Chasing Sustainability on the Net : International research on 69 journalistic pure players and their business models

This report outlines how online-based journalistic startups have created their economical locker in the evolving media ecology. The research introduces the ways that startups have found sustainability in the markets of ten countries. The work is based on 69 case studies from Europe, USA and Japan. The case analysis shows that business models can be divided into two groups. The storytelling-oriented business models are still prevalent in our findings. These are the online journalistic outlets that produce original content – news and stories for audiences. But the other group, service-oriented business models, seems to be growing. This group consists of sites that don’t try to monetize the journalistic content as such but rather focus on carving out new functionality. The project was able to identify several revenue sources: advertising, paying for content, affiliate marketing, donations, selling data or services, organizing events, freelancing and training or selling merchandise. Where it was hard to evidence entirely new revenue sources, it was however possible to find new ways in which revenue sources have been combined or reconfigured. The report also offers practical advice for those who are planning to start their own journalistic site

Dynamic cities and creative clusters

The author focuses on how urban policies and the clustering of creative industries has influenced urban outcomes. The set of creative industries include those with output protectable under some form of intellectual property law. More specifically, this sub-sector encompasses software, multimedia, video games, industrial design, fashion, publishing, and research and development. The cities that form the basis for the empirical investigations are those where policy-induced transitions have been most evident, including Boston; San Francisco; San Diego; Seattle; Austin; Washington, D.C.; Dublin (Ireland); Hong Kong (China); and Bangalore (India). The key research questions are: 1) What types of cities are creative? 2) What locational factors are essential? 3) What are the common urban policy initiatives used by creative cities? The author explores the importance of the external environment for innovation and places it in the larger context of national innovation systems. Based on a study of development in Boston and San Diego, he isolates the factors and policies that have contributed to the local clustering of particular creative industries. In both cities, universities have played a major role in catalyzing the local economy by generating cutting-edge research findings, proactively collaborating with industries, and supplying the needed human capital. In addition, these two cities benefited from the existence of anchor firms and active industry associations that promoted fruitful university-industry links. Many cities in East Asia are aspiring to become the creative hubs of the region. But their investments tend to be heavily biased toward infrastructure provision. Although this is necessary, the heavy emphasis on hardware can lead to underinvestment in developing the talents and skills needed for the emergence of creative industries in these cities.Public Health Promotion,ICT Policy and Strategies,Health Monitoring&Evaluation,Decentralization,Agricultural Knowledge&Information Systems,ICT Policy and Strategies,Health Monitoring&Evaluation,Agricultural Knowledge&Information Systems,Educational Technology and Distance Education,Agricultural Research

Blockchain-Enabled Platforms: Challenges and Recommendations

Not even a tenth of blockchain-enabled platforms survive their first anniversary. The volatility of cryptomarkets has brought negative attention and led some to question the applicability of blockchain technology. This paper argues that the challenges for startups and incumbents behind these platforms are numerous, and that the speculative bubble around cryptocurrencies is only one of them. Blockchain still needs to demonstrate fully its disruptive potential and so far, entrepreneurs have not managed to significantly impact incumbents’ market shares. This transitory period requires incumbents to let go of traditional control mechanisms, and startups to scale down their global decentralised hopes. Indeed, whilst the technology can indeed scale fast, starting in a controlled market and managing growth is a counterintuitive but essential strategy for blockchain-enabled platforms to implement. Given the diverging nature of the technology, at present at least, the combined shortage of skills in blockchain and security, and the trust blockchain is built on, rushing to the global market is high risk. Nonetheless, given the potential returns, the risk appetite is high and both entrepreneurs and corporate executives share unrealistic expectations about a technology they cannot fully understand since it has not yet converged. In light of the above, this article identifies the main challenges faced when building blockchainenabled platforms and provides recommendations for startups and incumbents to overcome these. In order to reach these conclusions, the information obtained from twenty semi-structured interviews with leading actors in the field has been fundamental

The impact of Digital Platforms on Business Models: an empirical investigation on innovative start-ups

Digital platforms have the ability to connect people, organizations and resources with the aim of facilitating the core interactions between businesses and consumers as well as assuring a greater efficiency for the business management. New business concepts, such as innovative start-ups, are therefore created based on innovation, scalability and the relationships within the community around them. The purpose of this work is to deeply understand the evolution of business models brought by innovative and dynamic companies operating through online platforms. In order to achieve the objectives set, an exploratory multiple-case study was designed based on in-depth structured interviews. The aim was to conduct a mixed analysis, in order to rely both on qualitative and quantitative data. The structured interview protocol was therefore designed to collect and then analyse data concerning the company profile and managers’ perspectives on the phenomenon of interest. The interview protocol was submitted in advance and then face-to-face interviews were carried out with the following professional figures: Chief Executive Officer (CEO), General Manager, Chief Technology Officer (CTO), Marketing Manager and Developers. Collected data were analysed and processed through the Canvas Business Model in order to clearly outline similarities and differences among the sample. Results can be considered under two viewpoints. On the one hand, this work provides a detailed overview of the companies interviewed, according to the dimensions of: reference market dynamics, type and number of customers, scalability. On the other one, they allow to identify some success patterns regarding key activities, key resources, channel mix strategy, costs management, value proposition, customer segmentation, key partners and the way to obtain revenues. Results from the multiple-case study with 15 Italian start-ups provide interesting insights by comparing the innovative business models developed and highlighting key differences and similarities. verall, the start-ups analyzed, operating in several sectors, showed great growth prospects and the possibility to create value for their customers through innovative products and services offered through digital platforms

