Blogging superstar Andrew Sullivan dropped a bombshell on Wednesday by saying he is leaving The Daily Beast and setting up his own subscription-based website. Can he become the first prominent success story in what some have called the move towards “post-industrial” journalism? Read more at GigaOM »
The Washington Post’s new editor, former Boston Globe editor Marty Baron, faces a mountain of problems at the newspaper, which has seen circulation and revenues fall dramatically. Here are some areas he needs to focus on in order to turn the sinking ship around. Read more at GigaOM »
As costs continue to rise along with pageviews, Reddit is looking to its community of users for help by promoting a membership model called Reddit Gold — an approach that other media entities might want to consider instead of just putting up a paywall. Read more at GigaOM »
Although the ad-driven business model behind Facebook looks similar to that of a newspaper, the crucial difference is that the social network knows a lot more about its users. The more focus that newspapers put on doing the same, the better off they will be. Read more at GigaOM »
Longform journalism site Longreads is giving paying members exclusive access to long-form content that is not available elsewhere on the web. The first selection is a chapter from Charles Duhigg’s bestselling book “The Power of Habit.” Read more »
Is offering your readers membership benefits a better approach to revenue generation than putting up a hard paywall? The tech commentary site Techdirt thinks so, and has launched some interesting new features that other traditional media companies might want to pay attention to. Read more at GigaOM »
Some traditional media entities seem to be hoping for a single magic bullet that will cure their revenue problems, but it is more likely success will come from making a number of smaller bets. Unfortunately, large media players don’t tend to be good at that. Read more at GigaOM »
