New Business Models for News City University of New York Graduate School of Journalism Goals Specific Sustainable Open Assumptions Top-25 market Post-paper Photo: Flickr/Sleeping Sun Ecosystem Hyperlocal New news organization Framework Publicly supported . . . In the beginning was the word. And the word was.... Hyperlocal New News Organization Framework State of hyperlocal Number surveyed: Market size: (range) Audience size: (range) PPV: (range) Annual revenue: (range/ave?) Staffing Optimizing hyperlocal Improve ad products & services sold Local networks Metro network E-commerce Other Hyperlocal business spreadsheet here Staff: TK edit, TK sales, + TK Audience: PPV: CPMs Assumptions Reporting: metro-wide, beat, investigative Curation of network Collaboration with network Journalistic training Tasks Other rev streams: National etc. Optimizing spreadsheet here NNO business Tasks Framework business spreadsheet here Enable metro network Enable local networks Some metro sale Coordinate national advertising Enable e-commerce Train local sites: the cookbook Technology platforms Collaboration platforms Lines of business Share of advertising sold Fees from networks Fees for ad serving & tech Share of e-commerce Training? Revenue opportunities opp1 2 3 4 5 opp6 7 8 9 10 Publicly supported journalism Potential structure NPR/PBS David Fanning proposal NFP news org (a la San Diego, MinnPost) NFP adjunct to news org (a la Huffington Post) Independent efforts (Spot.US) Invetigative: how much staff Statehouse: how much staff Collaborative, crowdsource project: staff & resource Potential uses NPR/PBS news: $ SanDiego, etc. experirence Spot.US experience Local foundations: % we propose Total: $TK Potential dollars Also Transparency Volunteerism National networks Vertical interest networks B-to-B's role Slide about scale Staff comparison Audience comparison Cost comparison Revenue comparison Next At Aspen Specific experience Questions New ideas Needs Priorities After Aspen: CUNY Polishes models & continues discussion Works on more models, e.g., national, international Shares best practices Holds events After Aspen: You Experiment, build Share best practices What else Needs Technolgy Standards Research/analysis Means to share best practices More models And...
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