Business Links
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- nozzlsteve: @capnleela Yes, I'll have a Nozzl product demo for the next journo social hour. And I'm on a panel tomorrow discussing the future of papers.
- @nozzlsteve
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- Daniel Bachhuber of Publish2 and CoPress linked this on November 10, 2009 at 3:50PM EST
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- Daniel Bachhuber of Publish2 and CoPress linked this on October 30, 2009 at 5:24PM EDT
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Daniel said:
Current revenue streams are advertising, syndication, and subscription Passport service. The subscription service has 500 paying customers currently; they hope to scale to "25,000 or 50,000 members in the years ahead."
Quote: Phil Balboni, chief executive of GlobalPost, said the company is on pace to generate $1 million in revenue this year and expects $3 million in revenue next year, which would reduce their operating loss by 50 percent. (He didn't say so explicitly, but you might deduce from those numbers that GlobalPost's annual expenses are $5 million.) The goal is to achieve profitability by 2012.
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- abrahamhyatt: Congrats to @theportlander for landing a big angel investment deal. Looking forward to what you guys do next.
- @abrahamhyatt
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- Daniel Bachhuber of Publish2 and CoPress linked this on October 30, 2009 at 1:22AM EDT
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- Cornelius Swart of Portland Sentinel linked this on October 12, 2009 at 3:23PM EDT
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Cornelius said:
no surprises here
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- Daniel Bachhuber of Publish2 and CoPress linked this on October 3, 2009 at 6:35PM EDT
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Daniel said:
The real question: if the project starts making money on its own, would the Knight Foundation take a slice of that? Or is it just if the project gets sold? This is more significant than it appears on the surface.
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- Daniel Bachhuber of Publish2 and CoPress linked this on August 17, 2009 at 3:03PM EDT
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Daniel said:
The project will reportedly be under full control of the EveryBlock team and still based out of Chicago. I can't wait until Portland is covered.
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- Newspapers' Original Sin: Not failing to charge but failing to innovate
- Pursuing the Complete Community Connection
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- Daniel Bachhuber of Publish2 and CoPress linked this on August 16, 2009 at 11:50AM EDT
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Daniel said:
Innovation in this context means offering better advertising solutions to businesses. Steve Buttry does a good dissection of the pay wall argument.
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- Daniel Bachhuber of Publish2 and CoPress linked this on August 11, 2009 at 8:55PM EDT
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Daniel said:
"We must stop perpetuating the fiction that existence itself is dictated by the immutable laws of economics."
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- howardowens: Instead of asking about pay content, why aren't publishers asking, "should we have the newspaper online at all?" Legit question, I think.
- @howardowens
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- Daniel Bachhuber of Publish2 and CoPress linked this on August 10, 2009 at 11:51AM EDT
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- Daniel Bachhuber of Publish2 and CoPress linked this on August 1, 2009 at 5:04PM EDT
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Daniel said:
One of them is radical transparency. Brilliant.
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