Business models

News organizations see Facebook as the ‘enemy,’ but they should still work with Facebook so they don’t ‘find themselves on an island’

Many news organizations see Facebook as a “giant that may eat us,” but Mark Glaser writes that news organizations still need to work with Facebook, despite their uncertainties. Back in 2010, news organizations saw Google as its biggest enemy and News Corp even removed its content from Google’s search results. But two years later, it […]

The challenges NYT faces in its global expansion: There’s fierce competition from established rivals in other countries and it needs to shift its strategy for different markets

As part of trying to double its digital revenue by 2020, The New York Times is taking on an ambitious international expansion. But even for a company that has as much “global recognition and respect” as NYT, Jessica Davies writes that there’s some significant challenges for NYT to overcome. Those challenges include competition from established […]

To get into the advertising and content business, Verizon will have to change its relationship with its customers

By acquiring AOL and Yahoo, Verizon was setting the stage to get into the content business. But Verizon could be facing an uphill battle as a telecoms company trying to get into the content business, Lucia Moses writes. Charlene Li, a principal analyst at Altimeter, says that Verizon currently represents little more than a monthly […]

The New Yorker’s editor in chief on what it means to be a legacy publisher in 2016: Readers aren’t looking for a cheaper, dumber version

“We have longstanding values and that’s never going to change,” New Yorker editor in chief David Remnick tells Digiday about what it means to be a legacy publisher in 2016. “At the same time, I live in the contemporary world and am completely alive to the possibility and complications of change. … What’s changed is […]

What’s missing from investigative journalism right now: Time and funding

“Stories that truly reveal something about the way power works” can’t happen in our current framework, Monika Bauerlein and Clara Jeffery write. Investigative journalism requires time for reporting — and time costs money. To that end, Mother Jones is calling for its readers to make a tax-deductible, recurring gift to supplement foundation funding, which Bauerlein […]

Univision is buying Gawker Media and its seven sites for $135 million

You might have heard: The auction for Gawker Media was expected to draw bidders such as New York Magazine and Penske Media, and Univision is trying to diversify and expand its audience through acquisitions But did you know: Despite the buzz around the sale, the auction for Gawker Media on Tuesday drew only two bidders: […]

One reason that Verizon was interested in purchasing Yahoo is its 600 million monthly mobile users

You might have heard: Yahoo agreed to sell its web business to Verizon for $4.8 billion (Bloomberg) and Yahoo’s remaining assets will rebrand after the sale to Verizon is final in 2017 (TechCrunch) But did you know: Verizon’s purchase of Yahoo puts the company on the path to building a “new media empire capable of […]

Looking to compete with digital media, Time Inc. will phase out the ‘publisher’ position

You might have heard: Earlier this month, Time Inc. announced “major” executive level changes (Advertising Age), reorganizing its leadership as it looks for “something of a resurgence” (New York Times) But did you know: The job title “publisher” will soon no longer exist at Time Inc., Keith J. Kelly reports. Instead of publishers, Time Inc. […]

‘The case against media. By the media.’

“Dire signs for media were everywhere this year,” New York Magazine writes: Hulk Hogan’s lawsuit against Gawker, questions about why more news organizations weren’t paying attention to police shootings, and accusations of being both too far to the right and too far to the left. New York Magazine talked to journalists about the structural problems […]

Subscription models are necessary, because most publications can’t totally rely on advertising

“The idea of publications totally based on advertising is, I think, an illusion,” Talking Points Memo’s founder and editor-in-chief Josh Marshall says. “Some can do it, but I don’t think it’s ever going to be a sustainable model for most publications. There [needs to be] something great and special about any publication that people think […]