Journ 1100 Edition 1st Lecture 16 Outline of Last Lecture The Economics of Print and Digital News I Costs a First copy b Reproduction II 3 kinds of media content III 2 kinds of distribution IV Innovation a Sustaining b Disruptive V What jobs do newspapers do VI News Network Effect VII Advertising innovators News innovators Outline of Current Lecture Journalism Digital Technologies I Paywalls a Hard paywall b Soft paywall II Nonprofit News Model a Other nonprofits b How news nonprofits stay sustainable III How can the Internet and social media be used to report news IV Hyperlocal journalism V Concepts Old and New Current Lecture Journalism Digital Technologies I Paywalls system that prevents Internet users form accessing content without paid subscription Hard paywall allow minimal or no access to content without subscription Soft paywall more flexible in what users can access II Nonprofit News Model These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute Ex St Louis Beacon a non profit news startup founded by St Louis Dispatch veterans in 2009 Lasted 5 years St Louis Beacon St Louis Public Radio merged the goal of the merge was to combine news staff Financial model support of listeners and online readers to attract donations III IV V Other nonprofits i Center for Investigative Reporting based in California 10 million budget in 2012 ii Texas Tribune 4 5 million budget in 2012 focus on state gov and politics iii Voice of San Diego 1 1 million budget a year look at local issues and gov How news nonprofits stay sustainable Create social value use social media websites email newsletter public events and partnerships with other news media Create economic value find multiple sources of revenue to stay sustainable foundations donors sponsors events Adapt and innovate start by creating high quality news content How can the Internet and social media be used to report news Find people to interview Hear from public about their experiences Verify info Google facebook and other media are in a way gatekeepers because the info they give is what we use Hyperlocal journalism form of journalism marked by intense focus on locality Community news defined by geography Focus on single issues ex large neighborhood suburb focus on one issue Heartland of Columbia Concepts Old and New Legacy Media predate the internet newspaper and broadcast i Depend on heterogeneous mass audience advertising revenue Dual product model Digital first serve audience quickly on digital platforms ii Legacy media reorganize to break news on digital platforms first These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute