Greenwald declined to comment on the precise scale of the new venture or on its budget, but he said it would be “a very well-funded… very substantial new media outlet.” He said the source of funding will be public when the venture is officially announced.
“My role, aside from reporting and writing for it, is to create the entire journalism unit from the ground up by recruiting the journalists and editors who share the same journalistic ethos and shaping the whole thing — but especially the political journalism part — in the image of the journalism I respect most,” he said.
Posts Tagged ‘Guardian’
Winning stuff is always a nice thing.
Rusbridger, who has been editor of the Guardian since 1995, is being recognized for his leadership in the paper’s five-year investigation and exposure of phone hacking by employees of Rupert Murdoch’s News Corp. He led the negotiations with Julian Assange and subsequent publication of WikiLeaks documents. Rusbridger has also been instrumental in the paper’s “digital-first” business strategy.
Rusbridger will accept his award and deliver a speech at Harvard’s John F. Kennedy School of Government on March 6.
Past recipients of the Goldsmith Career Award include Frank Rich, Seymour Hersh, Christiane Amanpour, Peter Jennings, Gwen Ifill, David Fanning and Daniel Schorr. The awards also include a major prize for investigative reporting and two book prizes.
Mediabistro.com has an interview today with Guardian News & Media’s North American CEO Caroline Little, a former Washington Post Co. digital executive who left that company last year. She joined the British media company as a consultant and was later named CEO. Now she’s in charge of marketing The Guardian‘s Web site to U.S. advertisers, with the help of a new stateside ad team.
Since Little has watched digital media since its beginnings we were eager to hear what she had to say about the prospect of making money off online advertising revenues and pay walls. To that end, she said those sorts of payments were just the beginning — media companies are going to have to find other sources of revenue in order to survive, she said:
“I think everybody’s trying to figure out how not to be so dependent on advertising. The funny thing is, newspapers in print have always had at least 80 percent of their revenue come from advertising. So I think everybody is trying to look at different lines of business. I think paying for content is just one revenue stream. I don’t think it’s going to be the silver bullet.”
Read on for more from Little’s interview
From left: Hearst‘s Nicole Stagg, Jennifer Salant of Glam Media, Newser.com‘s Caroline Miller, Caroline Little CEO North America of Guardian News & Media, Lonny founder Michelle Adams and comedienne Sara Benincasa
Monday night Mediabistro.com hosted Dessert & Discourse, a panel and discussion for women’s magazine editors.
While panelists and attendees talked about the digital future of the magazine industry, our photographer clicked away. Now you can see all the photos here.
The move from print to digital publications was the topic of the moment at mediabistro.com’s annual event for women’s magazine editors last night at ilili. (But really, isn’t it the topic of the moment at every media event these days?)
On hand to discuss were some female leaders in the digital field: Michelle Adams, the founder of new online shelter magazine Lonny; Caroline Little, former CEO of The Washington Post Co.’s digital side and current CEO of North America for Guardian News & Media; Newser co-founder and editor-in-chief Caroline Miller; Glam Media’s Jennifer Salant and founding editor of Hearst‘s Delish.com and RealBeauty.com, Nicole Stagg. We also ran into lots of online editors like Betsy Fast from InStyle.com and Julie Hochheiser from Seventeen.com (now senior Web editor of Hearst‘s Teen Network) and we shared a table with Folio Associate Editor Vanessa Voltolina, WWD Senior Accessories Editor Roxanne Robinson-Escriout, BusinessWeek.com Community Editor Diane Brady and Barbara Brody and Annemarie Conte from Woman’s Day.
Over dessert and coffee, moderator Sara Benincasa steered the conversation on topics about the changing face of content in the digital space, monetizing content like video and some of the challenges facing an industry that needs to change the way it thinks in order to survive.
Here are some highlights from last night’s discussion:
When asked what metrics are most important to them, all of the panelists said they were concerned with “engagement.”
“I usually look at page views or time spent on the site, although when looking at page views I’ll focus on how much content each person is reading,” Stagg said. “We want to deliver impressions.”
