What We Know About the Business of Digital Journalism
What We Know About the Business of Digital Journalism
What We Know About the Business of Digital Journalism
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Columbia <strong>Journalism</strong> School | Tow Center for <strong>Digital</strong> <strong>Journalism</strong>Chapter 4The New New Media: Mobile, Video and O<strong>the</strong>r Emerging PlatformsNews organizations can be forgiven for feeling that <strong>the</strong>y’re in an endless cycle<strong>of</strong> Whac-A-Mole.They’ve had 15 years to get onto <strong>the</strong> Internet, and for much <strong>of</strong> that time <strong>the</strong>experience was limited largely to words and photos on a <strong>We</strong>b page, accessed ona personal computer. But more recently, journalism has been blessed and bedeviledby a stream <strong>of</strong> follow-on innovations. As a result, most organizations havetried to develop new ways to report and distribute stories, and many are makingsubstantial investments so <strong>the</strong>ir work will appear on attractive new devices. Theirhope is that <strong>the</strong>se new kinds <strong>of</strong> digital journalism will enhance companies’ earnings;<strong>the</strong>ir fear is that if <strong>the</strong>y don’t adapt, <strong>the</strong>y will lose audiences’ attention and<strong>the</strong> revenue it brings.It hasn’t been easy. Video has been seen as a great way to get more sustainedengagement, but many news organizations have found it to be expensive and difficultto produce. And even though ad rates are three to five times what regulardisplay ads bring, video <strong>of</strong>ten doesn’t get enough traffic to attract substantial revenue.Mobile devices, meanwhile, provide consumers with greater access to news,but <strong>the</strong> small screen size can be a nightmare for designers and a poor display spacefor advertisers. Tablets—particularly <strong>the</strong> iPad—have looked like a more immersiveexperience for readers, and a more likely venue for subscriptions and higherad revenue. But <strong>the</strong>ir luster has dimmed as <strong>the</strong> dominant manufacturer, Apple, hasinsisted on charging high fees and controlling economically valuable informationabout customers. Each new device brings an additional level <strong>of</strong> complexity andexpense. Not long ago, “convergence” was <strong>the</strong> keyword in news production, astelevision, newspaper, magazine and pure online sites all started to look <strong>the</strong> same.Now comes a new “divergence,” in which online journalism organizations mustdistribute news into distinctly different modes <strong>of</strong> presentation.The New New Media: Mobile, Video and O<strong>the</strong>r Emerging Platforms 55