Is charity a business model? One would get that impression reading some of the stories that have appeared today.
There seems to be a common theme in some of today's media stories: Media Matters . . . raised roughly $10 million in 2009; this quote contained in a Times story on tablet readers "We all kind of regret that our ancestors gave away the magazine for too little money,” Mr. Granger said; and finally this one Herald to Online Users: Brother, Can You Spare a Dime? Paper taking donations for Web content (believe it or not, I wrote my headline before seeing that one).
SustainableJournalism.org had a very good interview with Michael Schudson yesterday concerning the future of journalism. His views seem very well reasoned, especially his optimism concerning New Media. Mr. Schudson also voiced some thoughts about what would support the new journalism -- philanthropy and government were mentioned, though I doubt he thought they would be the exclusive sources of support. But really, is this a good model for publishers to pursue? or is this coming form a journalism perspective?
(Looking at the Voice of San Diego site what grabs your attention? For me, it is the "Donate Now" button as well as the About Us page where the staff includes a Director of Development, in charge of fundraising, and a Corporate Sponsorship Coordinator -- but no Advertising Director.)
The good news is that I believe most major publishers have moved beyond free, and are now ready to admit that they must again start driving revenue -- the days of cut-cut-cut may not be over as many owners still have not learned that this is a dead-end solution -- but creating new revenue channels is a must if they are to have a sustainable (if I may borrow that word) business.
The question is where will this new money come from? Advertising? Subscriptions? Apps? Devices? The answer remains all of them as publishers continue to experiment.
The New Year, though, will provide many answers as the market gets hit with new media readers, apps and . . . pleas for charitable contributions.
Wednesday, December 16, 2009
For some publishers "brother can you spare a dime" is the new sales pitch
E-newsletter advice from an interesting source
Almost spilled my coffee this morning: just to the left of the story Jamie Jungers: Tiger Woods And I Had Sex The Night His Father Died and below the story Tara Reid's Playboy Cover Photo (sorry, no links) I found some advice on e-newsletters from George Weiner: R.I.P. E-mail Newsletters: 7 Ways to Pump Adrenalin Into Your List. He follows up this post with some more words here on the dosomething.org site where he is the CTO.
Next week ESPN.com will have a story on ways to use mobile media to do investigative journalism. Or not.
at 6:55 AM 0 comments Links to this post
Labels: E-Newsletters
Tuesday, December 15, 2009
Business Models
David Shedden is at it again. His latest compilation of links concerns business models -- well worth bookmarking. (His other pages under the Transformation Tracker title are great, as well. But this one is especially relevant to the topic of this site.)
at 5:35 PM 0 comments Links to this post
Labels: B2B, Business/Financial, New Media, Newspapers
WSJ and Facebook -- I'm trying to get used to the idea
The new Wall Street Journal:
"One wife told of receiving a child's toy dishwasher—she had asked for a real one—and immediately bursting into tears." WSJ's Facebook home page.
(It's a reference to this story.)
at 2:23 PM 0 comments Links to this post
Labels: Newspapers, Social Media
Monday, December 14, 2009
Paid content vs. Paid App.
Rupert Murdoch wants readers to pay for content; some say paying for something more tangible like an iPhone app is a better way to go -- actually, I've said that.
The Guardian, at least for now, is falling into the "app" side of the battle. They have introduced their own iPhone app that will cost the user $3.99 (iTunes link). The Guardian app gives you access to Guardian content, and is free of paid advertising (at least for now). For many, the lack of ads will justify the purchase price of the app; others may consider the app price a type of subscription.

at 6:15 PM 0 comments Links to this post
Labels: Mobile, New Media, Newspapers, Technology, Tools of the Trade
The Trade Press Problem: it's not the editor's fault
If I could summarize the reason this blog exists I would do so as follows: this site is designed for the business side of the new publishing world, those executives, publishers and ad execs who struggle every day to find solutions to the problems of modern publishing.
In others words, we love you journalists, but there are plenty of other sites catering to reporters, editors, freelancers and others on the writing side of the business.
While trying to decide what to write about this morning I found this finely written column by Alan Webber on the Folio: web site. I read it . . . twice . . . and could find very little to disagree with. But it was targeted to the wrong audience.

