In the final part of the Model for the 21st Century Newsroom I look at how new media has compounded problems in news organisations’ core business models – and the new business models which it could begin to explore.
Let’s start by looking at the traditional newspaper business model. This has rested on selling, in a broad simplification, three things:
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Advertising. Put more explicitly: selling readers to advertisers.
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Selling content to readers, and, twinned with that:
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Selling the delivery platform to readers – i.e. the paper
Developments in the past few decades have eaten into each of those areas as follows: Continue reading