Monday, May 28, 2012

Earthquake accelerated use of social media at Japanese newspapers

Yoichi Nishimura (photo by Yang Shaogong)
Versión en español aquí.

Japan's newspapers expanded their role of serving the community by using social media in the Great East Japan Earthquake of 2011.

Yoichi Nishimura, former managing editor of Asahi Shimbun, with daily circulation of 8 million, said news organizations cooperated to share information about missing persons with a Google database so  families could find loved ones.

"For the first time, there was a large-scale joint effort between social media and the traditional mass media," Nishimura told an audience at Tsinghua University in Beijing. The news media spread disaster-related information through social media such as Facebook and Twitter.

Tuesday, May 22, 2012

Making money Part IV: Events build your brand

Last weekend I spent a day and a half participating online in NewsU's Revenue Camp for Journalism Entrepreneursan intense session on some of the new ways journalists are making money on the Web. (The entire course will be available to view online in a few days; Twitter comments from the course are at #revcamp.)

If you have a digital news organization that has built a community, you can create profitable events. Your loyal audience is something like a fan club and wants to meet other members. They will pay to attend, they will bring friends, they will be an attractive audience for sponsors and they will spread the word about you.

A digital publication with a small but devoted audience might not generate enough from advertising alone, but events can plug the gaps. 

Sunday, May 20, 2012

Making money Part III: How journalists can do ad sales

This weekend I spent a day and a half participating online in NewsU's Revenue Camp for Journalism Entrepreneursan intense session on some of the new ways journalists are making money on the Web. (The entire course will be available to view online in a few days; Twitter comments from the course are at #revcamp.)


The biggest mistake that journalism entrepreneurs can make in selling is assuming rational behavior on the part of the client, says Mike Orren, principal of Just Be Amazing, a consultancy on content, sales and marketing. 
We might think the client will buy based on the traffic numbers or the audience profile, but often the decision is an emotional one: the client likes the sales rep from your publication more than the rep for a competitor, Orren says. (My own experience as publisher of a business journal is similar to Orren's.)

Making money Part II: custom content at MedCity


This weekend I spent a day and a half participating online in NewsU's Revenue Camp for Journalism Entrepreneurs, an intense session on some of the new ways journalists are making money on the Web. (The entire course will be available to view online in a few days; Twitter comments from the course are at #revcamp.)

Chris Seper, a digital media entrepreneur who started MedCityNews.com, a portal covering innovation in the life sciences and healthcare, talked about how to make money from custom content. He defined it as any content made to order for a client -- it could be a research paper, a blog entry that runs on the site, a video, an event, or an article. 
"We'll create content for anyone with a vested interest in innovation and health care," he told attendees. The publication's audience is C-level executives, entrepreneurs, investors and other stakeholders in those fields.

Saturday, May 19, 2012

Making money Part I: Mark Briggs



This weekend I spent a day and a half participating online in NewsU's Revenue Camp for Journalism Entrepreneurs, an intense session on some of the new ways journalists are making money on the Web. (The entire course will be available to view online in a few days; find Twitter comment at #revcamp.)

One of the key presenters was Mark Briggs, director of digital media at King 5 TV in Seattle and the author of Entrepreneurial Journalism: How to Build What's Next for News.

Briggs has used a case-study method that is perfect for this new world of journalism in which the models are still being invented. 

Thursday, May 17, 2012

Warren Buffett bets on value of local news

Warren Buffett's decision to buy 63 daily and weekly newspapers from Media General confirms the market value of organizations that build a strong community around local news.

That value is precisely what digital news entrepreneurs like MinnPost, Texas Tribune and Voice of San Diego are counting on as they build their organizations.

Buffett, CEO of the conglomerate Berkshire Hathaway, is not betting on newspapers, so all of those bankrupt organizations out there that are looking for capital had better look elsewhere. Buffett is betting on the value of community news, especially in smaller communities where newspapers are the primary source of news and information.

Tuesday, May 15, 2012

Social media are transforming Chinese journalism

The Tsinghua University School of Journalism and Communication recently celebrated its 10th anniversary with a conference on international journalism curriculum for an audience of
200 journalism professionals, deans and professors from China and around the world. Some highlights:
  • Qu Yingpu, deputy editor-in-chief of the state-controlled China Daily, noted that social media are spreading news so rapidly that is no longer possible to control the flow of information. The response of China Daily has been to provide more information to more audiences, with editions targeted for Africa, Asia and Europe, among others. 
  • Shi Anbin, associate dean of Tsinghua's school, said digital journalists should learn from Andy Carvin's one-man newsroom at National Public Radio in the United States. Carvin covered the Middle East during the Arab Spring upheavals in 2011 by relying on numerous local activists, bloggers and reporters through social networks such as Twitter.

Building your audience: tips from a pro

Versión en español aquí.

Mi Li, audience development manager for Fiscal Times in New York, recently spoke via Skype to my multimedia business journalism class at Tsinghua University about how to build an audience.

The online publication, which focuses on fiscal, budgetary and economic issues, launched in March 2011 and has grown to 1 million unique visitors and 6 million page views monthly.

One of the key elements of her strategy when she started at the publication a year ago was to develop a daily newsletter to create audience awareness and drive traffic to articles. This was a strategy that also worked well at American City Business Journals, a chain of weekly business publications, where she was previously marketing manager.

Sunday, May 6, 2012

What 9 European news startups can teach us

A new study of nine entrepreneurial journalism ventures in France, Germany and Italy offers insight into the current industry crisis as well as hope for the future.

 University of Oxford and the Reuters Institute for the Study of Journalism have just published an online book, “Survival is Success: Journalistic Online Startups in Western Europe,” by Nicola Bruno and Rasmus Kleis Nielsen. Among their observations:

  •  There is no single formula that works for all. "New ventures can succeed in many different ways."

Friday, May 4, 2012

France: Paywall works for investigative journalism site

 

The online investigative publication that recently reported French President Nicolas Sarkozy received 50 million euros in campaign support from Libya in 2007 is an anomaly: a profitable subscription-only service that accepts no advertising.

Mediapart is showing that in the right circumstances, an investigative news organization can be a viable business.