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Evolving new-media business models
By Steve Outing on Mar 13, 2006 in Citizen media, Media
The NY Times has a couple of important media stories today (both especially relevant to me, as co-founder of a new citizen-media-based Internet start-up):
Hungry Media Companies Find a Meager Menu of Web Sites to Buy
Online Auteurs Hardly Need to Be Famous
(That second headline is a bit obscure. The story is about the growing trend of paying for user content — something that’s built into our business plan at the Enthusiast Group.)
On Mar 14, 2006, Neil Dodds
said:
Maybe it’s just me, but I think there’s something curiously feudal about a system that expects content generators to toil for free – even if it is fun – while site owners and tech enablers rake in advertising funds and acquisition loot.