This is an excerpt from the second of several posts I wrote for Mashable.com that takes a look at the news media in 2010. It looks at 10 news media content trends:
The news media is experiencing a renaissance. As we end the year, its state in 2009 can be summarized as a year of turmoil, layoffs and cutbacks in an industry desperately seeking to reinvent its business model and content. But despite the thousands of journalism jobs lost, the future has much hope and opportunity for those that are willing to adapt to a changing industry.
Much of that change is happening now. And in the coming year, news organizations will look to approach monetization and content experimentation that is focused on looking at the web in a new way. News () in 2010 will blur the lines between audience and creator more than ever in an era of social media. Below is a look at several trends in content distribution and presentation that we will likely see more of in 2010.
1. Living Stories
One of the difficulties of the web is being able to really track a story as it develops and creating engaging formats for long-form articles. The article page is often the only thing that a reader sees and not the story in its full context. In 2010, news organizations will design stories that are more suited to the way readers consume online content.
One early sign of this is the recent collaboration between Google (), The New York Times, and The Washington Post on the Living Stories project, an experiment that presents coverage of a specific story or topic in one place, making it easy to navigate the topic and see the timeline of coverage on the story. It also allows you to get a summary of the story and track the conversations taking place. This format contextualizes and personalizes the news.
Read the full post here.
This is an excerpt from the first of several posts I wrote for Mashable.com that takes a look at the news media in 2010. It looks at 8 news media business trends:
With the news industry struggling to find new revenue streams that can reshape their broken business model, 2010 will be defined by experiments in news media monetization. This will also include content that is guided more than ever by the audience and ad revenue.
This coming year we will also see the results of news organizations putting pay walls up, as well as new experimental models like accepting Web donations from readers — some of which may prove to be successful. Below are eight emerging news media business trends to look for in 2010.
1. Social Media Monetization
The coming year will see emerging business models, including social media monetization. And as advertisers become more comfortable with advertising in social media, news companies will look to capture those dollars.
“Twitter display ads,” said Matt Thompson, interim online community manager for the Knight Foundation. “I don’t understand why this hasn’t happened yet.”
Thompson pictures a half-page ad that is actually a TwitterTwitter widget from a retailer’s corporate account. In fact, some news organizations have already experimented with social ads. Robert Quigley, social media editor at the Austin American-Statesman, said they gave Twitter ads a try and have gotten some mixed reactions from followers, but did not lose any of them. The Huffington Post is also going to sell tweets to advertisers.
Read the full post on Mashable here.