’60 to 70 percent of the job is changing culture’

'The startup world is full of young people, money, and optimism. The media world, the vast majority of the time, is not.' The words of an entrepreneurial young British journalist explaining why he has refused job offers from newspapers after he quit to launch his own news products. The quote comes … [Read more...]

72 per cent

... of mobile display ad revenue now goes to six companies - none of which are news producing organizations." A truly gut-churning statistic from Pew Research, quoted in an article by the media commentator Tom Foremski in which he argues that no amount of billionaires will save journalism as long … [Read more...]

“Doing things is the best way to learn. To try means to fail. To fail means to learn.”

Continuing my theme of 'failing in newsrooms', Olga Lucia Lozano, pictured, co-founder of a leading investigative journalism site in Colombia, La Silla Vacia (The Empty Chair), shares the fruits of her own mistakes as a 'news entrepreneur'. "Don't think about it, do it. Doing things is the best way … [Read more...]

Journalists are the worst kind of risk takers, says Joi Ito of MIT Media Lab

“When you’re sinking, you have two ways to go: You can bet the house on something, go all in, or you can try to become smaller and smaller until you disappear” - Joi Ito I posed a question in a recent post asking how newspapers should respond to the rise of startup-inspired metrics that encourage … [Read more...]

Mail Plus checks in with 23,000 subscribers (58-year-olds who like Puccini and sudokus)

Fresh from claiming the title of world's biggest newspaper website, the Daily Mail is advancing on another digital frontier with the first results from its Mail Plus tablet app. I reviewed the app on this blog shortly after its launch in February and concluded that it had raised the bar for news … [Read more...]

“In a world of so much choice, the smartest and most lucrative consumers will pay their attention to the middleman that acts the most on their behalf.”

Marketing sage Seth Godin's comment under a blog article by Jeff Jarvis, agreeing with his criticism of Google chief economist Hal Varian's verdict on newspapers. Godin adds: Go further, Jeff! Why is the newspaper a middleman and not a representative? If the paper hurries, it can represent the … [Read more...]

“The idea that business sits over here and lets a newsroom do whatever it wants over there is anachronistic”

Chris Hughes, the 29-year-old editor-in-chief of the New Republic - as well as Facebook co-founder and Obama campaigner - shares with PandoDaily's Sarah Lacy some of the lessons he has gathered at the helm of  the venerable American political magazine. And I think he's right:  the church-state … [Read more...]

Watch out Memoto: is that a wearable miniature camera with HD video and audio as well?

It was only a matter of time before Memoto, the much vaunted Swedish company behind the 'world's smallest wearable camera', started facing real competition in the lifelogging space. In the last few months, that has appeared in the US market in the form of ParaShoot, pictured above, a wearable HD … [Read more...]

‘Publishers might build a revenue ledge through innovation of the advertising format, but the confusion that makes it work often diminishes the host publication’s credibility.’

NYT's David Carr considers the risks of native advertising for newspapers and other media. And now the US Federal Trade Commission is looking into the issue. … [Read more...]