Tag: newbiznews

  • New business models for news

    Here’s a first draft – sure to change – of a presentation I plan to give to open and set the table for the New Business Models for News Summit at CUNY. I won’t go through it lline-by-line that morning; I added more detail since I’m posting it here for your comment, correction, questions, arguments.

    New Business Models for News

    View SlideShare presentation or Upload your own. (tags: journalism media)

    I should add that the conference is now oversubscribed for the space. Sorry.

  • It is our fault

    Paul Farhi of the Washington Post issues a resounding apologia for journalists in the American Journalism Review, arguing that the fall of newspapers isn’t their fault. Then Roy Greenslade leaps up with a resounding hear! hear! They echo a defense earlier this year from Adrian Monck (who had decreed, “The crops did not fail because we offended the gods”).

    Though I respect these three men, I must call bullshit.

    The fall of journalism is, indeed, journalists’ fault.

    It is our fault that we did not see the change coming soon enough and ready our craft for the transition. It is our fault that we did not see and exploit — hell, we resisted — all the opportunities new media and new relationships with the public presented. It is our fault that we did not give adequate stewardship to journalism and left the business to the business people. It is our fault that we lost readers and squandered trust. It is our fault that we sat back and expected to be supported in the manner to which we had become accustomed by some unknown princely patron. Responsibility and blame are indeed ours.

    Farhi’s rationalization on behalf of his fellow journalists makes many bad assumptions and blind turns and Greenslade only follows him down those alleys, piping in with (my emphases follow) an “unhesitating answer” of no to accusations of journalistic guilt. “There cannot be any doubt that journalists themselves … cannot be held responsible for either the financial woes of the industry nor for the public turning its back on the ‘products’ that contain their work.” He piles on: “They are blameless.” They have “no reason to feel guilty…. It isn’t our fault…. The truth is that we are being assailed by revolutionary technological forces completely outside of our control…. We journalists are not [his emphasis] paying the price for our own (alleged) failures…. you are not the cause of the current calamity.”

    The hack doth protest too much.

    Farhi assumes that a newspaper is a well-defined product that is no longer supported by classified and retail advertisers and that’s not our fault. He acknowledges that newspapers should be updating their sites, adding Twitter, social networking, Google Maps, and more video. But he ignores the greater need and opportunity to rethink and reinvent journalism itself.

    The internet does not just present a few glittery toys. It presents the circumstances to change our relationship with the public, to work collaboratively in networks, to find new efficiencies thanks to the link, to rethink how we cover and present news. No, the essence of the problem is that we thought the internet represented just a new gadget and not a fundamental change in society, the economy, and thus journalism.

    By maintaining the newspaper and its newsroom as essentially static entities, Farhi also makes the common and dangerous assumption that their budgets are also fixed: They are what they are because they always have been and so that’s what they need to be. So it’s not their fault that they need to be supported at that level. But newsrooms are terribly inefficient and too many of their expenses were fueled by ego. We bear business responsibility. That is why I am teaching business in a journalism school, so we can be better stewards.

    Farhi glosses over — in an unjournalistic way, I’m afraid — the state of the business and its relationship with its public. He brags that almost 50 million Americans still buy papers and so, he argues, readership is not the issue. But circulation is down more than 14 percent since 1970 and since then population has risen by 50 percent, so the adjusted loss is 74 percent. If steady, circulation should be 92 million today. Penetration is roughly half what it was: a mere 17 percent vs. 30 percent. I’d say our relationship with readers is a problem — in more ways than one: A Gallup survey says 52 percent of Americans do not trust news media, up from 30 percent in 1972. Are the two tied? Of course, they are. Who’s responsible for that?

    “The critics have it exactly backward,” Farhi says. “Journalists and journalism are the victims, not the cause, of the industry’s shaken state.” Victims? As Farhi says to the critics, “Oh, please.”

    Victimhood is an irresponsible abdication of responsibility, a surrender. He might as well declare newspapers dead: Oh, well, we did our best, but everybody around us fucked up and so they’re going to go away now. How dare they do this to us?

    My purpose in rebutting Farhi and Greenslade is not to beat up journalists but instead to empower them. The reason to take responsibility for the fall of journalism is to take responsibility for the fate of journalism. Who’s going to try to save it if not for journalists? We are indeed responsible for the future of journalism and we have about one minute to grab that bull by its horns.

    (This is why I am holding a conference at CUNY on new business models for news. There is not a minute to waste.)

  • Citizen journalism ruins the world (again)

    On Friday, like clockwork, I got calls from three reporters asking me to defend citizen journalism (again) after its latest mortal sin against the gods of journalism: the report/rumor/lie on CNN’s iReport that Apple’s Steve Jobs had been rushed to the hospital with a heart attack, which spread and sent the company’s share’s diving.

    Every time so-called citizen journalism muffs one, I get such calls, as if to say, look what your bratty kid is up to now. Funny, I don’t get them – as a journalist – every time a reporter messes up.

    I told these reporters that they were on the tail of the wrong story. This may not be about citizen journalism at all. It may be about someone trying to game Apple stock and using, nefariously, whatever tools were available. I also told them that anyone who sold their stock on the basis of a pseudonymous post on the web was a fool who deserved what they got (are these the same people who invested in subprime mortgages?).

    The proper response to this is to ask what our response should be, not to decry all “citizen journalism” because of this.

    First, we need to recognize that life is messy. The idea that we could package the world neatly in a box with a bow on top is a vestige of the old means of production and distribution of news: tightly controlled with the limitation-turned-luxury of time.

    Ever since the creation of 24-hour cable news, we have lost that luxury of time. Mistakes – let alone rumors and lies – go out live and the public has to learn to judge the news more skeptically. The truth is, they always have. But now rather than ignoring their skepticism, we need to encourage it and educate people to think this way. Call it media literacy. That is one proper response.

