Archive for December, 2007

Newspapers v. Facebook

Thursday, December 13th, 2007

While in Sweden…. The new editor of Aftonbladet says they learned in a focus group with 20somethings that their major competition for time is Facebook.

I had a somewhat related conversation with my entrepreneurial students yesterday as we debated what properly can be defined as a journalistic enterprise, or part of one. This is a business variant on the who-is-a-journalist debate. But I argued that the real question is, what is the role of the journalistic institution in its community? Is it merely to inform or is it also to organize (which, not coincidentally, is the advice of Facebook founder Mark Zuckerberg: bring your community elegant organization)?

Is a social service that helps local sports players organize properly part of a journalistic organization? For that matter, I’d argue, is a sports section? If we define journalism merely as reported content, then perhaps not. But if we define the larger role of the news organization to help its community organize itself, then social applications — even about sports — are properly part of the mission. I think we need to define the role of the news organization broadly, especially until we figure out what works.

So should Aftonbladet view Facebook as competition for attention — or its mission? I’m not suggesting that Aftonbladet should start its own social network; that would be the reflex of most media companies (we do it all ourselves). Instead, the question should be how to help the community where it is, doing what it does.

If I were making Facebook applications for news organizations now, I wouldn’t be making quizzes and such fripperies. I’d be figuring out how to get news that matters to you in your news feed. I’d be finding ways to tie you with other people who share your interest and know what you want to know. I’d find ways to enable you to recommend more news to your friends.

Seen this way, Facebook isn’t a competitor for a newspaper. It’s just another place to help your community.

(Aftonbladet news found via Media Culpa — which, by the way, is a great name for a blog.)

Every page a home page

Wednesday, December 12th, 2007

I went to Aftonbladet.se, the site of the large Swedish tabloid, to check out what Martin Stabe pointed me to: the impact of a paper’s site adding blog links to those bloggers. It’s a nice feature with popup profiles of the bloggers at each link.

But I discovered something even more interesting: We’ve heard news sites preach the gospel of making “every page a home page” since readers more and more are coming into content directly from search and links and not from a packaged home page. This presents the challenge of how to promote and lure readers to more content.

Well, Aftonbladet seems to have taken the every-page-a-home-page strategy quite literally: As I clicked around from story to story, the bottom half of each page was filled with the content from the home page. The home page followed me around, trying to tempt me to try something else they’d packaged and recommended.

The aggregated Times

Tuesday, December 11th, 2007

Relevant to yesterday’s post about the NYTimes Company’s International Herald Tribune outsourcing part of its business coverage to Reuters, Times Online in London says talks are underway for a deal with Mothership Times as well. Clearly, this would be a way for both to compete with the soon-to-be-invigorated Wall Street Journal.

Entrepreneurial lessons

Monday, December 10th, 2007

I’m trying to catalogue some of the lessons I learned in my entrepreneurial journalism course at CUNY. There’ll be more, especially after the students and I share our postmortem in the final class, Wednesday. But here’s a start.

The students presented a dozen businesses to a dozen jurors who had it in their power to award up to $50,000 in seed money (thanks to a grant from the McCormick Tribune Foundation). I have said from the start that I couldn’t be too open about the class because these are the students’ proprietary ideas and if one of them has the next Google (or New York Times, for that matter), I don’t want to ruin it. So I’ll be brief (Saul Hansell already deftly and succinctly described many of them). And, besides, maybe one of you would like to invest:

The jurors were quite engaged by a proposal to have the public help decide what followup stories journalists should do. Other likely grantees (if the entrepreneurs answer some questions and meet some conditions): a multimedia blog serving BedStuy; a service to help high-school athletes sell themselves; a content/social service helping people in their late 20s and early 30s with personal finance even if they think it is boring; and an already-started online magazine for and by Muslim women (which has already sold an impressive 1,500 subscriptions at $20 each). The rest did not receive grants but as I told the students after the judging, I have taken businesses to some of the people on that very jury who turned them down, but those businesses went on to get funding and launch. That’s how startups work: seduction. There are more very good proposals in the bunch: a hyperlocal tourist site in Oregon (it was too small for the majority of judges but that’s precisely why it was a particular favorite of some of the others); a social site for teen girls built on existing social networks; a metablog and search engine for the best of the music blogs; a hyperlocal green blog, community, and directory; a social network for big-team sports fans; a series of videos about successful black businesswomen; and a site that captures what’s really happening in leading cities around the world from journalists working there.

