Like it or not, it’s business time

There has been a lot of debate in journalistic circles of late about the state of denial most journalists and media academics are in regarding new media.

A recent blog on Poynter.org recounted an exchange between digital media entrepreneur Elizabeth Overholser and journalism students at the University of Southern California’s Annenberg School of Journalism. Osder refuted one student’s lament that online news business models aren’t working. Then she advised the students that to figure out which online business models can work, ”Start with the impact you want to have. Figure out what audience you need to assemble to have that impact. And what kind of content is needed to do that. Then price it out: How much money do you need to do it?”

According to Overholser, a J-student groaned in reply, “If I wanted to do that, I’d have gone to Marshall (USC’s business school).”

Osder countered that while that response was understandable, thinking through the business side of journalism “forces you to be relevant and useful versus arrogant and entitled.”

I say: hear, hear! Journalists need to get their head out of the sand and embrace the Internet, because, like it or not, it is changing the face of journalism. Being a good writer isn’t enough in the 21st century; you need to be able to write web copy, operate a blog, do your research and link out to your sources, even use a video camera.

Like others who have been writing on this topic, I blame the university programs, who are still churning out journalists who are too “good” to do anything other than report and write.

Much as it pains me to say this, as someone who grew up and started their career believing in the purity and hyperspecialisation of journalism, the Internet, new ways of communicating stories, and citizen journalism are all a fact of life today, and journalists who won’t admit this and who won’t widen their perspective and their activities will end up bitter and unemployed.

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Posted on Monday, October 20th, 2008 at 3:50 pm under Australia, Journalism, Media companies, Technology, Video, Writing.

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One Response to “Like it or not, it’s business time”

  1. Business time for content providers « Says:

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