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| z2008-10-23- New Biz Models For News Summit |
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| last edited by BillSeitz on Dec 27, 2008 7:05 am |
Jeff Jarvis has organized a "New Business Model-s for News Summit" (Journal Ism) today. Fred Wilson is there. Various people are tweeting.
Jeff hopes to convene a working group from each of the discussions at the summit to move to the next step and build at least one concrete model.
Nov24 update:
Jeff sums up a future scenario he expects.
Seth Godin notes all the opportunities missed by the NyTimes.
Dave Winer thinks this all misses the point.
Maybe one's love of Newspaper Publishing is a Baby Boomer vs Generation X thing, as Ivan Krstic posits.
Dec9 update: Clay Shirky calls Bull Shit on anyone in the industry acting like a surprised victim. Caught up? That makes it sound like a tornado. This change has been more like seeing oncoming glaciers ten miles off, and then deciding not to move. By the turn of the century, anyone who didn't understand that the Business Model for newspapers was a wasting asset was caught up in nothing other than willful ignorance, so secure in their faith in the permanence of their business that they assumed that those glaciers would politely swerve at the last minute, which minute is looking increasingly like now.
Back in September, [Frederic Filloux] estimated that 100 dedicated/staff journalists would be necessary for run a digital-only newsroom equivalent to the big daily papers, and that no news-site has the traffic to pay that many. (In one of Jeff's sessions, a team worked the other direction, estimating possible revenue for a site covering Philadelphia Pa, and concluding they had to cap their newsroom at 35 people. Then tried to figure out how to get maximum value from that staff.)
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