More than a dozen non-profit news organizations that specialize in investigative reporting depend on large grants from foundations. How large? The Columbia Journalism Review reports more than $70 million dollars went to groups such as Pro Publica and The Center for Public Integrity in the last five years. But the grants won’t last forever. Startup [...]
The Huffington Post attracted 22 million unique users in April. It has expanded aggressively and attracted millions of investment dollars. But one of the biggest destinations on the Web is still not self-sustaining. Media week reports on the new strategy to make it profitable.
The Washington Post Company announced this week that Newsweek magazine is for sale. A buyer will be tough to find, given that Donald E. Graham, Chair and CEO of The Washington Post Company, says Newsweek lost $15.4 million in 2008 and $28.1 million in 2009. Graham adds, “we don’t see a sustained path to profitability.” [...]
Media companies looking for cheap content are buying more third-party news – news produced by groups like Associated Content, Demand Media and AOL’s Seed. These companies operate like brokers, selling stories produced by a stable of freelancers that could number in the thousands. Woman’s Day is using Associated Content, according to Ad Age, which also reports [...]
Ever since Variety put a pay wall in place last December, online page views for the Hollywood trade pub are down a whopping 40%. Here are the numbers from Nielsen: Before pay wall = 3.2 million. After paywall = 1.9 million. Visitors can still view five articles a month for free until they hit [...]
Anyone who’s worked in a TV newsroom knows it takes reams of paper to produce a newscast. Every script must be printed 5-6 times so everyone gets a copy…the anchors, the director, producer, audio tech, etc. Now a TV station in market 145 has figured out how to save thousands of dollars by harnessing the [...]
April 21, 2010 – 10:58 am
The Climate Desk is a unique collaboration between established news media. Seven different media groups are testing out the concept of “distributed journalism,” to share coverage of a large topic that requires expertise in a variety of fields such as science, technology, politics and business. On the surface, climate change stories are aggregated at The Climate Desk website. [...]
April 19, 2010 – 11:05 am
CNN is testing a new concept in television advertising that could hold on to more viewers and keep the money rolling in. Commercials on “John King, USA” feature a small window at the bottom of the screen that shows a live picture of activity on the news set, plus graphics with news headlines. Ad Age [...]
April 15, 2010 – 11:48 am
The parent company of Politico.com, WJLA-TV, and NewsChannel8 is getting ready to launch a hyper local online news operation covering Washington, DC. The Nieman Journalism Lab reports the site will have a staff of 50, including reporters, editors and business execs. But what may get the most attention is the plan for a team of [...]