The jurors — again, the list is here; they brought many distinct perspectives — were, I’m glad to say, quite engaged in the process. They asked very good questions — that’s what yields many of my lessons learned, below. They were passionate in their deliberations. And here’s the best part: Jurors volunteered to act as mentors to the students’ businesses. I couldn’t have asked for more from them.

So, some lessons:

* You can never be short and clear enough in your elevator pitch. This was one of the first things I told the students when we started together. When my old boss Steve Newhouse talked with the class, he told them about a company he’d bought, explaining what it did in 17 words, which he counted on his fingers as he told the students they should all do likewise. But at our jurying session last week, I saw the judges get confused a few times, and hearing these pitches through their ears, I understood why. In Hollywood, this is called high-concept: the show you can describe in one phrase (’It’s Cheers meets Survivor and the audience gets to vote Cliff off the bar’). We make fun of that; it’s a sign of dumbed-down TV. But startups are different from sitcoms. If you can’t describe what you’re doing — to customers as well as investors — in 17 words, then you’re probably trying to do too much or you haven’t worked hard enough to define what you are doing or you simply aren’t describing it well and you’re going to lose people.

* I also wasn’t tough enough on the competitive analyses. They all did them, but the judges hammered hard on the marketplace. It is almost inevitable that when someone with a startup is asked about competition, he or she will answer, “none.” But I told the students that’s never true and, besides, in a networked world, you actually want company in your space. It gives you something to link to and it gives you an analogue others will understand. You can always be better than your competition, unless there is simply too much of it (which was the judges’ issue with a few of the students’ businesses).

* In one of the early classes, Jim Kennedy, VP for strategy at the Associated Press, heard all of the students’ then-still-nascent ideas, gave feedback to each, and then said: Well, guys you’ve all proposed websites; what’s up with that? We felt properly chastened and old-fartish. This is what inspired more than one of the students to build their businesses where they should have been conceived, atop existing social networks and platforms. And during the jurying, Fred Wilson also pushed one student to include SMS or Twitter feeds from the audience’s mobile phones as news. We should have spent some more time cataloguing the possibilities. That’s what the web is really all about: new possibilities, new opportunities. Hansell is right in his blog post: A critical lesson from the class is that media enterprises can be started atop existing platforms. So next time, we will catalogue them.

* I also required the students to formulate marketing plans — which, in most cases, means an analysis of social and viral potential. It was very hard for them to come up with comparable audience numbers and that is the underpinning of any media business plan. I’m not sure what to do about that. I also pushed students to do market research: to interview their customers (it’s just reporting). Those who listened that that benefiteed (one business, for example, changed its target audience when it found that the original target wasn’t as interested as they thought).

* I’m glad I spent a lot of time on advertising, getting down to the details of CPM, CPC, CPA, RPM, and all that. It was foreign to all the students — as it is to many or most journalists — but as they well understood, this is how they’re going to eat. The idea of selling ads is properly daunting for them, but the good news is that ad networks are beginning to emerge that may help support media enterprises such as these. At the end of a three-hour class session on ads, I asked whether the students were OK with what they’d just heard and one said, with a wry grin, “Well, that’s journalism.” A fellow student didn’t see or hear his irony and jumped down his throat, lecturing him about why we have to understand how to sustain and support journalism or else they won’t have jobs and we won’t have reporting. It was one of those moments in class you can’t pay for.

* My not-so-hidden agenda in the class was to teach journalists about business and sustaining journalism and I hope that mission was accomplished. Whether they start their own businesses or become managers or just so they can make wise career choices, I believe it’s necessary to understand the pressures and opportunities presented by the change in the economics of media.

* Journalistic entrepreneurship is not an oxymoron. To my amazement, every single one of the students said they wanted to start these businesses; I was hoping one or two might be so ambitious and independent. Now, of course, real job offers with real salaries will properly distract some of them. But the fact that these young journalists want to think entrepreneurially surprises and delights me. The fact that they realize they may need to work independently should surprise no one. It is a lesson to the industry: Give this kind of talent an opportunity to invent and innovate and they will.

* But we need an incubator. These businesses need ongoing advice and nurturing, most do. Just during the semester, I quickly learned that each student-entrepreneur and business needed even more individual attention than I’d anticipated; they and their needs were unique. If we are going to get innovation in the news and media businesses, then we need to bring help and resources to the effort. Just as big, old media companies can’t just sit there and think that the future will come to them — when, instead, it’s passing them by — so the industry has to actively support innovation with incubation. I have plans. More on that another day.

