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On the shifting media model

Mike Masnick of TechDirt put together a great post on the shifting media landscape and the new models emerging to compensate content creators (journalists). This is a great read. Toward the end he calls out two FM programs with Dell and AmEx as successful models for new media. Agreed, Mike, there are "tremendous new opportunities opening themselves up" indeed!

...in fact, this is part of what we believe we're able to do here at Floor64 with our Insight Community offering. Companies have been tapping into the Insight Community to generate interesting and relevant content, while ceding all editorial control to us. For example, American Express has been using Insight Community content on its own award-winning Open Forum blog discussing trends and issues related to small businesses. American Express does not have editorial control over most of the content, and the content is pretty clearly not specific to or slanted by American Express's sponsorship of the endeavor. And, as some people are noting, that blog is full of such wonderful content, that plenty of other mainstream publications, including the NY Times and the Financial Times, are noticing that such a publication really is no different than a small business trade publication now.

Except, rather than American Express having to buy ads in random small business trade publications, it gets to sponsor the whole thing -- while ceding much of the editorial control to others. Obviously, we're a bit biased here, because we believe this is a tremendously viable model, but if you read the content on that site -- or, say, the content on the Digital Nomads site, sponsored by Dell, that runs under a similar model, you can judge the quality of the content yourself -- and recognize that for all the whining and complaining about the old models going away, there are tremendous new opportunities opening themselves up, as well.

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