News Byte

Business Insider Pulls in a Fresh $7 Million

The newsgatherers at Business Insider are feeling flush today, closing a $7 million funding round led by Institutional Venture Partners and enjoying the continued support of RRE Ventures, Allen & Co., Marc Andreessen, Gordon Crovitz, Ken Lerer and other existing investors.

News Byte

Brill, Crovitz, Sell Newspaper Paywall Operator Journalism Online to RR Donnelley

Steve Brill and Gordon Crovitz have sold Journalism Online, the newspaper paywall company they founded in 2009, to Chicago-based printing company RR Donnelley. Terms haven’t been disclosed. Journalism Online is supposed to help print publishers operate online subscription services, and to date it has publicly launched with a handful of smaller publishers. News Corp., which also publishes this site, bought a stake in the company last year and is selling it to RR Donnelley as part of  the deal; News Corp. says its investment has appreciated “considerably”.

News Corp. Buys Hearst’s Skiff Platform, Leaves the Reader

In January, Hearst and Sprint showed off something called a Skiff e-reader, which was designed with newspapers and magazines in mind and was supposed to go on sale this year. Hope you weren’t planning on buying one.

How Much Will You Pay To Read Your News Online?

After years of training people to expect that whatever you can find on the Web will be free, media companies are trying — desperately — to reverse the trend, and figure out how to get people to pay up. Or at least some of the people, some of the time, for some stuff. This assumes that there’s unique stuff that people are willing to pay for, and I don’t know about that thesis. But if it does pan out, the guys behind Journalism Online want to handle the backend.
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"Like It or Not: You're in the Media Business" ATD Reader Discount

One of AllThingsD.com’s greatest friends–integral to its creation, in fact–has been Gordon Crovitz, former publisher of The Wall Street Journal and former president of the Dow Jones Consumer Media Group. Crovitz knows a thing or two about the transition mainstream media has been making to new media and, more importantly, was never scared of the [...]

The Crazy Cousins Thank Gordon Crovitz

One of the nice things about having a blog is that I can mouth off on just about anything I want and include whatever I want too (such as, for example, shamelessly making videos of my kids in a fruitless attempt to try to cajole Yahoo’s Jerry Yang into having lunch with me). Today, that [...]

Free to Be, Rupe and We

Should The Wall Street Journal’s paid site, WSJ.com, become free now that media mogul Rupert Murdoch has bought Dow Jones? That debate has been all over the Web since News Corp. won its battle to buy Dow Jones (owner of this site) last week, including posts by Jeff Jarvis and Fred Wilson in favor of [...]