the news biz: past, present & future

11
The Past, Present and Future of the News Business

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A wannabe reporter reports on the biz of reporting

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Page 1: The news biz: past, present & future

The Past, Present and Future of the News Business

Page 2: The news biz: past, present & future

Ye Olde Newspaper Biz

$$$$$$$$$$$$$$$$

Page 3: The news biz: past, present & future

Ye Olde TV News Biz

$$$$$$$$$$$$$$$$

Page 4: The news biz: past, present & future

Ye Olde Internet News Biz

$$$

We don’t need any expensive editorial overhead

Page 5: The news biz: past, present & future

The Moguls Are Fine: Faces Change

But What Has Happened To Our

Fearless Reporters?

Page 6: The news biz: past, present & future

The First Sight Of Real Time News

Page 7: The news biz: past, present & future

What Is Happening Right NOW?

Tahir Square Japan

Benghazi SXSW

Near you now

Page 8: The news biz: past, present & future

Western Media no longer needs to send Reporters around the world; they are already there.Phew, ‘cos the budget just got axed

Page 9: The news biz: past, present & future

Not Just A Few Thousand Reporters

A Few BILLION…..

Page 10: The news biz: past, present & future

How Does This Guy Pull It All Together?

A B

Do You Prefer A or B?Hint: they are the same

Traditional Journalism • Collect & nurture sources• Verify & cross check• Create a narrative• Hope Ed likes it

Social Media Curation

• Twitter Lists• Skype a source & watch multiple Lists in Tweetdeck• Let timestamps create the narrative• Hit post & hope “somebody out there” likes it

Page 11: The news biz: past, present & future

The New News Filtering Stack

Mainstream Media aka “Final Mile Of Media”Hint: they ain’t going away

A Few Billion People With Mobile PhonesAt least one will be where the action is

Filtering toolsLots of innovation in this layer