How Tech’s Giants Want to Re-invent Journalism

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By  on paidContent, Apr. 26 – 

Some of Silicon Valley’s biggest technology companies reject suggestions they are now news organisations.

But they nevertheless think they have the prescription for what news media must do next…

First, the disclosures: “We’re not a news company,” Google’s head of news products and Google+ programming Richard Gingras told media executives at the Paley Center’s international council of media executives in Madrid on Thursday. “We’re a platform,” Facebook’s journalism manager Vadim Lavrusik duly followed.

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Book Review – Funding Journalism in the Digital Age

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Funding Journalism in the Digital Age: Business Models, Strategies, Issues and Trends. Jeff Kaye and Stephen Quinn. New York, NY: Peter Lang, 2010. 185 pp.

The traditional business model for daily newspapers is “virtually obsolete,” observe Jeff Kaye and Stephen Quinn from their Anglophile perches, which begs the question of how much longer print journalism can survive.

The 2007-2009 recession brought the first-ever three-year drop in U.S. advertising revenues, leading to the closure of venerable dailies including the Rocky Mountain News and the Seattle Post-Intelligencer. A paid model for online content has proved the elusive Holy Grail of journalism in the digital age, leading to proposals of a number of alternatives to the for-profit model. Funding Journalism in the Digital Age provides both a guide to how the news media got into this mess and a handy compendium of   the recent proposals to resuscitate journalism.

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Has the NYT Picked the Right Time for a Pay Model?

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From Newsonomics March 14, 2011 - Timing may not be everything, but it’s a lot in life, and the New York Times could have not have picked a better time — soon – to launch both its new paid plans and new tablet product.

Why? Well, the world’s conspired to wait, along with the rest of us, for the Times’ 14-month gestation period to conclude, since it announced a new pay plan, way back in January, 2010, seemingly another age. Let’s just tick off the can-you-believe-this context for the Times’ imminent launch. Read more.