• 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 25, 2016, 10:51 a.m.
    Business Models
    LINK:   |   Posted by: Laura Hazard Owen   |   May 25, 2016

    Here’s a new stab at local news: A new media company founded by , the former publisher of The Wall Street Journal; , the founder of Business Insider; and , a former Journal exec, is launching a line of city-specific news properties under the umbrella of a still-unnamed media company.

    First up is Denver. will launch as an email newsletter in June. According to a release:

    In addition to breaking news and telling stories worth sharing, Denverite will create resources that help explain the sometimes hidden or confusing systems and rules of the Mile High City and the state of Colorado, and will point to great reporting, writing and storytelling in the metro area, even if it didn’t appear in a Denverite product.

    Denverite’s editor-in-chief is Dave Burdick, who was previously the deputy features editor at The Denver Post. “The mission of Denverite is to provide our subscribers, followers, and readers with the finite amount of information that really matters right now,” Burdick said in a statement.

    The ultimate plan is to expand the model of aggregation, curation, and original reporting to cities across the U.S. Denverite, with eight to ten writers, will probably be in operation for almost a year before any expansion takes place, . After beginning as an email newsletter, Denverite will expand to a website and responsive mobile site by the end of June. There will be no advertising for at least the first six months.

    Denverite can perhaps be seen in the model of , the mobile-first Philadelphia news site. Billy Penn’s parent company, Spirited Media, plans to launch a second site called , focused on Pittsburgh, later this summer.

    Photo of Denver by used under a Creative Commons license.

    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.