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Kevin: Fred Wilson writes: "So to me, avoiding the Big Yellow Taxi moment comes down to solving the business model question for microjournalism. Is there a way beyond ads to compensate microjournalists? Subscription seems like one approach but what can you charge for online? Participating in expert networks might be another approach. Speaking and writing books could be a third. My gut tells me that microjournalists are going to have to do more than just post to their blog to earn a living. In fact the blog will probably be the loss leader that keeps them in the game."
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Kevin: Alan Mutter writes: "With the worst economy in decades compounding a fierce secular contraction of the newspaper industry, the challenge for No. 2 papers will be stiff for standalone papers in places like Boston, Chicago, Los Angeles, Miami-Fort Lauderdale, Minneapolis-St. Paul, Philadelphia, New York and San Francisco."
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Kevin: Doc Searls talks about how people are still writing about the Cluetrain Manifesto now nine years after it was published.
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Kevin: It's not the internet that is killing newspapers at the moment, it's the economy and some badly timed financial bets, says Steve Yelvington. "But that doesn't mean print is coming back. Happy days will not be here again. Because as the economic cycle knocks down the newspaper, secular change rushes in to the empty seat at the table. Secular change includes the effects of the Internet, but also market fragmentation, restructuring of the retail landscape, and other changes."
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Kevin: Mark Glaser writes about a new American-based, and some say, Amerian-focused, international journalism project, GlobalPost. "(The) business model includes site sponsors, who pay for long-term association with the website, as well as syndication deals with newspapers and a $199-per-year premium offering called Passport with more inside information."
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Kevin: There is no sugarcoating it. The outlook for newspaper publishers in the US is dismal. eMarketer estimates that newspaper advertising revenues declined 16.4% in 2008 to $37.9 billion.