News Byte

Paid Newspaper Aggregator Ongo Shuts Down

Ongo, a newspaper-backed startup that tried to sell digital subscriptions to a variety of publications, is shuttering after less than two years. The New York Times, the Washington Post and Gannett each put a reported $4 million into the company, but it never got traction with subscribers. Nieman Journalism Lab has a good exit interview with CEO Dan Haarmann, who blames Apple’s subscription policy, among other factors, for the company’s failure.

There’s No Tomorrow

The reason for the change is that articles are no longer written only for the newspaper. Breaking news is posted immediately on the Globe’s websites; stories are then fleshed out, posted again, then put into the process for the next day’s paper and the next day’s web entries. With all that traffic, a reliance on “yesterday,” “today,” and “tomorrow” is an invitation for error.

Charles Mansbach, Page 1 editor of the Boston Globe, on why the paper will no longer use the words in stories

News Byte

Warren Buffett Says He May Buy More Newspapers

Berkshire Hathaway’s Warren Buffett, who owns the Buffalo News, the Omaha World-Herald and a big chunk of the Washington Post, told shareholders today that he may buy more newspapers. “I think there is a future for newspapers that exist in an area where there is a sense of community,” he said. “I think the economics will be ok, but it will be nothing like the old days.”

Another Big Newspaper Says Digital Ads Shrank Last Quarter

Last month the New York Times said its digital sales shrank. Today: a 7 percent drop for the Washington Post.
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The Failures and Fallacies of Mike Daisey’s Apple Attack and the Media

Now we have to start the conversation about Apple and Foxconn and workers’ rights all over again, this time with real, verifiable facts at our command. Is that so much to ask?
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Voices

Papers Put Faith in Paywalls

As more newspapers close the door on free access to their websites, some publishers are still waiting for paying customers to pour in.

Voices

Why American Newspapers Gave Away the Future (Excerpt)

Maybe the extinction of newspapers was inevitable once digital publishing moved from proprietary services and the slow speeds of dial-up delivery to the open access of the worldwide Web.

News Byte

New York Times CEO Janet Robinson Steps Down; No Replacement Named

New York Times CEO Janet Robinson is stepping down after a seven-year run. The company says it will conduct a job search for her replacement and that, in the interim, publisher Arthur Sulzberger Jr. will handle her duties as well as his own. The Times will pay Robinson $4.5 million over the next year for “consulting services,” the company disclosed in an SEC filing.

NewsCred Raises $4 Million for Its Web-Based Newswire

Expensive content on the cheap: A start-up that licenses stuff from the likes of Reuters, Bloomberg and Forbes.
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WhaleShark Catches $150 Million Round to Invest in Couponing Craze

WhaleShark Media has raised $150 million in venture capital to continue buying up coupon-oriented sites around the globe.
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Viral Video: Gimme That Old-Timey Journalism

T-Mobile's $412 Million Media Hole