Bottom line: I loved being in this class. The course itself was a risky venture but it surpassed my expectations. As I’ve said here, I felt as if I were on the board of a dozen exciting startups. It was energizing working with the students’ creativity and passion — which was only intensified, frankly, by the possibility of real money (a stronger motivator than grades). I hope this also sends a small message to the industry about the possibilities for and need for innovation. And I hope at least one of these students might end up being the Pulitzer, Hearst, Ochs, Sarnoff, or Paley of this century. Could happen.

The aggregated newspaper

Monday, December 10th, 2007

The Reuters deal to provide business content to the International Herald Tribune online and in print — and share revenue with associated advertising — could, I think, be a model for other news organizationst to take care of commodity news.

Why shouldn’t newspapers across the country — which have pretty universally bad business sections — do likewise for national and international business news? Why couldn’t ESPN provide them with national sports? People magazine with celebrity news? Prevention with health news. And so on and so on with brands and content from Consumer Reports to TMZ. It also makes sense for chains to centralize the editing and production of commodity news.

This is more than syndication: buying a piece of content. This is a form of outsourcing — you take care of that so I don’t have do (and so I can concentrate on my real value — hint: local). And it’s not unprecedented. When I was Sunday editor of the Daily News in New York, I worked to get the Tribune syndicate to take over not just the supplying of content for but the editing of all the paper’s TV listings and coverage so we could have taken the two headcount devoted to that and use them for more valuable reporting. This is also what a colleague of mine and I pushed the Associated Press to do online many years ago when they started a cobranded news destination site when we said they should have cut themselves up to be distributed wherever. It’s widgetthink and though CNET refuses to call what they’re doing widgets — I wouldn’t know why — it is also engaging in a distributed strategy, according to PaidContent.

It makes sense for both ends of the transaction: The creator of the content gets distributed and gets revenue without having to create a destination and market it and generate all its revenue there. The aggregator gets content at low cost and risk with a good brand and gets to devote resources to its unique value: Do what you do best and link to the rest.

The world from a purse

Monday, December 10th, 2007

I’m amused that the Times is wowed that Fox News has a small trick that can broadcast TV while moving.

Except iJustine can do that with nothing more than her purse.

Years ago, I told a friend of mine at News Corp. that TV should be putting web cams in the homes, offices, and even cars of experts and sources so they could go on the air anywhere, anytime. One of her TV colleagues pooh-poohed the idea, insisting that this wouldn’t give them “broadcast quality” (is that an oxymoron?).

And, of course, soon you won’t even need Justine’s purse. I met last week with Nic Fulton, who has been leading the mobile journalist project using a stock Nokia phone with software that lets a journalist publish video, audio, photos, and text. That’s not live — yet — but soon will be.

TV from a truck? Dern, what’ll they think of next?

It’s not the blog

Sunday, December 9th, 2007

A dozen huge companies — including Dell, Microsoft, General Motors, Cisco, Coca-Cola, Nokia, Wells Fargo — have just started a corporate Blog Council.

I’m glad that these big guys have embraced blogging. But I have one bit of advice for them:

Change the name now.

It’s not about blogging. I hate to call on the obvious platitude, but I will: It’s a conversation.

When I was in London, I sat with folks from the BBC in an afternoon devoted to blogging, and the woman next to me was troubled, bearing weight on her shoulders from having to fill her blog and manage her blog. To her, the blog was a thing, a beast that needed to be fed, a never-ending sheet of blank paper. I turned to her and said she should see past the blog. It’s not a show with a rundown that, without feeding, turns into dead air. Indeed, if you look at it that way, you’ll probably write crappy blog posts. I’ve said before that if I think I need to write a post just because I haven’t written one, I inevitably come out with something forced and bad. Instead, I blog when I find something interesting that I’ve seen and I think, ‘I have to tell my friends about that.’ You’re the friends. So yes, I said, it’s just a conversation. And reading — hearing what others are saying — is every bit as important as writing. It was as if scales were lifted from her eyes and weight from her back: She’s just talking with people.

And that is how I think the Blog Council should look at this: It’s not about them writing blog posts. It as much about them reading everybody else’s blog posts. And, besides, there are all kinds of new tools for the conversation: Twitter, Pownce, YouTube, Facebook, Dell’s IdeaStorm, and more being invented in dorm rooms coast-to-coast.

