Experiments to see if there is an audience for high-value content
Pundits have long said “Let a thousand flowers bloom.” Well, this is one of them.Â
A group of journalists down at the Folha de Sao Paolo (and excuse me for not putting in the various tildes & accent marks, but I’m trying to do this via the new and allegedly improved Scribefire, and special characters are giving it the vapors) are launching IndieJournalism.com in the hopes that breaking away from the behemoth media companies will give them the cred and agility to survive the next few years.Â
“… the group’s members shared their ultimate goal: to create a platform for both readers interested in long-form journalism and journalists interested in producing it. More than that, the site is betting on developing a new business model and a new kind of digital journalism product.
(snip)
“The crisis is knocking on our door, and we still haven’t seen the light at the end of the tunnel,†Netto says. “It’s up to us journalists to find our own way. I’m not saying newspapers are going to disappear — in fact, I think it’s not going to be that way. But the fact is that each media format has its strength, and it has become difficult for the large media outlets to invest in in-depth reporting because their structures were specifically designed to mainly deliver hard news.â€
The business model here seems to be selling stories one by one, the way that Atavist or Byliner do. I’m not sure that there’s enough of an audience base, particularly in Brazil, for this to be the main support for long-form journalism. Additionally, this front-loads the cost of doing a story.Â
That is, you have to be able to support yourself for as long as it takes for you to do the research and the writing, and then hope that somehow, your piece finds enough of an audience (and that a significant sub-percentage of that audience is motivated by your excerpt to click on that good ol’ PayPal button) to recoup your costs. Maybe they will be able to sell subscriptions, but even that is going to require a massive shift in consumer behavior.Â
I’d be more excited about this if they were working on a new ad model, or even a new means of supporting themselves via e-commerce. Maybe they’ll be able to take advantage of the appetite in the market for more engaging and fun tablet experiences – they do say that they want to do more “Snowfall” type immersive experiences.Â
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