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Future of News(papers) A review of business models, experiments, innovations, and more Seth C. Lewis School of Journalism, UT-Austin [email_address]
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
State of the News(paper) Industry
In a word …
UGLY
Problem 1: Circulation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Falling for decades …
… but spiraling since 2003
Problem 2: Revenue ,[object Object],[object Object],[object Object],[object Object],[object Object]
Problem 3: Market Value ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Newsroom jobs lost 2007: 2,185 2008:  8,118  so far
What’s happening  this week ,[object Object],[object Object],[object Object],[object Object],[object Object]
“ The world needs journalism now more than ever. We just don’t need paper .” —  NYTimes.com reader
Fundamental shift: analog --> digital
Economics of print to online ,[object Object],[object Object],[object Object],[object Object],[object Object]
Disrupting the news model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Product Process
 
 
 
Disrupting the news model ,[object Object]
New models for news ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Bringing In the User: Emerging Forms of Journalism
What is user-generated content? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
UGC and Web 2.0: key characteristics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Creating platforms, not content ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
Rise of citizen media ,[object Object],[object Object]
Example 1: Citizen Journalism
Jay Rosen’s definition Jay Rosen, 2008
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
How does this work in practice? ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
How online news sites use citizen-J Pros in charge Amateur control Opening up to comments Add-on reporter Citizen bloghouse Stand-alone citizen site; minimal editing Hybrid: pro + citizen Wiki-style
Example 2: Crowdsourcing
Key principles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Crowdsourcing and Journalism
[object Object],[object Object]
A spectrum of input ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How it works ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lending Us Your Eyes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Gathering ‘everyday’ info ,[object Object],[object Object],[object Object],[object Object],[object Object]
And more ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Like citizen journalism, but … ,[object Object],[object Object],[object Object],[object Object]
Is crowdsourcing the future? ,[object Object],[object Object],[object Object],[object Object]
Show me the money! (or, can any of these ventures pay for themselves?)
Short answer:
Not yet.
Let’s assume current conditions continue (same biz model, etc.)
Crossing the Chasm: From Print to Online Revenue ,[object Object],[object Object]
Crossing the Chasm
Crossing the Chasm
Is there hope in innovation?
Future Business Models ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Or, be like Google

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