Media management

Published on Nov 26, 2015

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PRESENTATION OUTLINE

Media management - Lecture 2

How do you make money?

break the myth:

Most of what we read isn't journalism
Photo by ajagendorf25

break the myth

Pure Journalism has been subsidized

Sponsored content won't mix with hard news

Direct

Premium content
Photo by dmgatlanta

Direct

Niche audience

direct

Top News Brand
Photo by micora

legacy advantages

  • Audience
  • Expertise in distribution
  • Institutional knowledge
  • Proprietary tools
Photo by m01229

Buzzfeed

Why it works
Photo by NYC Media Lab

Scale: listicles, easy to publish, analytics

Photo by glemak

BuzzFeed distinguishes journalism and content

Photo by glemak

buzzfeed:

Uses smart psychology
Photo by glemak

buzzfeed

What will be cool on the web
Photo by NYC Media Lab

buzzfeed

It knows what people will share
Photo by mathowie

Revenue

Advertising

cost per view

Photo by danichro

cost per action

Photo by photodpm

advertising network

subscription

membership

Photo by Official GDC

affiliate marketing

donations

Photo by rexhammock

selling services

Photo by hellocatfood

events

Photo by euthman

training

Photo by SpokaneFocus

merchandise

Photo by schoschie

freelance

micropayments

Photo by antanacoins

next:

Class Project, but first ....

assignments

  • Revenue - 5 points
  • Quiz (Lean Canvas)
  • Due: Febvruary 1