March 23, 2009

NYT: A Web Site’s For-Profit Approach to World News

Another interesting take on the evolving Internet business model for journalism, this time from Elizabeth Jensen of The New York Times. Global Post, an online-only outlet for original international reporting, mixes an ad-based free version with a paid version that allows subscribers to suggest article ideas.
clipped from www.nytimes.com

Recent articles, free at GlobalPost.com, included reports on Thailand’s Islamic insurgency and Indian yogis worried about the financial crisis.

That ad-supported reporting is only one part of the GlobalPost business plan. If it is to succeed, it will depend in part on how many people sign up for a separate paid section of the site, which was to have been available in test mode beginning last week but is now expected to go online in the coming days.

Called Passport, it offers access to GlobalPost correspondents, including exclusive reports on business topics of less interest to general audiences, conference calls and meetings with reporters, and breaking news e-mail messages from those journalists.

Passport subscribers, who pay as much as $199 a year, can suggest article ideas. “If you are a member, you have a voice at the editorial meeting,” although the site will decide which stories to pursue, said Charles Sennott, a GlobalPost founder and its executive editor.
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