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The decline in advertising revenue was one of the major factors leading to the closure of many local newsrooms. Although the media industry is yet to find a sustainable model for financing local journalism in the digital age, a number of new initiatives suggest that adopting a new business model can help solve some of the challenges.
Speaking at newsrewired on 7 November, panellists discussed how they are experimenting with different business models, testing out memberships, audience engagement strategies and community building projects.
1. Membership and cooperative model
Since being rolled out three years ago, the Guardian’s membership scheme has become one of the most oft-cited models amongst major publishers in the UK and internationally. As newsrooms debate whether they need to follow suit, if the Guardian’s lessons in memberships are anything to go by, it can certainly help to get loyal readers to reach into their pockets and back their journalistic cause.
However, new media startups have shown creativity in this field too and are starting to rethink how to implement a membership business model. Look at how Swiss media start-up Republik is turning paying members into shareholders and has collected 7.7 million CHF (£5.8 million) from mostly memberships in a recent crowdfunding campaign.
This session, powered by Google’s Digital News Initiative, will explore some of the metrics and audience insights powering engagement initiatives at media organisations, and ways to turn these from numbers on a screen to products …
In a session powered by Google’s Digital News Initiative at newsrewired on 7 March, we will explore some of the metrics and audience insights powering engagement initiatives at media organisations. How are newsrooms turning these from numbers on a screen to products and services that readers, viewers and listeners will use and that will also benefit the business?
The next newsrewired digital journalism conference takes place on 7 March at Reuters in London, followed by a day of training on 8 March. A limited number of tickets are still available for £180+VAT.
This will be our 21st conference, and as usual, we’re aiming to provide delegates with practical skills and ideas they can take home and explore in their own organisations.
Speakers from De Correspondent, CNN Digital International, NRK, BBC News Labs, Quartz, The Telegraph, Financial Times, Publish.org and more will join us on stage on 7 March to discuss the latest trends and techniques in digital newsgathering and storytelling.
With two months to go until our next newsrewired digital journalism conference (7 March, London), we are pleased to announce the first round of speakers who will be joining us on the day to discuss the latest trends and techniques in digital journalism.
Speakers from the Financial Times, The Telegraph, BBC, the Credibility Coalition and more will discuss the key skills needed in newsrooms today and the changing shaping the industry today, including mobile journalism, livestreaming, the changing relationship between readers and journalists, and news distribution on voice-controlled devices.
Early-bird tickets to the event are still available until 12 January, so grab yours for just £130+VAT this week.
Two workshops are also available as part of the newsrewired+ training day on 8 March.
At today’s news:rewired conference, Leila Haddou, data journalist at The Times and Sunday Times, shared her favourite free and open-source tools to help journalists develop better skills for interactive and visual reporting.
The tools range from story gathering …
Many projects now involve staff members from different teams within a media organisation, as well as journalists from other newsrooms altogether. What are some best practices for managing a successful collaboration between journalists, developers, and …
Our next newsrewired digital journalism event will take place on 22-23 November at Reuters HQ in Canary Wharf, London. This will be Journalism.co.uk’s 20th newsrewired conference, featuring a mix of panels, talks and workshops on 22 November, followed by a full day of training for newsrewired+ delegates, who will be able to register to attend one of three full-day, practical training courses.
As usual, newsrewired will look at the latest trends and techniques in digital journalism, in a hands-on, accessible way, highlighting tools, workflows and lessons delegates can then take back to their teams and start applying in their day-to-day work.
Journalism.co.uk has started working on the agenda for the conference on 22 November, as well as the training options for 23 November, and the first speakers will be announced soon. We are now able to reveal some of the topics we plan to include on the agenda, as well as open registration for discounted early-bird tickets.
The Journalism.co.uk team has been hard at work making the final preparations for the newsrewired digital journalism conference, taking place at Reuters in London next week on 19 July. In between prepping the information sheets for delegates and the swag bags, we have also added two more speakers to our panel on election reporting and political journalism.
We are very happy to announce that Anushka Asthana, joint political editor, the Guardian, and Christian Broughton, editor, The Independent, will be joining a panel discussing election coverage, reporting on polls, and making political journalism more engaging, alongside Guy Faulconbridge, Reuters UK bureau chief, and Kate McCann, senior political correspondent at The Telegraph.
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