Jay Rosen, journalism teacher at NYU and long-time blogger on new media, has collected a list of ways news production can be subsidised. He differentiates between business models and subsidies because he notes that news production has always been subsidised in one way or another, whether by a wealthy owner or advertisers. Here are the [...]
Here’s one way to add value for readers above and beyond the daily news – and add a revenue stream at the same time. The New York Times runs online courses for its readers, which include sessions with the paper’s columnists. Nieman Lab reports: They’re offering week-long, largely online courses for Times readers who pay [...]
Paul Bradshaw posted a primer a while back on how the web has changed the economics of news. It’s a good read if you’re new to thinking about new media business models but also well worth reading as a refresher. From the post: 1. Atomisation of news consumption In the physical world news came as [...]
A provocative line from Silicon Alley Insider suggesting that since newspapers are not proving very adept at publishing and selling advertising online, maybe they should just pare their business down and stick to print.
From Clay Shirky a demolition of the notion that some form of micropayments can save publishers: The essential thing to understand about small payments is that users don’t like being nickel-and-dimed. We have the phrase ‘nickel-and-dimed’ because this dislike is both general and strong. The result is that small payment systems don’t survive contact with online markets, because we express our hatred of small payments by switching to alternatives, whether supported by subscription or subsidy.
This post by Paul Robinson should be mandatory reading. I think he hits a few nails on the head. Firstly about news organisations looking to blame everyone but themselves for their current predicament. They need to radically restructure their organisations - every department, every process.
If you're following the threads about business models for news, this post is too much fun to pass up.
More on business models. This time Henry Blodget of Silicon Alley Insider offers a business model to the New York Times which comprises cutting costs by 40%, raising the price of the print subscription and introducing an online subscription. It’s an interesting read. 3. Explore Charging An Online Subscription Fee Before you scream that we [...]
I've lost count of how many stories I've bookmarked lately about potential business models for news. It's clearly occupying a lot of minds at the moment. Here are just a few links:
The Carnival of Journalism, a group of journalism bloggers who collectively tackle a particular topic each month or so, have convened to discuss this question: How do you financially support journalism online? So if you're interested in business models for journalism it might be worth keeping an eye on.
Tuesday, November 24, 2009
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