5 ms·
"One of the highest-profile acquisitions came in 2011 when Bloomberg—already a behemoth in the business-intelligence sphere—bought a longtime employee-owned tra
by rubidium 11y ago
"One of the highest-profile acquisitions came in 2011 when Bloomberg—already a behemoth in the business-intelligence sphere—bought a longtime employee-owned trade outlet, the Bureau of National Affairs. BNA, as it is known, went for $990 million. [...] Contrast that with the recent sales and acquisitions of more household names in journalism. The Washington Post was sold to Amazon founder Jeff Bezos in 2013 for $250 million. The Boston Globe sold in 2013 for $70 million. "
Thing I learned from this article: There are real paying customers for the news, and --surprise surprise-- it's the people whose jobs depend on it. The bulk of the American public doesn't care enough to pay, and so won't get the full news.
I'm not sure that there's a way around this... ideas?
- protomyth 11y agoPut an synopsis version of the story outside the firewall and do the in-depth article with reference, graphs, etc. inside the firewall. Paid subscription with a google friendly, ad supported front-end. People who aren't going to pay the fee probably just want the synopsis (executive summary) version anyway.
- wodenokoto 11y agoI don't know why this is being down voted as its a fairly good solution. My idea was to have the general news media subscribe to these services and write delayed smaller summaries, kinda like how they subscribe to Reuter.
- apozem 11y agoNot a bad idea, but it would only work for stories with the appropriate depth to support a longer exploration that would make people feel like they got their money's worth. Some stories just aren't worth more than 300 words and don't lend themselves to major explorations.
- protomyth 11y agoI've thought about this one a bit, and taken as one story what you say is true, but I think there is no such thing as a standalone story. Links to previous stories either by type or area, links to stats (e.g. CDC ranking of mortality), etc. could provide some valuable context as opposed to sensational headlines.
- deleted 11y ago[deleted]