By Steve Buttry: Actually, newspapers don’t need new ideas. They need to unshackle themselves from their old advertising-and-circulation model and start serious pursuit of the dozens of ideas already presented for developing new revenue sources. Here are some ideas (not all mine and not new here, but not yet in wide use, at least by newspaper companies):
By Jeff Jarvis: I continue to be astonished at the economic naiveté I hear in discussions of the business of news. Tradition, “should”, “I want to”, virtue or begging is not a business model.
BY DAVID HIRSCHMAN: News veteran Mark Potts is best known in the industry for his (failed) site Backfence, which pioneered a hyperlocal model that leveraged user-generated content. When Backfence folded in 2007, Potts wrote at length about some key lessons he learned about hyperlocal, including the need for “conversation” in local journalism, the size of monetizable communities, and the how the cost equation for hyperlocal might work in the future.