Media 3.0: The news creator economy arrives

“This shift will untether journalists and their audiences from the rigid 20th-century paper-digm we live in today.”

The audiences of individual journalists represent one of the biggest chunks of unrealized value on the internet…and that’s about to change.

Heading into 2022, journalists now have a whole host of new tools from companies like Twitter, Substack, and Brave that allow for independent monetization of owned audiences and original content.

The decision to take advantage of these tools will be easy for many. Journalists will no longer be forced to perform the restrictive exercise of converting all thoughts and ideas into long-form linear narratives, as if they’re still creating content for the printing press or evening news broadcast. Instead, they’ll be able to report the news through more interactive spaces like tweets, live audio rooms, personalized newsletters, communities, and other mechanisms that take full advantage of code and connectivity. This shift will untether journalists and their audiences from the rigid 20th-century paper-digm we live in today.

If this new future is secured, individual news creators could collaborate in ways not previously viable. A Media 3.0 company or collaborative could be created instantly using something as simple as a hashtag. Some collaborations would be ephemeral and tied to a specific news event, while others could endure and mimic sections of a newspaper. Revenue could be shared equitably amongst participants.

This shift won’t all happen at once. And while it’s unlikely to unseat legacy media companies, it could create a distinct set of new opportunities, fueling a more vibrant news ecosystem.

Matt Karolian is general manager of Boston.com and platform partnerships at Boston Globe Media.

The audiences of individual journalists represent one of the biggest chunks of unrealized value on the internet…and that’s about to change.

Heading into 2022, journalists now have a whole host of new tools from companies like Twitter, Substack, and Brave that allow for independent monetization of owned audiences and original content.

The decision to take advantage of these tools will be easy for many. Journalists will no longer be forced to perform the restrictive exercise of converting all thoughts and ideas into long-form linear narratives, as if they’re still creating content for the printing press or evening news broadcast. Instead, they’ll be able to report the news through more interactive spaces like tweets, live audio rooms, personalized newsletters, communities, and other mechanisms that take full advantage of code and connectivity. This shift will untether journalists and their audiences from the rigid 20th-century paper-digm we live in today.

If this new future is secured, individual news creators could collaborate in ways not previously viable. A Media 3.0 company or collaborative could be created instantly using something as simple as a hashtag. Some collaborations would be ephemeral and tied to a specific news event, while others could endure and mimic sections of a newspaper. Revenue could be shared equitably amongst participants.

This shift won’t all happen at once. And while it’s unlikely to unseat legacy media companies, it could create a distinct set of new opportunities, fueling a more vibrant news ecosystem.

Matt Karolian is general manager of Boston.com and platform partnerships at Boston Globe Media.

Jennifer Brandel

Melody Kramer

Sam Guzik

Julia Munslow

Natalia Viana

Victor Pickard

Kristen Jeffers

Stefanie Murray

Moreno Cruz Osório

Candace Amos

Mike Rispoli

Wilson Liévano

Kendra Pierre-Louis

Chicas Poderosas

Jesse Holcomb

Christoph Mergerson

Larry Ryckman

Chase Davis

Doris Truong

Simon Galperin

j. Siguru Wahutu

Raney Aronson-Rath

Mandy Jenkins

Kathleen Searles & Rebekah Trumble

Christina Shih

Catalina Albeanu

Mary Walter-Brown

Nikki Usher

Meena Thiruvengadam

Jessica Clark

Whitney Phillips

Burt Herman

Joe Amditis

Tony Baranowski

Richard Tofel

Gordon Crovitz

Millie Tran

David Skok

Joni Deutsch

Francesco Zaffarano

Anika Anand

Cristina Tardáguila

Amara Aguilar

Matt Karolian

Tamar Charney

Alice Antheaume

Megan McCarthy

Matthew Pressman

Anthony Nadler

Matt DeRienzo

Shalabh Upadhyay

Joanne McNeil

Jesenia De Moya Correa

Shannon McGregor & Carolyn Schmitt

Andrew Freedman

James Green

Sarah Stonbely

Don Day

Simon Allison

Anita Varma

Jim Friedlich

AX Mina

Cherian George

Rasmus Kleis Nielsen

S. Mitra Kalita

Parker Molloy

Juleyka Lantigua

Kristen Muller

Ariel Zirulnick

Errin Haines

Julia Angwin

Gabe Schneider

James Salanga

Tom Trewinnard

Ståle Grut

Amy Schmitz Weiss

Sarah Marshall

Gonzalo del Peon

Jody Brannon

Stephen Fowler

Zizi Papacharissi

Eric Nuzum

Cindy Royal

Izabella Kaminska

Joy Mayer

A.J. Bauer

John Davidow

Laxmi Parthasarathy

Mario García

Rachel Glickhouse

Kerri Hoffman

David Cohn

Jennifer Coogan

Joshua P. Darr

Daniel Eilemberg

Paul Cheung

Robert Hernandez

Brian Moritz

Jonas Kaiser

Michael W. Wagner