Tag Archives: Knight Foundation

The Aspen Presentation Archive

Posted on 20. Aug, 2009 by .

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Here, thanks to GroundReport’s Rachel Sterne, is the archive of the presentation we made at the Aspen Institute on Monday; it starts a few minutes in. The New Business Models for News Project has been funded by the Knight Foundation. (View all the new business models.) And here, again, is the presentation, which uses new […]

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New Organizations, New Relationships

Posted on 19. Aug, 2009 by .

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We’ve heard a lot about our forecasts for advertising revenues in the New News Organization this week (mostly asserting that our cpm and penetration assumptions are too optimistic). But, it seems our other goal–to envision a sustainable business built on a diversity of revenues–has been largely overlooked. In fact, in year three of our NNO […]

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Advertising in a Sustainable Not-for-Profit Model

Posted on 18. Aug, 2009 by .

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We’ve been getting a lot of great feedback to our models, both online and out in Aspen, since we made them public yesterday. Some of the best comments have come from Jim Barnett, who questioned some of the results in our not-for-profit model both in the comments and later in a piece on theNieman Lab […]

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Thank You and Keep 'em Coming

Posted on 18. Aug, 2009 by .

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So far we received a lot of interesting responses since the FOCAS conference kicked off yesterday and we look forward to reading more as we continue to break down our individual models. This project is all about interactivity and we wouldn’t have moved past the theoretical phase without your input. That goes for our 113 […]

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Hyperlocal Revenues, Yes, They're High

Posted on 18. Aug, 2009 by .

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The figures we used for our Hyperlocal model were based on three market sizes — small (20K), medium (35K), and large (60K) — supported by a broader Framework of local businesses and ad networks. Yes, our work assumes that “in a metro market of 5 million people, the hyperlocal network will be able to get […]

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The Assumptions Behind Our Models

Posted on 17. Aug, 2009 by .

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Some points about the assumptions baked into our models: We settled on a $12 cpm as a conservative benchmark, based on feedback from a number of news organizations, large and small. Indeed, we commonly heard a range of $15 to $20 cpm. In terms of for-profit startups that replicate what we are calling the New […]

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Staffing in the New News Organization

Posted on 17. Aug, 2009 by .

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As a news business that performs several functions — metro-wide coverage, community training, business-to-business services — the New News Organization will have a small, but diversified staff of 40 in its first year, ramping up to 54 in its third year. Each staffer will gross an average salary of $78,000 a year, including a 25% […]

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FOCAS: Live from Aspen

Posted on 17. Aug, 2009 by .

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The CUNY New Business Models for News Project, funded by the Knight Foundation, is presenting its work at the Aspen Institute’s Forum on Communication and Society today. (You can read about our project here and dig into the new models here.) Below is Jeff Jarvis’ presentation, which he made using new software from Prezi. Just […]

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The Models: Hyperlocals & the Framework

Posted on 17. Aug, 2009 by .

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This set of spreadsheets incorporates two models: hyperlocal and the sales, support, and technology framework that we believe is necessary to optimize businesses in the ecosystem. We believe an organization that enables advertising networks and other services to support the local news ecosystem is both a sustainable business and will make individual hyperlocal news organizations […]

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The Models: New News Organization

Posted on 17. Aug, 2009 by .

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This model envisions a new, metro-wide news organization serving a market of five million people that operates on a smaller scale and performs a wide variety of tasks. It will produce original unique beat and investigative reporting and it will also work collaboratively with the other members of the ecosystem and its readers to add […]

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