By VADIM LAVRUSIK and SHANE SNOW

As I have mentioned in previous posts, Ken Lerer, co-founder of The Huffington Post, is teaching sessions to Columbia University Journalism Students on media entrepreneurship, often bringing in experts in the industry on various topics. Yesterday’s topic was on what journalists need to know about advertising online, and the guest was Jim Spanfeller, former CEO of Forbes.com. Also, if you’re interested, here is a post and live blog recap of last year’s talk on the same subject.

The discussion was enlightening, but we want to highlight three main points that were made by both Spanfeller and Lerer during the session:

(Silly disclaimer, but one that demonstrates a lesson learned: This post had some 20 retweets, but the cache was cleared because of me changing from Lavrusik.com to VadimLavrusik.com and back to Lavrusik.com - Apologies if your RT is now undocumented on this blog.)

Today the Columbia University Graduate School of Journalism released a report by Leonard Downie, Jr., former executive editor of The Washington Post, and Michael Schudson, a journalism school professor, that aim to propose new steps to take on the challenge of supporting public affairs reporting. Below is a compilation of links to stories of reactions on the report. With quotes from each for you to get an idea of what some of the media folks out there are saying. Feel free to post others in the comments that you agreed with or found helpful. I am going to keep updating this as much as I can with new reactions. ….

University of Minnesota researcher Christine Greenhow and her team released their findings based on analytics of interaction with The Minnesota Daily Facebook Application today. For those new to the project, it was a Knight Foundation funded application built by NewsCloud in collaboration with The Minnesota Daily, a college paper I was editor of last year. This wasn’t the only application built by NewsCloud, but one that focused on a niche geographic area and topic: news and issues surrounding the University of Minnesota community.

Some of the key findings are echoed in a recent post by Steve Rubel who wrote a post about the next great media company won’t have a website, but will likely be an application or some form of publication directly on a social site. The key things that stand out to me is that the Facebook application was not only able to attract “influentials” to engage and participate but that “as a vehicle to express opinions, stay informed, and connect with a local community, social media publications like The Daily may have an advantage over traditional news sites.” The best part is that this source code for the apps is open.

If you’re interested in the research, check out the full summary of the findings here (PDF). The data backing these findings up will be released later. Or here is an excerpt below:

Key Findings

1. Correlations between visits to social network sites and visits to news Web sites, as well as other online behaviors, suggest the potential of integrating applications like The Daily into young people’s online social networking routines.

2. As a vehicle to express opinions, stay informed, and connect with a local community, social media publications like The Daily may have an advantage over traditional news sites.

3. Interest in The Daily application’s focal topic — University of Minnesota community issues — increased. Daily users mostly used the application for what it was intended, namely, to engage them in campus-related issues.

4. The Daily application attracted a base of users who were already active in the community. The profile for these users and the high rate of viral invites, suggest that social media publications such as The Daily might not only attract “influentials,” but that these highly connected individuals will also invite their friends.

5. Examination of digital literacy practices reveals Daily users engaged in scanning stories rather than reading in full. Users participated in a range of non-school online reading and writing activities via social network sites, suggesting the potential for future applications.

At the Columbia University Graduate School of Journalism we are lucky to have access to some great minds in the media industry, including Ken Lerer, the co-founder and chairman of The Huffington Post, who is teaching six sessions on media entrepreneurship. On Tuesday, Lerer used the first session to outline the five points he wants to focus on.

I think that all of these are quite important to the media industry moving forward and wanted to share them with you, along with a few others that he pointed out during the discussion with journalism students. However, starting an online journalism site is not easy, despite how-to guides making it seem that way sometimes. Most of these are trends that Lerer himself and others are seeing in online journalism. One reason being is that there may be some opportunity to add other topics. So, if you think there is something very important missing, please do share.

1. The Shift From Mainstream to Social Sites

This is pretty self explanatory. “Content companies have to get into the social business or fall by the way side,” Lerer said. He also talked a bit about how some news organizations are taking advantage of this by integrating social tools into their sites, such as Huffington Post using Facebook Connect. Read my recent post for Mashable on 7 Ways To Make News Sites More Social. I think this needs to not only go one step further, but perhaps there is a possibility that some of these social sites may eventually provide CMS for publishing.

