Tuesday, February 4, 2014

Why you should care about why news startups are booming

Is that the business changes so fast it’s hard to keep up with what it means to be a journalist in the first place.
That’s a problem. It’s also very exciting. I don’t think there’s ever been a more interesting time to be in this racket.
Ken Doctor, a media analyst and consultant who writes the weekly “Newsonomics” column for Harvard’s Nieman Journalism Lab, has written an informative take on what seems to be the dominant trend in digital journalism circles. The headline: “The newsonomics of why everyone seems to be starting a news site.”
Bloggers turned journalism superstars Glenn Greenwald, Ezra Klein and Nate Silver are among those who have either launched or are leading new ventures. Doctor digs into the factors behind the phenomenon, and that’s worth reading even if you won’t likely be launching your own $25 million news site any time soon.
Doctor’s story is a business trend report, and, perhaps because there’s no mention of sports other than Silver’s association with ESPN, that might not strike you as interesting. But it should be if you’re in the midst of or considering a career as a sportswriter. Doctor is writing about the landscape of our business:
Journalists are more mobile than ever. People now bring along their own audiences. Just look at the Twitter followings and some of those in the news. Nate Silver: 653,000. Ezra Klein: 422,000. Glenn Greenwald: 326,000. Matt Yglesias: 100,000. Digital access and social sharing mean that both twentysomethings and veteran voices can develop big followings in a short time.
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