Michele McLellan active 1 year, 7 months ago
Journalist, Knight Circuit Rider, founder of Block by Block: Community News Summit, KDMC @USC blogger, traveler, Cambodia lover
Areas of Expertise: Business, News/Publishing, Research on new media landscape (Block by Block), coaching news start ups (Knight Foundation), developing training programs (Knight Digital Media Center)
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I agree about Evan. And John’s connections have helped them raise some big donations. These are definitely part of the picture. Their entrepreneurial outlook is the biggest factor, I think.
Here’s a recent KF report that looks at the revenue and sustainability efforts of some of the larger, nonprofit news sites. http://www.knightfoundation.org/publications/getting-local-how-nonprofit-news-ventures-seek-sus
That’s a very long answer. One key factor is that Texas Tribune invested early and much in a) business development and b) tech and data, which account for huge amounts of its traffic. Both Texas Tribune and Bay Citizen started with much more money than the Chicago News Coop and the Coop will say it [...]
The New Jersey Spotlight raises about a third of its $600k annual revenues from events – or rather from corporate sponsorships of their events. This is impressive as NJ Spotlight is only two years old.
I did not see much evidence that they sought to engage beyond producing journalism. Props to the journalism. But they promised a lot more in terms of engagement on their site and never delivered. Chicago has a very busy online news ecosystem and the newspapers, while struggling, are not crashing. So people had other places [...]