Journomics

A Journo/MBA's Musings on The Economics of Journalism from Matt Sheehan, Director of the 21st Century News Lab at U. Florida

Jul 19
How Does Google Make the Big Bucks? An Infographic Answer (Wired.com)

How Does Google Make the Big Bucks? An Infographic Answer (Wired.com)


Jul 18

Jul 15

May 20

The danger of homphily and its effects on democracy. The book is on my reading list…
 http://www.ted.com/talks/eli_pariser_beware_online_filter_bubbles.html


Mar 2

An oldie, but a goodie from South Park, which I was recently reminded of when doing a bit of unplanned archive viewing. Reminds me of the business plans of so many journalism/new media companies.


Feb 23
“Future newsrooms will find themselves built around the audiences they serve, not the platforms they use. They will not be newspapers or TV news operations or radio newsrooms; they will be news organizations built around the content they cover. They will be financial news businesses, sports news businesses, political journals, and on and on. These operations will support multiple revenue streams from multiple platforms.” Larry Kramer, Navigating the Future | American Journalism Review

A: It’s all about the benjamins. Andy Carvin is lucky enough to work for NPR, who subsidizes his ability to experiment. How many other people would be able to dedicate nearly all day with up-to-the-minute live curation of events unfolding across the world?
TBD was attempting to build a platform; one which they weren’t enabled to fully realize the vision. 
Innovation and disruption are great, and will only strengthen our information streams, but if we lose the ability to dedicate a life to the pursuit of that information, we’re all doomed.

A: It’s all about the benjamins. Andy Carvin is lucky enough to work for NPR, who subsidizes his ability to experiment. How many other people would be able to dedicate nearly all day with up-to-the-minute live curation of events unfolding across the world?

TBD was attempting to build a platform; one which they weren’t enabled to fully realize the vision

Innovation and disruption are great, and will only strengthen our information streams, but if we lose the ability to dedicate a life to the pursuit of that information, we’re all doomed.



Feb 22
“The Internet-era business model for the industry just ain’t there yet, and probably won’t be for a good while. The risk, of course, is that the new landscape being tilled with the received wisdom that “anyone can do journalism” will wind up barren of anyone who can pay the bills doing journalism, the kind where news is gathered and sense is made of events in the places where they happen. We are in serious self-fulfilling prophecy territory.” Jeff Israely, Building a news org in order to support good journalists | Nieman Journalism Lab

Feb 21
“We all agree: for anyone, the no-intermediary ability to reach a global audience is an exhilarating revolution. And, for old-fashion journalism, it’s been the most beneficial kick in the butt ever. Having said this, I don’t buy into the widespread delusion that legions of bloggers, compulsive twitterers or facebookers amount to a replacement for traditional journalism. No question: these new the tools accelerate the news cycle in a stunning fashion — as we can see today with Libyan tentative to cut the internet off, something the Egyptian government did with frightening efficiency ten days earlier. Social networks and microblogging services helpfully supplement the work of journalists when those are no longer able to do their job. But they can’t replace professional reporting. The echo chamber’s sound volume should not be confused with journalism’s unique combination of skills and resources.” Monday Note

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