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Open Journalism & the Open Web

Week 5: audio, chat log and slides

Sarah Chacko's picture
Mon, 2010-10-18 21:43

Audio: http://apps.calliflower.com/recording/download/8998

Slides: http://www.slideshare.net/openjournalism/business-model-for-journalism-by-owen-youngman

Chat:

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Phillip Smith said:    
@Mai - I hear you. We're going to work on that a bit for the next course. Appreciate that feedback. Be sure to fill out the survey folks: https://spreadsheets.google.com/viewform?formkey=dGY2SmtSR2JuNG5YcERWU29pVk1UMEE6MQ


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nancy said:    
OK, I'm out


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Mai Hoang said:    
Half my time has been just figuring out how it all works!


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Mai Hoang said:    
I agree, Nancy.


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nancy said:    
yes, and I'm a noob


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Mai Hoang said:    
The last two assignment has been very program heavy


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nancy said:    
Steep learning curve on some of the tools


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nancy said:    
Me too.


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Mai Hoang said:    
Yes, that would be a relief...still working on my other two!


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nancy said:    
OK


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Phillip Smith said:    
Folks: I'm not 100% sure if there's an assignment this week (maybe a relief for many of you!), but we'll check with Owen and post an update later today.


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Steve Myers said:    
Can someone explain Josh's comment? (Josh?) I missed this part of the discussion about Chicago News Coop: That Chicago News Co-op project sounds like pay to play? You don't get to contribute your idea unless you pay to contribute????


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nancy said:    
Phillip, np= no prob :-D


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Jason Dean said:    
Very good info, thanks much


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Phillip Smith said:    
Yep: Was a *great* lecture. :)


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nancy said:    
That was so interesting!


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Mai Hoang said:    
bye everyone!


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Steve Myers said:    
thanks, later


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david mason said:    
thanks !!


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Michael Morisy said:    
@Mai great question :)


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Mai Hoang said:    
Thanks Phillip for asking it for me!


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Mai Hoang said:    
thanks nancy! that has been on my mind a lot, so I'm glad it got answered.


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Matt Carroll said:    
that was great


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nancy said:    
cool question Mai


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Josh Wilson said:    
That Chicago News Co-op project sounds like pay to play? You don't get to contribute your idea unless you pay to contribute????


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Mai Hoang said:    
Thanks!


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Phillip Smith said:    
@Mai - I'll try to slip that in, if there's time! :)


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Mai Hoang said:    
I want to ask Owen about the sales people will have to change in the way to sell to accommodate these biz models. To jump on Steve's question-- most local news outlets are funded by ad salespeople justifying to biz of taking out an ads because of readership. Is there a difference in selling an "experience" as opposed to selling an "ad"?


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Geoff D'Auria said:    
Many of these examples -- holding lectures, conferences, or creating memberships with perks for members -- also require extra costs internally to manage these programs and therefore seem to require a certain size of organization. For smaller size media outlets (i.e. 150,000-200,000 uniques/month) that may not be able to generate enough revenue to cover the costs of new employees to run these programs, do you recommend some of these strategies more than others?


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Josh Wilson said:    
Why all the focus on ad revenue, speaking of which? I see that the point of Patch.com is so that AOL can own local ad networks. BUT, what if all those journalists teamed up to create their own newswire? Talk about added value. There are throngs of journalists out there who could band together and compete with the AP.


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Michael Morisy said:    
Is personalization a big thing for news industries to go after? I've kind of assumed it was a possible revenue stream, for example, doing a broad, "free" look at something and then charging for specific information the user really wanted, but I'm not as sure any more.


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Phillip Smith said:    
k


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Phillip Smith said:    
@Mai -- shoot


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Mai Hoang said:    
I'm typing it up


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Mai Hoang said:    
I got one


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Phillip Smith said:    
Other questions? Going once... going twice...


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Phillip Smith said:    
@Steve - Got it. :)


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Steve Myers said:    
I'd like to get Owen's thoughts on how all the revenue pieces fit together. We have a single, major revenue source, advertising, that is declining. It looks like we'll have to assemble a lot of different approaches to make up for that. I wonder if he thinks any of these new revenue ideas will approach the scale of broad-based advertising.


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Phillip Smith said:    
@Marlon: Great, thanks, in the queue.


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Marlon x said:    
it seems like open web concepts like semantics, standards, and user control of information will undermine the current monopoly that content providers currently seem to have on things like personalization, findability, etc...is making money off those services a sustainable business model long-term?


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Phillip Smith said:    
And, if you'd like to ask yourself, please note that too. :)


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Phillip Smith said:    
Okay folks -- In the interest of getting to ask a couple of your question to Owen -- please queue them up now! :) Post your questions here and I'll ask as many as we have time for ...