The other problem is that the language on the Council site is much about marketing — marketing to us. That’s understandable because these are marketing guys and it’s also likely true because this is being run by a leader in the Word of Mouth Marketing Association, a group whose existence and name has given me the willies. It implies that they can manage our mouths when, indeed, that’s the one thing that we, the customers, are fully in charge of. If they truly realize that we, the customers, are in charge, then that changes the way you comport yourself in this conversation. Again, you listen more than you speak.

So have the Council. Not a bad idea. But I suggest you call it the Conversation Council. Or better yet, the Listening Council. That alone would say as much as the best blog post.

: Guardian Unlimited’s Jemima Kiss is also cautious but open:

I remain a little sceptical, not least because I haven’t seen a corporate blog I’m really “wowed” with yet. But with a bit of luck, that’s what the Blog Council will serve up.

Alec Saunders is a big cynical about it, speculating that this is really about Googlejuice. There are other benefits. He concludes:

Good heavens, people! Get a grip! You don’t need a cozy little exclusive club to figure out what to do with blogs. Just get on the net, start talking to your customers and advocates, and start interacting with people outside the strictures of twentieth century command and control marketing. Council, Shmouncil!

Similar advice here from Scoble.

Dell blogger Lionel Menchaca says:

It’s also not about control. For me at least, that has been decided—companies don’t control the message, customers do. I hope that Dell (and other companies in the council that have made the leap into digital media) can work together to move companies past the false notion that we are still in control. I’ve talked to folks from other large companies and that reality scares the heck out of them. I think that’s the primary reason why less than 10% of Fortune 500 companies have a blog. That fear makes it a non-starter for many companies. . . .

Good corporate blogs force companies to look at things from a customer’s point of view. That’s why I want more large corporations to blog, and I want them to do it the right way. That means letting real people have real conversations just like individual blogs do. But it’s a bit different from a corporate perspective. Transparency is still key, but the reality for large corporations is that there are some things we can’t discuss. It’s a balancing act, and sometimes it’s a difficult one. But worth the risk? You bet it is.

: Disclosures: Last week, I spoke at GM (for pay) and I now know the blog team at Dell (where, of course, I have no commercial relationship).

Why I hate Yahoo, chapter 36

Sunday, December 9th, 2007

I have complained about Yahoo mail many times. About three years ago, I made the mistake of taking a Yahoo premium account — just to keep Yahoo from killing my account, which is its way of strongarming customers into paying. I canceled the account at least two years ago but just found it on my credit card bill. I spent 20 minutes on the phone with the Philippines trying to cancel the account and get a refund. They refuse to refund. The best part is that I asked for the guy’s name — Joe — and said I was going to blog about this, which I think is only fair. He told me to stop “recording” the call or he would terminate it. They can record. We can’t. Shades of AOL. Their attitude is every bit as bad as Comcast or AOL. Compare and contrast with Google. Yahoo is the last old-style company. It treats its customers like prisoners. They think they can make money telling us what we cannot do. Google has killed them for good reason. I never go to Yahoo. In a word: Yahoo sucks.

How to be an entrepreneur, journalistically

Friday, December 7th, 2007

Saul Hansell just wrote a wonderful post at the Times Bits blog about his experience as a juror in my entrepreneurial journalism class and how much entering the field of journalism has changed with so many new opportunities:

. . . . The ideas covered a wide range of topics — a hyper-local site for Bedford-Stuyvesant neighborhood of Brooklyn to a global magazine for Muslim women — but what struck me was how much an aspiring publisher can now count on technology services to accelerate many parts of starting a business. Google’s Ad Sense, of course, was on nearly everyone’s plan as a source of advertising revenue. There are specialized ad networks too that were relevant to some ideas. One of the judges, Courtney Williams, who runs the interactive division of Radio One, a black-oriented radio station group, offered to include the Bed-Stuy site in his new black-oriented online ad network.

One proposal for a music site wanted a music blog search feature and figured it could simply count on Google’s custom search engine capability rather than embarking on the daunting task of building its own search engine. An idea for a site about how to live the eco-conscious life, planned to use Meetup to connect to users.

