Nieman Foundation at Harvard
Here’s Chalkbeat’s vision for local education news by 2025
ABOUT                    SUBSCRIBE
Jan. 18, 2017, 11:02 a.m.
Business Models

Axios goes live, with a Trump interview (in 19 bullet points and a bunch of little posts)

Who needs a ton of words?

Jim VandeHei’s Axios officially launched Wednesday (with a team of 47 and another 16 open positions listed) and its first feature is a splashy one: An interview with President-elect Donald Trump.

But the interview isn’t presented as an hour-long video, or a 3,000-word transcript. Instead, there are multiple posts about it, the longest of which is 643 words. Another piece from the interview, about healthcare, consists mainly of one big quote. A third post, “The toplines from Trump’s Axios interview,” is 431 words and consists of three “big picture” bullet points followed by a list of 16 brief items. There’s even a post on “What Trump didn’t say.”

Start as you mean to continue, right? The way that the Trump interview is presented demonstrates more broadly VandeHei’s vision of in-depth news that can still be “summarized in a screen.” The $10,000 subscriptions that VandeHei has said will ultimately be a part of Axios’s business model are still a ways away; for now, the site notes “launch partners” including Bank of America, BP, and Walmart.

Axios doesn’t exactly have a homepage, but the page you reach when you visit is a Quartz-like infinite scroll. For each article, you get a card with a “main” word count and an option to expand it. (Poynter has a good look at how Axios designed its site.) The site has sections for technology, politics, business, and health care. A “Trending” section on the left-hand column of each page, and the order in which stories are presented in the infinite scroll, provide a bit of insight into which stories are the “biggest” or “most important.” Beyond that, you just keep scrolling. From Axios’s about page:

Make reading, watching and listening as clean and reader-friendly as possible. This means killing everything from banner ads and pop-ups to topic pages and other web features designed for clicks, not usability. Our site eliminates traditional click-based pages AND allows you to view our content without leaving your stream of news. Our design guru, Alexis Lloyd, coined the term “elegant efficiency” to guide our every iteration.

Social is a huge part of Axios’s strategy, and the company appears to be planning to use the new Snapchat-like Instant Articles feature that Facebook is making available to just a few publishers for now — though it wasn’t working for me Wednesday. VandeHei told my colleague Shan Wang recently:

On Facebook we’ll be trying to lock down the enormous number of people on Facebook who are serious news consumers who might not necessarily be subscribing to the newsletter but should be reading Axios. Basically, there’s a way to use Facebook Instant Articles to create a dynamic slide-and-glide way of consuming news that’s a lot more like Snapchat Discover than it would look like We think that would resonate with the Facebook demographic of news consumers. It’s a new experience for them and it’s a new opportunity for advertisers to reach Facebook audiences with native advertising.

Collage of (some of) Axios’ staff from the site’s about page.

POSTED     Jan. 18, 2017, 11:02 a.m.
SEE MORE ON Business Models
Show comments  
Show tags
Join the 50,000 who get the freshest future-of-journalism news in our daily email.
Here’s Chalkbeat’s vision for local education news by 2025
The network’s pitch to local funders: “By the time the school reforms reached their zenith, there was not a single local education reporter dedicated to covering them.”
The New York Times shutters NYT en Español after three years: “It did not prove financially successful”
NYT en Español’s founding editorial director called the decision “extremely short-sighted,” and many others who’d worked on the product or read and followed it expressed their disappointment.
Nonprofit news outlets aren’t relying as heavily on foundations — but journalism philanthropy continues to grow
“Nonprofit news organizations have much in common even if their scope or mission differs. Their journalistic missions are shaped largely by the gaps they are trying to fill — investigative at the state, national and global level; more general news at the local level.”