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AmyJo Brown said:    
@Phillip @David interesting ideas


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AmyJo Brown said:    
I think pricing needs to take into account the value of the content to the audience targeted & then what the market might bear .... 'fraid lots of news startups are picking price point out of air, setting expectations for others ....


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Phillip Smith said:    
@David: interesting idea; access to your own data...


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david mason said:    
Phillip, I have mixed feelings, in some ways there should be tracking and data sharing, but make it reciprocal, so I can see it and edit it , then it's fair


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Phillip Smith said:    
@David, @Mai: How about a small fee to remove tracking & data sharing?


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david mason said:    
I think a hybrid of social network-selected stories from across news orgs in an easy-pay unbrella site with no extra advertising could work best.. it'd be pretty transformative if it was broadly affordable


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Mai Hoang said:    
Yeah, I think the no-ads thing is a BIG appeal. I know that I subscribe to a couple of various websites because of the promise of no ads.


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david mason said:    
I think $3/month is reasonable, "anyone" could afford it (presuming they have a credit card, for example). i've always balked when paper-delivery pricing is suggested. but will there be no ads ? and will I have complete control over it? and will it become very fragmented depending on what the paying viewers are interested in?


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AmyJo Brown said:    
But should that be the way the price is set? What if they're willing to pay more? What factors should go into the pricing? That's a discussion I'd love to get started :)


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Mai Hoang said:    
+1 for Jason's thought. Yep I mean people are willing to spend that much EVERY day for coffee..so yeah, makes sense.


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Steve Myers said:    
@AmyJo, happy to do it. @Jason, yes, I think that is a factor.


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AmyJo Brown said:    
@Steve thanks for the link!


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Jason Dean said:    
Also guessing that $3/month is so insignificant that people don't think twice about spending it/letting it renew.


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david mason said:    
the news would definitely by shaped by those with money


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Steve Myers said:    
@AmyJo, Balboni has had to drop the price several times. From a Poynter story: He envisions significant improvements to Passport, accompanied by a price cut. GlobalPost launched Passport last year at $199 a year, cut it to $50, and now will reintroduce it at $29.95. The site is also introducing monthly pricing for the first time, at $2.95." http://www.poynter.org/column.asp?id=131&aid=187376


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AmyJo Brown said:    
Curious about pricing strategy. Why $2.95 and not $10.95 or $99.95?


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Steve Myers said:    
They may be linked there; I may have missed it. but thanks for the slideshare URL


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Phillip Smith said:    


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Phillip Smith said:    
@Steve: Re: slides, they *should* be linked from the lecture follow-up pages, but -- if not -- they're here also: http://www.slideshare.net/openjournalism/business-model-for-journalism-by-owen-youngman


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Phillip Smith said:    
That sounds like a challenge! :)


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nancy said:    
np


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Phillip Smith said:    
@nancy: Sorry!


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nancy said:    
:-)


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nancy said:    
Phillip, your 'hand' is on the slide that I'm seeing.


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Jason Dean said:    


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Phillip Smith said:    


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Phillip Smith said:    
No problemo! :)


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sarahheartsthenews said:  
sorry bout that!


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Phillip Smith said:    
Perfect!


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Phillip Smith said:    
@sarahheartsthenews still there in the corner. down a bit more! :)


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sarahheartsthenews said:  
is it off? I can't see it ...


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Mai Hoang said:    
Okay, i'm in.


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Phillip Smith said:    
@sarahheartsthenews Can you slide it off the slides?


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sarahheartsthenews said:  
sorry about the hand!


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sarahheartsthenews said:  
lol. i heart owen.


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Phillip Smith said:    
@Mai: just started. Try again?


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Phillip Smith said:    
*laugh*


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Mai Hoang said:    
crud! having a hard time calling in....am I missing much?


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Rick Martin said:    
awesome


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Phillip Smith said:    
@Sarah: Can you move your little mouse hand off the slides? :)


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Marlon x said:    
lol


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Steve Myers said:    
Right

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Phillip Smith said:    
@Steve: Slides from previous lectures?


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Steve Myers said:    
Logistical Q: I haven't seen the slides posted on the course page. Have I missed it somewhere?


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Capi Etheriel said:    
yay, i made it on time!


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Phillip Smith said:    


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Phillip Smith said:    
If you arrive early, or have a few moments to spare:
We've put together a survey in order to gain feedback about the course thusfar. It's open-ended; we're hoping you'll take a minute to let us know of any concerns, ideas or things that were especially helpful.
https://spreadsheets.google.com/viewform?formkey=dGY2SmtSR2JuNG5YcERWU29pVk1UMEE6MQ