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Marc Andreessen is still an optimist about the future of news, three years post-tweetstorm
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“I think I am more convinced that consolidation needs to happen (across broadcast TV, cable TV, newspaper, magazine, radio, wire service, Internet).”
“Wired is doing well, but this industry changes so fast that you have to be on top of all these opportunities and you have to look at ways you can evolve while staying core to what you really believe.”
A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits.
“If I were a U.S. journalist, I would be looking to launch The Trump Watch.”
Lucie’s List has 360,000 subscribers and pulls in enough revenue to support a family and a staff in San Francisco.
Meanwhile, efforts continue in New Jersey to get stations to commit their earnings from the auction to local news initiatives.
Spurned by a network that wanted to own its own station in the market, WHDH has responded by offering 87 hours of local news a week. (Plus “Family Feud.”)
The news site has an unusual policy on crime reporting: No names or mugshots of those arrested unless they’re public figures, the arrest is judged to be a public emergency, or its reporters are able to interview the accused directly.
“We’re beginning to focus much more seriously on how many young people we have engaging with us and how we deepen those relationships.”