Daniel Bachhuber of Publish2 and CoPress linked this on January 26, 2010 at 10:20PM EST
Daniel said: In the comments, Carlos notes that, in a little over a month, they've seen 150 new online-only subscribers and only about an 8% drop in pageviews.
Daniel Bachhuber of Publish2 and CoPress linked this on December 8, 2009 at 7:53PM EST
Daniel said: Launching in January, SacPress will be selling the ads and Adify supplying the knowledge. Publishers can expect to receive 60% of the revenue.
Daniel Bachhuber of Publish2 and CoPress linked this on December 5, 2009 at 10:20PM EST
Daniel said: Actually, look at the graph. Most of the visitors to your news website come once or twice a month. A pay wall at the front door means that they're discouraged from becoming more engaged readers.
SuziSteffen: I like that @AbrahamHyatt has gone through and crunched the numbers for possible philanthropic funding of new media nonprofit. SMART. #wmtm
Daniel Bachhuber of Publish2 and CoPress linked this on October 30, 2009 at 5:24PM EDT
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.
Daniel Bachhuber of Publish2 and CoPress linked this on October 27, 2009 at 12:48AM EDT
Daniel said: The new Chicago News Cooperative will be a nonprofit to begin with, but will change to an L3C after January 1st. It will be a useful proof of concept to watch for those interested in the model. Quote:
Speculation and interest in the L3C model in journalism has run high. Some have looked to the L3C model as a solution for newspapers because it allows a corporation to take on investors who are willing to accept varying rates of return - or possibly none at all. Foundations would be assured that their investment would qualify as a program-related investment - a crucial distinction under tax law - while socially responsible investors might be willing to settle for, say, a 3 percent return.
Daniel Bachhuber of Publish2 and CoPress linked this on September 18, 2009 at 11:52PM EDT
Daniel said: David Carr and Mike Masnick in the ring. David's a fan of charging for tiers of content, while Mike makes the argument that you should leverage the content to make the scarce products more valuable.