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Posts Tagged ‘funding’

Haters Will Hate: Why Shouldn’t Ezra Klein Start His Own Media Company?

ezraklein1If I were friends with Ezra Klein, I would tell him to keep his chin up this week. As you might have read, he’s leaving the Post and Wonkblog, effective immediately, to start his own media venture, after the Post decided they wouldn’t be interested in investing a reported $10 million and hiring three dozen people to help him do it.

The general consensus is that Klein is going to need more luck than funding to make this work.

 

It’s not going to be easy — as many have pointed out — relying on advertising and his brand won’t be enough. John McDermott over at Digiday points out that Re/Code’s Kara Swisher and Walt Mossberg need to charge thousands of dollars for conference tickets to make it work, Grantland has ESPN’s big name to draw national brands, Glenn Greenwald has a billionaire backer and Andrew Sullivan is, well, Andrew Sullivan. Read more

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New Report Indicates Growth Of Philanthropy In The Media

knightfdnAccording to a new report out of the Knight Foundation, media-related grantmaking grew at almost four times the rate of domestic giving between 2009 and 2011, with 1.86 billion being awarded. The report, Growth in Foundation Support for Media in the United States, is a collaboration between the Foundation Center, Media Impact Funders and the John S. and James L. Knight Foundation. It is the most comprehensive view of philanthropy’s role in the media funding landscape in years.

The numbers are surprising at times. Read more

Knight News Challenge On Mobile Now Accepting Apps

Last week, we discussed 5 statistics that make mobile platforms worth paying attention to for journalists.

Now, the application process is finally open for the third and final round of the Knight News Challenge, this time focused on mobile. That makes it time to put your talent where the future is, or at least put yourself and your mobile idea out there for a share of the $5 million prize money. That’s free money to make your idea happen.

Remember, the purpose of these challenges — previously this year they focused around the themes of Data and Networks — is to encourage innovation in the news gathering and reporting business. How could your phone or tablet make that happen? How would you make the revenue part of that awesome idea work? Those are a few of the questions to address in the application. But really, the application is easy — just like the best mobile apps should be — and consists of just eight questions about your idea, how much it would cost, what’s already done and who you are/who you know who’ll help you succeed.

The application process opened today, Aug. 29, and runs through Sept. 10. Sounds like a good use of the Labor Day weekend (in the U.S. at least this is a holiday, but the News Challenge is open to anyone, anywhere). For more background, read the FAQ.

You can follow along on the ideas submitted so far on the News Challenge Tumblr. That’s also where the application form is. For more background, read about this challenge here.

Winners will be announced in early 2013. The winners from the second round, on Data, are expected to be named in mid-September.

Good luck!

5 Mobile Stats Worth Mentioning to Journalists

 

Shortly after recently announcing the theme of  this year’s third News Challenge installment  – “mobile” — the Knight Foundation tweeted an impressive stat backing up reasoning for its choice: there are 6 billion mobile devices worldwide.

Billion. With a “B.”

Read more

Online Subscription Solution Raises $1.75M

MediaPass, a subscription manager for websites, announced that it has raised $1.75 million in series B funding. Established to offer monetization solutions for online content, MediaPass offers web publishers, big or small, a simple way to implement paid content models. While developing and applying a paywall can be complicated and time consuming, users of MediaPass simply need to copy and paste a few lines of code. The service is highly customizable, and allows users the options of metered paywalls and choosing specific content that requires subscriptions. Read more