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Stories on Business Models

“Wyoming is a microcosm of a lot of what is happening in America today. It represents a subset of American society that I think we’ve learned you can only ignore at your own risk.”
Consider this a roadside guide to accidents of history as evidenced by the collisions between newspapers and Google and Facebook.
“In the West, Cracked, BuzzFeed, and Mashable had really picked up steam. We couldn’t relate to the contents; we didn’t get the jokes. So we decided to create content for people like us.”
“We are working in a medium, along with all of the other digital folks, in which you can tell stories in four different ways: words, pictures, video, audio. All of those will continue to grow for the next several decades. It’s not either/or.”
Plus: Gimlet gets more transparent about diversity, IAB tweaks its podcast upfront, and SoundCloud shrinks.
Because it’s privately held, Hearst isn’t as big a part of industry conversations around the future of newspapers as its publicly traded peers. But it’s charting a path forward and ready to open its checkbook to expand.
What was once an imaginative mobile news app has become a big part of Sinclair’s national strategy — one that critics say pushes its conservative views on audiences.
“Looking ahead, we are at something of a pivot point. For our mission purpose of just informing voters, does it matter if CALmatters wrote a story that appears in the L.A. Daily News?” Christine Schmidt
“We’ve learned a lot over the last few years about how to construct a business model that allows a substantial but still relatively small news organization to thrive.”