A mix of WordPress, Facebook and Twitter into one awesome content site - now that may be a Knight Foundation News Challenge winner. Why? Well, the social sites are outpacing news sites in terms of use and are growing at very fast rates (check out graph below) and social networking use has tripled from only a year ago. Lerer also pointed to news being consumed or passed on through friends on these sites. This is the way many people get and share their news now, through social networks. Lerer also noted that for a news site like the Nytimes.com to implement many of the tools and figure out how to incorporate them into the content will take some time.

2. Advertising Effectively

This is a bit of a difficult topic. How to fund the work that takes place in journalism is a much debated topic. However, Lerer said that he thinks advertising is the big money maker. It hasn’t quite caught on on the Web though, or at least people aren’t willing to pay as much for online ads. However, making money off social sites will be the next big business on the Web. You have to think of your future customers, Lerer said. Paywalls? Lerer thinks it is “insane” to fight the link community. He said that he think that news sites will end up offering some content free and require subscription to view certain parts content on the site.

3. Local Content

Lerer continues to be a firm believer that local will be the next big thing. It hasn’t advanced as quickly as some anticipated and there is no big business model for it yet. Yet Lerer is optimistic. “You’re going to see local explode,” he said. He said if he were starting another Web company, it would be something with local. The key is looking at a market and asking yourself what is missing or what could be covered better? What service can you provide that another site is not doing well on or doing at all?

4. Community

Without community on a site, it is likely that will not be as successful as you would hope. Lerer said for a content site, community is hugely important and should not go overlooked. Some sites have great content, but little community and lose out on traffic as a result and in search rankings.

5. Citizen Journalism and User-generated content

Also, trying to figure out how the relationship between staff journalists and contributing citizen journalists should function is another thing to figure out. There are no clear-cut answers but I think that more journalists will first start out by contributing to a site as a citizen before getting hired on staff. The best will still rise to the top, if not more so than today.

6. Video

So how does video fit in? Lerer said that he thinks video is the future of the Internet, or at least there will be a lot more of it on content sites in the future. There is a spectrum with Hulu on one end and YouTube on the other. One is high quality and longer pieces, but costs a lot to produce. The other is usually not as good of quality, but is usually very cheap to produce. The key is figuring out where the middle is.

7. Content is King

This goes to a point made earlier: What kind of content does a market area not have? Or perhaps you could do a better job producing that content and providing a place where the community is stronger or delivering it more efficiently. Whatever it is, Lerer said ultimately content is king.

Below are the other key points that will be outlined in future sessions, but ones that the discussion didn’t go into. I will make sure to touch on these more in the future:

• How to make traffic go viral (SEO, etc).
• Social and real-time distribution
• How to raise money to start you business

So what’s missing? Would love to hear it in the comments.

Sree Sreenivasan, my dean of student affairs and professor of digital media at the Columbia School of Journalism, organized some great guests for a webcast today on how journalists can use Facebook. In fact, the Journalism School is teaching how to use Facebook as a tool for journalists, among other social media. The panel included:

• Arik Hesseldahl, senior technology writer at Businessweek.
• Brandee Barker, director of communications at Facebook (Product/Platform)
• Barry Schnitt, director of communications at Facebook (Privacy/Policy)
• Ben Parr, the now co-editor at Mashable.com

Below is the webcast via Blogtalkradio. And also here is a short post from Ben Parr briefly mentioning what the conversation was about (why journalists should use Facebook, the new features, etc.):

Credit: Sean Horan

Updated: Here is a summary of the show from from FishbowlNY. Or listen to it below.

Alright, so usually I don’t use this blog to promote stuff, but I am interested in starting a discussion around the topic. I will be on Mediabistro’s Morning Media Menu tomorrow morning at 9 a.m. talking about why I went to Columbia University’s Graduate School of Journalism, instead of going the job route.

Recently, there has been a lot of skepticism out there about whether journalism schools are actually beneficial for a journalist’s career. A lot of people point to the failings of many journalism school curriculum’s in incorporating relevant skills needed in today’s industry, while others simply say that much of what is being taught can be learned on one’s own time or in a work environment.

