Why investigative journalism is good business

Versión en español aquí.

I may have misled people for the last few years by saying that investigative journalism is not a business but a public service.

Other people -- namely Felix Salmon, Jeff Bezos and four journalists cited by Journalism.co.uk -- are reminding me that investigative journalism does, in fact, have commercial value.

First, Felix Salmon, the Reuters blogger. He made the case in a recent post that while investigative journalism may not produce the web traffic of popular topics, a media organization reaps intangible but valuable benefits. 

For example, advertisers will see that a site is a serious news outlet "and be that much more willing to pay premium rates to advertise on the site as a result. Readers who like having fast news during the day like having meatier stuff to read over the weekend," Salmon says. 

What journalism schools can and can't teach students

Versión en español aquí.

A master's degree in English literature might not seem an ideal preparation for a career as a business journalist. Actually it served me well, for all the reasons given by advocates of a liberal arts education. 

But my own experience seems to have little to do with what the journalism job market is seeking today.  Should we be improving students' minds and souls or helping them get a job? 

These days I advise students to be practical. Employers and recent graduates are telling me that the current job market demands that job applicants know:

• Multimedia storytelling skills. Producing slideshows with sound, shooting and editing video and photos, writing for the web.
• Data and statistical skills for storytelling. Collecting, editing, analyzing and interpreting data to produce compelling interactive maps and graphics.
• Audience development skills (formerly known as marketing and circulation) such as managing online communities, interpreting data on audience behavior, crowdsourcing for information, interacting with the audience.
• Basics of programming. How to create compelling pages that attract web audiences.
• The business of media. Journalists can help a news organization generate revenues without compromising their ethics, and today that skill is more important than ever. 

My MOOC experience and what it means

Versión en español aquí.

If you want to study journalism, you have more choices today, at lower cost, and of higher quality than ever. Sometimes you will get that at a university and sometimes not. That represents a challenge for universities.

In a lecture at a journalism conference in Puebla, Mexico, I described a personal experience taking a course in data visualization from one of the world leaders in the field, Alberto Cairo, author of  "The Functional Art."

The six-week course had readings and video tutorials of the highest quality. The homework assignments required at least 10 to 15 hours of work a week.  

Engaged professor

Cairo was intimately involved with the course participants, offering criticism of their work and suggestions for improvement. What was remarkable about this course was that there were 2,000 students enrolled from more than 100 countries, it took place completely online and it was free. 

Bezos purchase of Post has parallels in China

Versión en español aquí.

Amazon's Jeff Bezos isn't the only e-commerce billionaire making news with acquisitions. Jack Ma, chairman of China's e-commerce leader, Alibaba, has invested hundreds of millions of dollars in a Twitter-like microblogging service and a mapping service.

Both of these giants have been bolting on companies that can help them gain synergies by combining content, social networks, internet retailing, mapping (location-based selling and services), mobile platforms, devices and operating systems. 

Their model and chief competitor is Google, the worldwide leader in online advertising. Google has been getting into all of these businesses. In order to compete globally, the big internet companies -- like Facebook, Amazon, Yahoo, Twitter and, in China, Alibaba and TenCent -- are seeing the need to develop all parts of online business. 

5 dirty words journalists have to learn to say without blushing

Versión en español aquí.

Journalism is the best job in the world, and working with journalists is fun. They’re funny, irreverent, intelligent and excellent storytellers.

Still, as a group we tend to be arrogant, self-righteous and holier-than-thou (I include myself in this criticism). We tend to view ourselves as high priests of an exclusive profession and bearers of a special ethical standard that few others can live up to. We see ourselves as purer, more objective, less affected by the prejudices of the mere mortals we cover.

10 entrepreneurs test new style of learning

Tenth in a series on teaching entrepreneurial journalism. Parts of this post are adapted from an article originally published in Revista Mexicana de Comunicación.

Latin American journalists have a great thirst for establishing independent media. Many of them are tired of working for low pay at media outlets that protect the friends and punish the enemies of the owners. 

They want to cover topics neglected by the mainstream media, such as education, health, environment, human rights and indigenous culture. They want to expose incompetence and corruption in government.

More than a dozen digital news entrepreneurs described how they are overcoming financial obstacles to sustain independent journalism during the Ibero-American Colloquium on Digital Journalism this spring sponsored by the Knight Center for Digital Journalism in the Americas. 

How to overcome objections, get meetings with funders

More news organizations are trying to adopt a nonprofit model, but they likely have no experience in fundraising. They might want to look at Andy Robinson's book "How to Raise $500 to $5,000 from Almost Anyone." 

As someone who did fundraising on many boards, I can say that Robinson knows the territory. The website for nonprofits Guidestar ran an excerpt from his book in which Robinson gives a lesson in how to respond to avoidance tactics of funders when you call:  

I don't mean to imply that that the following responses constitute one conversation, and that you have to handle eight or nine put-offs in a row. But my general rule is that you should respond to at least three before giving up. 

Objection: "I don't have time to talk right now." Response: "When would be a better time to call?"