Ron Garret has a great post about the “classic mistakes that geeks make when trying to raise money for a new business.” I thought these spoke directly to challenges that publishers and media companies have when recreating their business model online. The myths are: A brilliant idea will make you rich. If you build it… Continue reading Top Ten Innovation Mistakes
Publishers Unsure About Newspapers Future
Editor & Publisher reports on an American Press Association (IAPA) seminar that shows publishers still at odds as to the best way to approach newspapers’ transition online. Wall Street Journal Publisher L. Gordon Crovitz seemed to tell the crowd what they wanted to hear: “Our goal is keeping a business model in order to maintain… Continue reading Publishers Unsure About Newspapers Future
The Limits of Social Media
Netflix just announced a contest that will award $1 million to the person who can improve their recommendation engine by 10% or more: ““Most of the easy stuff has been squeezed out already,” he said, adding that it had become increasingly difficult to make substantial progress in predicting accuracy.” I found it odd that the… Continue reading The Limits of Social Media
Profit by Giving it Away for Free
Yahoo is opening itself up: “Officials of the world’s largest Internet media company said on Friday it planned to give away the underlying code to Yahoo Mail, one of the crown jewels of its business, in a bid to encourage software developers to build new applications based on e-mail.” Why would a non-programmer care about… Continue reading Profit by Giving it Away for Free
Are Blogs & Editorials the Same Thing?
Jeff Jarvis compares editorialists to bloggers: “The irony is that the editorialists have long been guilty of the sins most often attributed to bloggers: They rarely report and mostly just leach off the work of other journalists. And they work anonymously. Worse, they attempt to speak as the voices of institutions, issuing opinions as if… Continue reading Are Blogs & Editorials the Same Thing?
Are All of Our Eggs in Google’s Basket?
Cnet looks at the changing nature of trust and information online in an article titled, “Most reliable search tool could be your librarian.” “Most people don’t bother to look at results past the first page or spend much time evaluating the source of the material, experts say.” “There’s a problem with information illiteracy among people.… Continue reading Are All of Our Eggs in Google’s Basket?
Traditional Publishing in Jeopardy
From AdWeek, an article titled “Print is not Enough.” “If you’re a magazine publisher who believes print ads alone will remain a viable business, Robin Steinberg has a message for you: think again… pressure is mounting on magazines to offer advertisers multiplatform packages that tie-in to the Web, mobile and other appropriate digital media.” “Readers… Continue reading Traditional Publishing in Jeopardy
Trends to Conquer the Online World
Some interesting insights from the recent Future of Web Apps Conference 2006. AU Interactive gives there recap from the conference titled “10 Things That Will Make Or Break Your Website.” Included on the list are: Make the website easy to use. Then make it easier. Obsess about your copy and how you communicate to your… Continue reading Trends to Conquer the Online World
Citizen Journalism 101
Mark Glaser gives us “Your Guide to Citizen Journalism.” In it he gives a brief history of the concept with examples. Some excerpts: “One of the main concepts behind citizen journalism is that mainstream media reporters and producers are not the exclusive center of knowledge on a subject — the audience knows more collectively than… Continue reading Citizen Journalism 101
Cashing in on the Long Tail
David Berlind has a great post about a recent talk that AOL’s CEO John Miller recently gave about online growth and user generated media, among other topics. Excerpts from David’s summary of the talk: “…the bottom line is that if people are spending more of their time online, and the number of hours in the… Continue reading Cashing in on the Long Tail