Social networking, of course, was high in everyone’s minds. Several people planned to use Ning, the social-network-in-a-box service started by Marc Andreessen. But the most discussion was about Facebook, and in particular whether today you could start an entire online service entirely within Facebook. Several ideas —i ncluding a concept on personal finance for young people, a service meant to match high school athletes with college recruiters, and a site meant for teenage girls — all contemplated whether they could piggyback entirely on Facebook.

Even the most old fashioned idea—the magazine for Muslim women — was accelerated by technology. The magazine, called Sisters, has actually started, run in part by Doaa Elkady, a CUNY student. She told the jury that the market Sisters is aiming for would prefer a printed magazine to an online site. What is interesting is that Sisters is starting by distributing a digital version of the magazine in PDF format, and it has 1,500 subscribers paying $20 a year already. She asked for $6,000 for advertising that could double the subscriber base and enable the magazine to start a printed version, its ultimate goal.

Indeed, most of the students asked for between $5,000 and $15,000, with which they felt they could get their ideas up and running. (Most figured they would have to work part time to pay their own rent.) Even if those numbers were wildly optimistic, the fact remains that in today’s world you simply don’t need to be hired by a publishing company with ad salesmen, layout artists, and printing presses to get your ideas into the world.

It seems to be a great time to be starting out in journalism. Just don’t ask advice from anyone who has been in the business for more than five years.

I will write about my experience in and lessons from the class in greater depth this weekend.

God on Huckabee’s side?

Wednesday, December 5th, 2007

Incredible that this has gotten next-to-no coverage but at Falwell’s Liberty University, Mike Huckabee claimed divine providence as the reason for his rise in the polls. More and the video at Prezvid.

: LATER: Lots and lots of comment over at Comment is Free.

Whom do you Digg?

Wednesday, December 5th, 2007

Digg, the social news site, has created pages for all the candidates and already, there’s a rush to follow and befriend them. Tops on the Republican side: Ron Paul by a gigantic margin (they are a tenacious bunch, those Paulites… or are they the Ronnies?), followed by Huckabee, Thompson, Romney, then Giuliani. On the Democratic side: Obama followed by Kucinich (!), Gravel (!), Edwards, Clinton, and Biden.

True to form, Diggers find the stories that are overlooked in mainstream media. They’re also generally befriending the candidates overlooked by MSM.

(Crossposted from PrezVid.)

Up to the jury

Wednesday, December 5th, 2007

Today’s an exciting day for me at CUNY: the jurying of the students’ business proposals in my entrepreneurial journalism course.

Eleven businesses are up for the chance to receive an award of seed money (thanks to a two-year grant from the McCormick Tribune Foundation). It’s a wide range: hard news, hyperlocal, sports, personal finance, teen, green, culture, world news, even a magazine. They’ll each have five minutes to present the business and the jurors will have about seven minutes to ask questions and push and probe. Then we’ll retire to the jury room (wine, beer, humus, and kebabs to be served) and decide which businesses deserve seed money. The class requirement was that the students come up with a sustainable journalistic enterprise. At Clay Shirky’s suggestion, we’ll also judge them on innovation. But at the end, it’s all about risk: The jurors have a bit more than $45,000 available. They don’t need to grant any of it; it’s up to them. They will act as investors and put the money where it will have the best chance of succeeding.

The jurors are a stellar bunch, all very generous with their time and advice: Fred Wilson, VC; Joan Feeney, editor and a founder at Entertainment Weekly and CondeNet; Betsy Morgan, ex of CBSNews.com and now CEO of Huffington Post; Catherine Levene, COO of Daily Candy; Ed Sussman, head of digital at Fast Company and Inc.; Courtney Williams, an executive at Radio-One; Jim Willse, editor-in-chief of the Star-Ledger; Debbie Galant, founder of Baristanet; Rikki Tahta, founder of Covestor; Andy Weissman, VC, now of Betaworks; Clay Shirky of NYU’s ITP; Saul Hansell of the New York Times. Others who’ve spoken with the class and given them advice but couldn’t make today’s session: Steve Newhouse, Advance.net; Jim Kennedy, vp of strategy at the Associated Press; Marcel Reichart, vp of strategy at Burda; Craig Newmark of craigslist; Steven Johnson, founder of Outside.in; Dave Morgan, founder of Tacoda; Scott Meyer, CEO of About.com.

Only in New York could we have assembled such a cast of expertise in journalism, media, management, advertising, marketing, startups, and venture capital.

I’ll write about the class more after the jurying.





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