Monday, September 10, 2012

You don't need all the skills to get started

Entrepreneurial journalists have a tough job.

They need skills not only in journalism but marketing, technology, sales, managing online communities and basic accounting, among other things. Fortunately, they don't need to have all the skills mastered at once.

Start small, but start

This is one of the takeaways from entrepreneurs profiled in Mark Briggs's book “Entrepreneurial Journalism: How To Build What's Next for News.” 

The profiles should give hope to beginners because the founders of successful web ventures such as Paid Content, Talking Points Memo and West Seattle Blog started small and gradually built their sites into authoritative sources in their respective niches.


Wednesday, July 18, 2012

Are newspaper brands back? Report from Spain

Rosalia Lloret: People are searching for credible
sources amid an avalanche of information.
Versión en español aquí.

El País is widening its lead as the No. 1 newspaper website in Spain with 7.6 million unique users in June (for comparison, the number is 74 million for the New York Times).

At the same time the newspaper's corporate parent, Prisa, is struggling financially and faced a one-day strike over 200 layoffs at its radio affiliate and employee anger over cuts at its financial daily.

Despite the bad financial news, Prisa's chief digital officer, Rosalía Lloret believes there are signs that El País is strengthening its brand. She made her comments during the recent summer course of la Universidad Complutense de Madrid in El Escorial.

Two-thirds choose the brand

Lloret noted that more than half of the users of El País and its affiliated websites come directly to the site, either by typing in the web address or from a bookmark. That is, they are coming intentionally, not by chance.

Wednesday, July 4, 2012

With crisis in Spain, El Pais expands globally

Spain is suffering through a newspaper crisis as severe as that in the U.S., and the response of one of its leading newspapers has been to expand into new markets.

El Pais, part of Grupo Prisa, is cutting editorial staff at its headquarters in Madrid, but it just announced an expansion of its coverage of Mexico and Latin America.  The Mexico section will have its own digital front page and six new staff people based in Mexico City. This follows on El Pais's launching of a digital front page for the U.S. as well. For journalists in Spain -- who have seen 7,000 of their peers laid off in the past three years -- the expansion in the Americas has to be a slap in the face. But it has a a cruel commercial logic. 

Saturday, June 30, 2012

Independent print startup thrives despite crisis

While print newspapers are losing subscribers and advertisers in the rest of Europe, an Italian print publication launched by an investigative reporter is thriving because of its independent voice.

Il Fatto Quotidiano (The Daily Facts) has been slaying sacred cows since 2009 and makes its money from subscribers and newsstand sales -- roughly 6 million euros in profit in both 2010 and 2011. Part of its success may be attributable to its opposition to then-Prime Minister Silvio Berlusconi, whose control of a vast media empire tended to stifle criticism of his administration.

As of June last year (the latest figures available), Il Fatto had circulation of 127,000 daily, with 42,000 subscribers (at 290 euros annually), with the rest sold on newsstands. Earlier this year it reported 450,000 unique users daily for its online edition.

The fact that a print publication supported by subscribers could thrive amid a worldwide economic downturn and a collapsing economic model for print seems remarkable.

Tuesday, June 19, 2012

10 commandments for digital news entrepreneurs


Versión en español aquí.

I have been inspired by a book about 13 new digital media launched in Spain by entrepreneurial journalists.

The book -- Microperiodismos: Aventuras Digitales en Tiempos de Crisis -- profiles some news organizations that are defying the voices of pessimism, the economic crisis in Spain and competition from the traditional media.

The authors, Eva Domínguez y Jordi Pérez Colomé, compiled 13 stories of journalists motivated by passion, service to the community and a search for alternatives to working for big media companies.

Thursday, June 14, 2012

In New Orleans, nostalgia is not good for journalism

Let's not cry any more about the decision of Advance Publications, a profit-driven enterprise, to reduce its newspapers in New Orleans and Alabama to publishing three days a week. It is sad for the people who were laid off, and we who love print are disappointed.

But this was inevitable. The big newspaper chains have shown little interest in adjusting to the new digital news competition. Instead they have continued to squeeze whatever they can out of print for as long as they can, prolonging the agony through layoffs rather than investing significantly in digital.

As proof of the lack of investment, Mathew Ingram points out that Advance's newspapers have awful websites, including the one for my hometown newspaper, the Cleveland Plain Dealer. (Will it be the next one to go to three days a week?)

Saturday, June 9, 2012

When will mobile ad revenue reflect time spent?

Two years ago the buzz was that mobile was the next big thing, and now that consumers are moving to tablets and smartphones, the moment has arrived.

  • Nielsen says that 50.4% of mobile users now have a smartphone.
  • More than two-thirds of those in the 25-34 age group have a smartphone. The report is here.

This slide from Mary Meeker of Morgan Stanley shows
the opportunity for mobile advertising. Although consumers spend
10% of their time with media on mobile platforms, mobile
is getting only 1% of the ad revenue, a $20 billion opportunity.