred not to hear: younger generations simply aren’t growing into dedicated consumers of news the way their parents and grandparents did.

As young adults age and begin families, the theory goes, they start to care more about the world around them and read the news — a development that would help reverse the fortunes of news organizations which have seen precipitous declines in their audience numbers. But this may be a false hope — so far there is no “life cycle” effect, at least none that can be detected.… Read more

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Understanding opportunities and challenges in sponsored content (Replay chat)

Shane Snow, cofounder with two friends of Contently, manages a network of 25,000 freelancers. According to Contently’s website, the sweet spot where these freelancers thrive is creating content for “brands, nonprofits, and lean new media companies.”

Snow and his team, described as a mashup of journalists and nerds, are on the front edge of branded content or native advertising.

Forbes, a Contently client, recognized Snow this month in “30 under 30: These People are Building the Media Companies of Tomorrow.”

Snow joined us for a live chat on the opportunities, challenges and values of sponsored content.

Participants asked Snow about the ins and outs of branded content.

Twitter users can participate in any Poynter live chat using the hashtag #poynterchats. You can revisit this page at any time to replay the chat after it has ended.… Read more

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How news nonprofits are making money

How can nonprofit news organizations diversify their revenue streams? A recent report from the Knight Foundation surveyed 18 nonprofit news outlets between 2010 to 2012 to find the most effective practices in the areas of finances, organizational structure and audience engagement.

Although most nonprofits increased revenue, relying less on foundation grants and bringing in money from individual donors, sponsorships, events and syndication, financial stability is still a big concern for nonprofit news.

Our guests: Anne Galloway, the founder and editor of Vermont-based VTDiggerMark Katches, the editorial director of the California-based Center for Investigative Reporting, and Mayur Patel, the Knight Foundation’s vice president of strategy and assessment.

VTDigger is a five-year-old organization with six full-time employees and an annual budget under $400,000; CIR was founded in 1977 and has a staff of 73 and a budget of $10 million.… Read more

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For Modern Farmer, farm stands hold more promise than newsstands

When Modern Farmer launched its GoatCam in September, Editor-in-Chief Ann Marie Gardner was surprised to hear from people working at the Pentagon.

“They had a suggestion for changing the angle of the camera so they could see the goats better,” Gardner said in a phone interview.

Gardner (Photo by David Harriman)

Modern Farmer is proving adept at finding audiences in places one wouldn’t expect. Since launching this past April, its article on why cow-tipping is nearly impossible has become a viral hit, BuzzFeed’s Katie Notopoulos has written about how to behave at a farmers market and President Clinton has jawed about farming in its pages. (He remembers he once “badly lost a head-butting contest to a ram.”)

The Hudson, N.Y.-based publication offers a daily report online as well as a quarterly print magazine.… Read more

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Belo Newspaper Spinoff

At Dallas Morning News, digital is a complement to print, not a substitute

There’s definitely something different about The Dallas Morning News’ new premium website: Unlike the Boston Globe’s two-website strategy, for instance, people who subscribe aren’t getting exclusive articles, but they are getting more photos and fewer ads.

Is that worth $2.99 per week? As Nieman Lab director (and former Dallas Morning News reporter) Joshua Benton tweeted, that doesn’t seem like a great deal:

Not surprisingly, that’s not how The Dallas Morning News looks at this new product, which is meant to replace its paywall as a source of revenue from digital readers. Reached by phone, News chief marketing officer Jason Dyer said the company’s research showed that “our print reader doesn’t see digital as a substitute for print.… Read more

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Nonprofit journalism sites are proving to be healthy but slow to scale

A recent Pew Research Center/Knight Foundation roundtable conference on the future of nonprofit journalism had the feeling of an annual physical. After three hours of poking and probing, the sector was found to be slowly getting stronger but with some serious lingering issues.

On the good news half of the examination, sites aimed at doing serious journalism, often investigative, are growing in number. Pew counted 174 in a study released this June.  And some potential heavyweight funders, including the Bill and Melinda Gates Foundation and MacArthur Foundation, were represented at the meeting.

Another plus is that many of the nonprofit startups are finding partners in legacy media willing to publish their reports to a wider audience. Many ProPublica stories have a national or regional publishing partner, and the Tampa Bay Times’ recent expose of America’s worst charities was a joint project with the Center for Investigative Reporting and CNN.… Read more

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