• Lab
  • AndroidForMobile Foundation at
    HOME
              
    LATEST STORY
    Bad news from Mashable, BuzzFeed, and Vice shows times are rough for ad-supported digital media
    ABOUT                    SUBSCRIBE
    May 29, 2013, 1:57 p.m.
    LINK:   |   Posted by: Joshua Benton   |   May 29, 2013

    Also at D11, about the state of the company and platform. That included a bit about the news business. This is from All Things D’s Mike Isaac’s live paraphrasing of Costolo’s on-stage conversation with Kara Swisher:

    Kara: Let’s talk about the boston marathon and events like this. Do you have a responsibility here? Are you the new news org?

    Dick: About Boston — when events like these happen, my perspective.

    In the moment, the horror is very personal. I turned to Twitter to see if friends [like Foursquare CEO Dennis Crowley] are safe.

    But it’s always been the case that folks are trying to sift through what’s out there and verify what’s true.

    The beauty of Twitter today is that when those sorts of rumors surface, the crowd is doing a very good job of sorting out what’s real and what’s rumor very quickly.

    We think of ourselves as very complementary to news orgs.

    We’re the platform for global information distribution for the people, by the people.

    The news orgs are the curators, the editors, the analysts. They do that important work.

    Kara: Will you become more of a news org?

    Dick: No, I see us partnering more with news orgs to distribute this real-time feed of info, probably working with companies that can help organize that information and dole it out to news org readers.

    Show tags Show comments / Leave a comment
     
    Join the 45,000 who get the freshest future-of-journalism news in our daily email.
    Bad news from Mashable, BuzzFeed, and Vice shows times are rough for ad-supported digital media
    The rapid growth of Google and Facebook continues to take its toll on digital media companies.
    Asking members to support its journalism (no prizes, no swag), The Guardian raises more reader revenue than ad dollars
    The Guardian revamped its ask and its membership offerings — moving from 12,000 members in the beginning of 2016 to 300,000 today.
    Beating the 404 death knell: Singapore news startups struggle to cover costs and find their footing
    Political news reporting doesn’t seem to be holding up well as a business in the city-state. And it’s even harder when you’re seen as “alternative” media.
    Кодекс Пирата хайп