Business Models of Journalistic Startups in Portugal: an Analysis of Product Innovation, Dissemination and Monetization in Media Enterprises

Purpose: Journalistic startups are thriving around the world, bringing new approaches to the news media environment in terms of concepts, contents, dissemination, internal organization, and business models. This research is relevant to create a prospective view on the evolution of the news media business in the next years, also allowing us to identify some trends and experiences which can be useful to future researchers work, and for professionals of news media companies, startups or not, to get some insights that might help to develop (or even save) their own businesses. Methodology: Through semi-structured interviews with the editorial managers of each of the research subjects, we tried to understand the genesis, concepts, processes, and goals of these startups. We made a thematic analysis of the content, using an adapted version of the IPTC NewsCodes, to understand the editorial approach in terms of Genre, Subject, Media Topic, Media, and Priority in each of the startup’s publication platform. To better understand the business, we did a business model mapping, using the Business Model Canvas conceptual tool, for all the subjects. Findings/Contribution: The main findings indicate that all the startups in this research started through the identification of a problem or a need, within a small group of friends or colleagues. They all try to fit into a niche and not compete with legacy media, and search for alternative financing sources. All the teams are small, produce mainly long form reporting and interviews, and use mostly written text - but video tends to grow in volume. All the subjects work for niche audiences, by location or interests. These results contribute to create a structured and broader view of the journalistic startups scene in Portugal, but can also help other researchers to apply similar methods to map different realities, in geographical or thematical terms. This research can also contribute to better understanding the challenges that digital news media face in this networked society we live in

Sustaining Journalistic Entrepreneurship

Structural change in the media ecology has opened up a range of opportunities for startups, as this report has detailed. Media entrepreneurs have flexed their muscles creating all manner of new sites, products and services in the journalism ecology. Many have launched blogs or niche interest sites, forums or digital communities; others trade on civic, investigative or citizen journalism; others on technology and production. This chapter recognizes the valid addition of these sites to the potential career path of a journalist and the increasing likelihood for journalists to work within, create or alongside such journalistic entities. Where once innovation and change happened slowly, current media technologies are developing continually and the rate of product development has increased exponentially. As part of the interview process to create the SuBMoJour database, researchers had the opportunity to discuss with media managers about the range of skills required to sustain journalistic entrepreneurship. Not all interviewees participated in these discussions. However, the interviews were free enough to allow for subjective information to be solicited where possible as to the journey experienced towards sustainability. Of the responses collated, there were several points of advice from journalism entrepreneurs worthy of note. These are detailed below in the intention of helping those planning their own startup by giving some lived experience of more established entrepreneurs. These are not intended as a definitive list but go some way to identify the scope and reach of possible skills development and research in the future

New Voices: What Works

Reviews grantees' accomplishments in building community news sites, keys to sustainability, and lessons learned about engagement, staffing, business models, social media, technology, partnerships, and limitations of university, youth, and radio projects

Smart radio and audio apps: the politics and paradoxes of listening to (anti-) social media

The recent crop of vocal social media applications tends to appeal to users in terms of getting their voices heard loud and clear. Indeed, it is striking how often verbs like ‘shout’ and ‘boast’ and ‘brag’ are associated with microcasting platforms with such noisy names as Shoutcast, Audioboom, Hubbub, Yappie, Boast and ShoutOmatic. In other words, these audio social media are often promoted in rather unsociable terms, appealing less to the promise of a new communicative exchange than to the fantasy that we will each can be at the centre of attention of an infinite audience. Meanwhile, many of the new forms of online radio sell their services to listeners as offering ‘bespoke’ or ‘responsive’ programming (or ‘audiofeeds’), building up a personal listening experience that meets their individual needs and predilictions. The role of listening in this new media ecology is characterised, then, by similarly contradictory trends. Listening is increasingly personalised, privatised, masterable and measurable, but also newly shareable, networked and, potentially, public. The promotional framing of these new media suggests a key contradiction at play in these new forms of radio and audio, speaking to a neo-liberal desire for a decentralization of broadcasting to the point where every individual has a voice, but where the idea of the audience is invoked as a mass network of anonymous and yet thoroughly privatised listeners. Focusing on the promotion and affordances of these various new radio- and radio-like applications for sharing speech online, this article seeks to interrogate what is at stake in these contradictions in terms of the ongoing politics, experience and ethics of listening in a mediated world