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Posts Tagged ‘Matt Romanoski’

Trying To Find A Business Model That Works

IMG_1821 - Version 2.jpgLast night’s panel produced by Mediabistro.com and sponsored by Demand Studios focused on finding a business model for news on the Web but — like most panels of its kind — no real conclusions were reached.

The panel was moderated by BusinessWeek columnist Jon Fine, and featured (in photo from left to right) “rogue girl blogger” Maegan Carberry, NYU professor Jay Rosen, Mediaite.com Editor at Large Rachel Sklar and NewJerseyNewsroom.com‘s Matt Romanoski.

Moderator Fine started the panel off with some scary statics — comparing the amount of ad sales money generated by the New York Times versus the Huffington Post. The Times made over $1 billion in ad revenue last year. he said. How can an online media company compete with that?

Some suggestions were tossed around, including asking readers to pay for content. Sklar suggested that media companies should make it easy for readers to purchase access to information, replicating the “buy” button on Amazon.com or iTunes that is connected to saved credit card information. She also suggested charging for “freemium” or extra content, and said she wouldn’t mind paying a few dollars a month to use Twitter, Flickr or YouTube.

“I wouldn’t mind paying for Twitter because they I would own my Tweets if anything ever went wrong,” she said.

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Web Journalists To Debate Business Model At Upcoming Mediabistro Panel

keyboard.jpgNext week, mediabistro will be hosting a panel that will discuss how social media is changing the face of journalism, whether an online business model is on the horizon and what that business model may look like.

We suspect this panel, moderated by BusinessWeek media columnist Jon Fine, will be similar to last week’s Reuters <a href="panel or this week’s Gotham Media panel about the media in crisis. However, while Reuters and Gotham Media offered insight from “old media” editors like Lawrence Ingrassia from The New York Times, the Financial TimesChrystia Freeland and Andrew Edgecliff-Johnson and Air America‘s Bennett Zier, next week’s panel will have a distinctive point of view from panelists with vast online experience including NYU journalism professor and blogger Jay Rosen, Mediaite.com Editor at Large Rachel Sklar, blogger Maeghan Carberry and former Star-Ledger staffer Matt Romanoski, who helped found NewJerseyNewsroom.com.

In the hopes of learning a little bit more about what this panel will focus on, we picked moderator Fine’s brain for a bit. “There isn’t an answer,” Fine said of the ever elusive online business model question for media companies. “But if you can get people to pay for something you’re in good shape.”

Expect panelists to wrestle with this conundrum, offer suggestions and advice and describe their own experiences. It all goes down July 16.

(Photo via flickr)

Ex-Star-Ledger Employees Start Local News Site

starledger04.281.jpg

Webnewser has a story about former New Jersey Star-Ledger employees who launched NewJerseyNewsroom.com, the latest in a series of local news sites founded by refugees from print papers.

Roughly 40 of the 200 employees who took buyouts are assisting in the effort. They aren’t making any money — although they are receiving equity in the fledgling venture — but most are subsiding on the one-year salary they were given when they departed the S-L.

While Matt Romanoski, the former deputy sports editor who’s spearheading the effort, says he and his colleagues are searching for revenue streams, it remains to be seen if there’s any interested parties. With investments decreasing, we think these guys have a much better shot at securing funding.