I personally think that journalists have an opportunity to not only gain valuable skills at journalism school, but also experiment in ways that they might not be able to in the workforce. Innovation and experimentation in newsrooms is often clouded by bureaucracy. What do you think? Is journalism school valuable today, especially at the graduate level? Listen in tomorrow at 9 a.m.

I know that this video is directed at college publications, but I think this is great to watch for college and professional news organizations. Creating an innovative environment and experimenting is key (I mentioned this point and used the Hack Day at the Guardian as an example in my post on newspapers’ survival for Mashable). I think that college media have a great opportunity to experiment and be bold in ways that professional media are often limited.

Credit to the CoPress folks for making this video. Make sure to check out their site, especially if you are in college media:

A Case for Innovation from CoPress on Vimeo.

The title says it all. Today, I start classes at Columbia University’s Graduate School of Journalism. And after reading Patrick Thornton’s post on being honest about journalism school and its worth, I started thinking about what I think is missing at many journalism schools today: partnerships with the universities’ business schools.

Thornton talks about how to best acquire necessary journalism skills and why folks shouldn’t go to journalism schools, as well as some mentions of journalism school curricula that are working (Extended Note: Thornton seems to have something against Columbia’s Graduate School of Journalism, which is where I am currently studying and cites its curriculum as outdated - though it isn’t quite clear why because the opposing examples he provides - one being NYU’s Studio 20 - aren’t much different than the options available at Columbia’s j-school, such as the workshop Nightly News. I think graduate programs in journalism are still valuable in gaining skills, and personally for me, helpful in having M.S. credentials to hopefully teach journalism one day). Anyway, the point is something is missing at many journalism schools that should be available at all. Thornton gets this right:

Here is the rub: If you’re going to attend a journalism program — especially a graduate program — you want to be in a program that will teach you how to start your own projects and be entrepreneurial. You want a program that realizes that the (social) Web is the present and future of journalism.

One thing that schools like CUNY’s Graduate School of Journalism have it right is a curriculum that includes an entrepreneurial program as well as The Knight Center for Digital Media Entrepreneurship at the Walter Cronkite School of Journalism and Mass Comm at ASU and Medill’s Graduate Journalism Innovations Projects. These are just a few example. But a partnership for journalism students to work together with business school students on websites that provide engaging and quality content but at the same time experiment in creating online revenue models that work should be available at all journalism schools.

In fact, I think it should be available as a specialization track at journalism schools. Though journalism schools have been implementing entrepreneurial and innovations elements into their curricula, one class or projects on the subject is not enough to fully experience what it would take to create a successful startup. Most journalism schools have figured out the need for teaching students essential web skills, and in many cases learning how to start a website and produce content for it in various ways. However, learning how to make that website profitable is just as important.

Today I gave a workshop to college journalists from around the country at the Associated Collegiate Press Summer workshops. The title of the presentation was supposed to be, “Beyond Facebook and Twitter: Using Social Media as a Journalist.” Well, below are the results of the powerpoint I made. Though the presentation was for college journalists, the same principles apply.

Many of the key points come from the a Mashable post that I wrote a month back, but expanded on some of the example quite a bit. I would love some feedback. The college journalists seemed to respond well to it.

Here is an excerpt from a post for Mashable.com today that looks at how universities are using social media to communicate with alumni.

Of course, helping former students stay connected is just one reason universities are turning to social media; fundraising is another, and there are many more. Below is a look at 10 ways higher education is harnessing the power of social media to engage alumni. Let us know of any other ways you have used social media to connect with graduates or your former classmates in the comments below.

1. Helping Alumni Find Jobs

Keidra Chaney, an emerging media specialist at DePaul University (@depaulalumni), said LinkedIn is by far the school’s biggest success with 5,500 members currently in their alumni network on the site, and about 100 new members joining weekly. Chaney said the community has active job postings for alumni on the hunt for work, and that most jobs are posted by other alumni. The most recent issue of the school’s alumni magazine actually focused on how alumni are using social media.

Read the full post here.