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by marcus_holmes 1987 days ago
That's interesting. I used to run a newspaper a couple of years ago and have spent a lot of time thinking about business models for it since.

The main problem with advertising is it monetises engagement, which means that it massively favours controversial or emotional content. How are you going to avoid this? If you have a good journalist writing great journalism, and a hack writing clickbait, how are you going to avoid the hack getting more ad revenue?

1 comments

Because we aren't monetizing the views, per se.

Since we're posting _updates_ rather than full articles, it's more like Twitter. We can display ads in between the updates -- something print newspapers used to (and still) do all the time. Then we just take the revenue share from any specific market, divide it up by the number of updates contributed, and go from there. It's not perfect, and we may still want to tweak, but the hope is that we can then incentivize lots of hard news reporting, and not "5 celebrities without makeup."

OK, yeah I get it. That's interesting, I look forward to seeing how it pans out :) good luck with it :)