Tag: Journalism

Where is the news going to come from?

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Quoted in Buffalo News about the local citizen...
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As the media industry consolidates and more and more people are simply linking to news – you might start to wonder where all the news is going to come from. There’s a great quote that was passed along to me by Jordan that goes:

what no one seems to understand is that “news” doesn’t just magically appear on twitter/the web/etc. Most of it is scraped off these “old dead media” sources. I’m constantly amazed by the childlike mindset of the digerati to this process. It’s like kids thinking that food comes from the grocery store. Kill off the farmers and the journalists and see how much magic food and news just “finds you” for your consumption

Lots of stuff is derivative on the web and it makes you wonder if the world is going to just become one big echo chamber. Or will journalists do more stuff on their own?

Personally, i don’t think the analogy holds. Food must be grown but news doesn’t have to be paid for by journalists at major media companies.

  • Not every newspaper needs to write a report on the ballgame. ESPN will cover that for us.
  • We don’t need to pay reporters to go to town hall meetings and report back, people are doing that for free.
  • We don’t need local papers writing opinions on what’s happening across the globe. A handful of paid opinion pieces plus organic perspectives (blogs / twitter / etc.) are enough for me.

What the world needs is not to cut off the supply of news but to radically change the way it’s published and the economics behind it. Most news is still being produced and most of it is being delivered at very low cost or free. If it’s more expensive than that, it has to go.

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Portfolio’s Failure

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I’ve heard a lot of talk about the decline of print media these days. There were great speeches by Clay Shirky and Steven Johnson at SXSW.  Recently there was news of Conde Nast’s Portfolio magazine shutting down after plowing through $100 million in two years.  Some people have used this as an indication of the flawed model of print, but reading this story from an ex-employee i think it’s more an issue of mismanagement and lack of execution.

conde_nast_portfolio

Here are some exerpts:

First, let me amplify, the magazine was a failure. It was not market conditions or the general economic meltdown that forced Si’s hand, it was a failure to create something that people wanted to read.

Yet in too many ways to enumerate here, we did not operate in what I fondly call a reality-based environment. In Lipman’s meetings, firings were never firings, stories were never bad or ill timed, mistakes were never made. The air had long been sucked out of that room, and few staffers seemed to believe anymore in the mission of the place, despite a collective desire, and I mean this, to do as good a job as they could do, given the circumstances.

Would the magazine succeeded if it was run currectly?  Who knows, but i do know from past experience at former companies that sometimes too much money is a bad thing as there is no urgency or common goal.  And when you have a leader making decisions that don’t make sense, you can’t help by become disillusioned and discouraged.  That seems to be what happened here.

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