Hyper Local Business Models for News Media

What's the best business model for a newspaper, broadcast or hyper local news site? What if the answer was as simple as running your website like a real business, with a profit-first strategy? This kind of talk flies right in the face of those who preach entrepreneurial journalism and editorial first strategies. We know that's either too damn scary or time-consuming for some old school journalists and media executives. Learning new skills and changing workflow takes time. But when Reach … [Read more...]

7 Habits of Profitable, Hyper Local News

Still no sustainable business model for online news? That's crazy talk. We love reading about online editorial success and greater activity in the hyper-local space. Yet most of these reports feature vague remarks about revenue plans still being explored and the perplexing challenge of finding a way to pay the newsroom bills. CUNY's Jeff Jarvis, NYU's Jay Rosen & other veteran journos have been trying to crack the business model code for quite some time now. These entrepreneurial … [Read more...]