“The fantastic number of numbers are overwhelming,” Miller added. “It’s terrifying that you know way to much about what people are doing. With print magazines, you know so little. Online, you know so much it can be debilitating.”
Later, Miller called print advertising “a big con” because you can’t tell if anyone is actually noticing it and basing decisions on it, yet print advertising is much more expensive for marketers to buy than digital ads, which can provide real time metrics.
Panelists were also asked if they would ever consider setting up a paywall or subscriber-based model for their sites. The answer: a resounding no.
Little said paywalls are “bad news for news.” However, she thought up one example where paying for content would attract readers. “If I needed to read about one topic and every day I searched through several news sources for information about this topic and instead it could be delivered in a quick and easy way, I would be willing to pay for that. Because it would save me time,” she said.
The panelists also agreed they would prefer provocative content that generated comments, even if it was only provocative in order to draw commenters. “The commenters are often as interesting as the content,” Miller said.
YouTube is number one on the list (although we agree with BayNewser that the classification of that site as “mainstream media” is a bit of a stretch) and The New York Times‘s site is number two. Another New York-based paper, The Wall Street Journal ranks number four. The top five is rounded out by guardian.co.uk at #3 and The Washington Post at #5.
The full list, and their “attention numbers,” after the jump
We’ve mentioned before that in all the recent news about layoffs and foldings the New York Observer has been noticeably absent. When publisher Jared Kushner spoke to the Guardian recently, he expressed his concern about the future of the industry as a whole, but seemingly less concerned over the future of the NYO. The New Jersey Star-Ledger may have discovered why!
The paper is reporting that money from a “complicated” Manhattan real estate deal — namely the $1.8 billion purchase by Kushner Cos. of 666 5th Ave by — was wrongfully diverted by Charles Kushner (Jared’s father) to fund the New York Observer. Also! Gov. James McGreevey‘s ex live-in lover is maybe involved.
In all the reports of layoffs and foldings and budget setbacks and year-end projections that have dominated New York media news the last few weeks the New York Observer has been noticeably absent. Owner Jared Kushner purchased the paper back in July 2006 for a reported $10 million and shortly thereafter converted it into a tabloid while simultaneously upping its online content and real estate coverage (“porn for rich people”). Britain’s Guardian caught up with Kushner who says that he is as worried as anyone else about the current environment.
[The Observer] has annual losses of $2m and circulation is barely above 50,000. “With regards to leverage our company is now conservatively leveraged with no real maturities coming in the next few years…His paper, Kushner insists, punches above its weight: “We speak to the wealthiest and most influential people in the city. Politicians often say to me, ‘articles in the Observer don’t get me votes, but you get me money.’
That said, despite revenue being up 40% this year, Kushner predicts it will be another two years before the NYO turns a profit. However(!), perhaps what’s most noticeable in Kushner’s tone is he lack of “the sky is falling mentality.”
We will admit there have been moments over the last 20 months when we weren’t convinced this day would ever come. But it’s here! Based on the accounts of some WNYC listeners the lines are long everywhere. Based on our Facebook page 670,000 users have voted. The BBC World News spent the first half hour this morning discussing today’s election and it is the front page story on both the Globe & Mail and the Guardian.
Needless to say the US coverage will be voluminous. The New York Times already has an interactive map up on the home page that will show the results as the polls close, and our favorite NYT liveblogger Kit Seeyle has mapped out your dinner plans based on election returns. Everyone from the Atlantic to individual reporters will be twittering throughout the day. We will do our best to keep up. In the meantime if you’re still unsure where to vote go here.
It’s a tiny bit easier to find humor in President George W. Bush‘s behavior abroad when you know the clock is ticking on his time in office. The Guardian, that very American British newspaper, has put together a LOL Bush at Beijing slide show. If if weren’t for the fact there is a war brewing in Eastern Europe, we’d almost be sad to see him go (home from Beijing, that is, not from the White House).