New business models for news
Here’s a first draft - sure to change - of a presentation I plan to give to open and set the table for the New Business Models for News Summit at CUNY. I won’t go through it lline-by-line that morning; I added more detail since I’m posting it here for your comment, correction, questions, arguments.
I should add that the conference is now oversubscribed for the space. Sorry.
Tags: cuny, newbiznews, wwgd
October 12th, 2008 at 3:48 pm
Looks great. Will there be a video (live/stored) of the talk? Atleast an audio recording?
October 13th, 2008 at 4:35 am
[...] to the purity of journalism in the past appear to be playing their part in forging its future. [See here for Jeff Jarvis’ latest attempt to understand new business models for journalism.] [...]
October 13th, 2008 at 6:23 am
[...] This lead me again to Jeff Jarvises blog and a post containing a draft of a presentation containing new business models for newspapers which I though was great. Further down the line I stumbled upon a post by Digi Dave saying: If you [...]
October 13th, 2008 at 7:36 am
You must be happy about this trend: The New York Times reported this morning that news organizations are actually starting to embrace linking to other online publications (”Mainstream News Outlets Start Linking to Other Sites“).
October 13th, 2008 at 5:38 pm
Jeff, you may be too conservative! You say: “Do what you do best, link to the rest” and you present the “distributed” case, yet when you list “Newsroom efficiencies” you’ve staffed an organization that, like today’s newsrooms, tries to do everything.
My guess is that the care, feeding, selection, editing, and career path for sports reporters is distinctly different from that required for entertainment or business reporters. Thus, I would expect that in a really distributed newsroom, the sports reporters would probably work for a sports news network that was, in many ways, distinct from the entertainment, local news, culture, or business news networks. I imagine that sports reporters and business journalists would start working in the boondocks and then, as they develop their skills, they would migrate to cover stories with broader scope — potentially after having moved within their organizations to different towns.
It makes sense that a “newsroom’ might provide common local facilities for journalists covering a variety of topics, but it doesn’t necessarily make sense to have them all on the same budget — or even working for the same corporation. One extreme model would have the “newsroom” budgeted simply as an “office hotel” that leased space to local journalists and focused primarily on facilities support and “curating” of a local view of news. In such a newsroom, the only journalists who actually work for the newsroom itself would be those that covered hyper-local general news.
bob wyman
October 13th, 2008 at 10:14 pm
[...] New business models for news [...]
October 13th, 2008 at 10:34 pm
[...] New business models for news [...]
October 14th, 2008 at 4:32 am
[...] link, ad assorbire le dinamiche cooperative della rete, a comprendere che il linking è altresì un modello di business fondato sulle relazioni, un sistema produttivo decentrato e spesso [...]
October 14th, 2008 at 7:01 am
[...] New business models for news [...]
October 14th, 2008 at 10:58 pm
I like your focus on local news. I think that is where the biggest value add is created.
I think your WWGD idea is misguided. Keyword search advertising has nothing to do with online news publication, in my opinion. Apples and oranges — keyword search is closely connected to an ecommerce transaction, while online news is not.
My suggestion: do a bit more with the only other area of online advertising (other than keyword search) that works: classified advertising pageviews. A presentation filed by Yahoo! with the SEC earlier this year showed an expected CPM for search page views of $40 and an expected CPM for classified page views of $50. Classified page views actually pay better than search page views, according to Yahoo!
Here is a link to that presentation from Yahoo!:
http://www.sec.gov/Archives/edgar/data/1011006/000095013408004973/f38938exv99w2.htm
Your focus on local news ties in nicely with classified advertising. There could be an opportunity there for your industry.
October 15th, 2008 at 2:19 am
[...] expone las coincidencias que comparte con Jeff Jarvis sobre el nuevo negocio de los medios y avanza en algunas [...]
October 17th, 2008 at 9:20 am
[...] redituables económicamente. Están en sintonía con lo que piensa Jeff Jarvis sobre el tema (ver New business models for news, que tiene una presentación bien clara sobre el tema). 1. La necesidad de un nuevo periodismo más [...]
October 17th, 2008 at 6:32 pm
[...] seems Jervis is who’s better understood this and he himself proposes ‘a new business model for news‘. It’s worth a look, even if it’s just the presentation and it lacks substance. [...]
October 19th, 2008 at 11:19 am
[...] Jarvis nos cuenta lo mismo en su blog BuzzMachine, donde nos explica además que el nuevo modelo debe incluso cambiar el concepto de redacción, que [...]
November 5th, 2008 at 10:19 pm
[...] bien reconoce que el borrador es algo que aún se mantiene en fase beta y está a la espera de cualquier comentario, las ganas por querer dar con un nuevo modelo que logre financiar con relativa solvencia el [...]
November 7th, 2008 at 12:40 pm
I agree with Chris (a rare thing!)
November 21st, 2008 at 10:00 am
[...] close, you might revisit Jeff Jarvis’ take on future business models for [...]
November 21st, 2008 at 10:11 pm
[...] the function of journalism in a democracy. Most conversations today continue to revolve around how we support journalism as the traditional infrastructure for news crumbles. My hunch is we’re slighting a [...]