    Another response from media is that we have to get better at giving caveats. As news rushes by, it is important that we make it clear what is and isn’t confirmed. We thought we were in the business of saying what we know in the news. But we’re more in the business of saying what we don’t know. I’ve often quoted Nick Denton’s definition of what we bloggers call “half-baked posts.” They say to our readers: “Here’s what we know. Here’s what we don’t know. What do you know?”

    Note well that CNN iReport issues a blanket caveat on everything it “reports” — hell, this is its tagline and slogan: “Unfiltered. Unedited. News.” Maybe that last word is a problem, but then iReport has had lots of news, including video from the scene of the Virginia Tech massacre. CNN president Jonathan Klein said at a McGraw-Hill conference some months ago that the point of iReport was to have a place to accept stuff from citizens and witnesses that wasn’t CNN. Only that which is vetted, he said, goes up under the CNN brand. But, of course, iReport is near the CNN brand.

    It may be a mistake for news organizations to keep begging people to send them stuff. That’s the way they think — centralized, controlling, exclusive. But the better structure may be for journalists to curate the best of what is out on the web. Rather than playing wack-a-mole on the occasional mistake/rumor/lie sent it, editors would better serve if they found the best content anywhere, not just among that which was sent to them.

    When the web, like TV, goes live (I can broadcast live today from my Nokia phone over Qik.com), news organizations will have no choice but to find and point to others’ content elsewhere because there won’t be time to send it in.

    But the sanest response to reading a report from an unidentifiable source on Steve Jobs’ health is to get on the phone to Apple and find the truth. Note well that that happened quickly online. When I first heard this “news,” it was not that Jobs was sick but that Apple said he wasn’t sick. The reporters I talked to said that was what they first heard as well. Hmm, the system seems to have worked pretty well — except for fools who sell stock based on baseless rumors. But then, that has happened on Wall Street long before there was an internet.

    The web, as it turns out, is almost as fast at spreading truth as it as at spreading rumors.

    Is this a story of citizen journalism and its failings or of professional journalism and its jealousies?

    (Crossposted at Comment is Free)

  • Replacing the article

    Matt Thompson creates one part of what I suggested the other day should be the new fundamental unit of news coverage, replacing the article.

    MoneyMeltDown is a well-curated aggregation of links to the best coverage.

    To recap, I think the new unit of coverage needs to include:

    1. Curated aggreagtion. Do what you do best, link to the rest. Here’s the best of the rest. See: MoneyMeltDown.

    2. A blog that treats the story as a process, not a product, with continuing coverage and conversation, asking and answering questions, giving updates, filling in gaps: a reporter showing her work. Have you seen a good example? CalculatedRisk is more of an annotated aggregation and that’s valuable but I think it fits better in No. 1 above. The Christian Science Monitor credit crisis blog looks more like a collection of articles. From an industry perspective, the Inman blog is another annotated aggregation. Can anyone point me to a reporter or expert who is using a blog to both report and discover?

    3. A wiki that give us a snapshot of current knowledge. Where else would we find that but Wikipedia?

    4. Discussion. Where do you think the best – most intelligent and illuminating – discussion is going on?

  • Zell is not your problem. You are.

    A bunch of current and former reporters at the LA Times are suing the new boss, Sam Zell, “accusing him of recklessness in the takeover and management of the newspaper’s parent, the Tribune Company,” says the NY Times.

    Journalists are such a whiny bunch, always complaining, constantly blaming someone else for their problems. But friends, as the Rev. Wright would say, the chickens are coming home to roost.

    Newspapers and newspaper companies are about to die. The last remaining puddles of auto, home, job, and retail advertising are about to be sucked down the drain thanks to the economic crisis and credit is about to be crunched into dust. So any newspaper or news company that has been teetering will fall. If Fannie Mae, Freddie Mac, Lehman Brothers, and AIG can fall, so can a puny newspaper empire — and there’ll be no taxpayer bailout for them. When this happens, will it be Sam Zell’s fault? Hardly.

    The Times veterans should not be suing Zell. They should be suing themselves. Oh, I, too, am angry at the state of newspapers in America but I’m angry at the right people. The LA Times’ problems — like those of other papers — were caused by by decades of egotistical and willfully ignorant neglect by the owners, managers — and staff — at the paper.

    When more than one editorial regime had the hubris to think that they should turn the Times into a national – even international – paper, opening bureaus all over the globe and insisting on writing every commodity news stories under their own bylines while letting local coverage suffer, did you protest, litigators? No, those bylines and bureaus were yours.

    When the paper was the most overwritten, under-edited consumer of wasted ink and paper in the United States of America, boring its audience with jump after jump of self-indulgent text and forcing readers to flee for TV, did you get out your pencils and start trimming and tightening? No.

    When the paper failed even at covering its own hometown industry, did you jump in to fill the void? No.

    When the internet came, did you all – every one of you as responsible, smart journalists, on your own – leap to get training in audio and video? Did you immediately hatch new ways to work collaboratively with the vast public of bloggers able and willing to join in local journalism? Not that I saw.

    When the link economy emerged, enabling papers to find new efficiencies by saving resources long spent on commodity news so they could concentrate on their real mission — local — did you grab the opportunity by the horns and beg to cover the hell out of Encino? No.

    When the Chandlers and the erstwhile Tribune management did not invest sufficiently in building new products online and driving audience, advertisers, and resources to it and to the future, did you protest? Did you sue? No.

    You bear your share of responsibility for the paper’s past and thus its present. Whether Sam Zell is the guy to get the paper to the future, I have no idea. But I can look at your stewardship and see the results.

    Want to see who’s to blame for the state of your paper? Get a mirror.