Insider Chatter by Donna Bogatin

August 30, 2007

News Videos Fuel NowPublic Citizen Journalism

Citizen journalism hits the big screen, and small.

NowPublic made a “crowd powered news” splash last month when it snagged $10.6 million venture capital infusion to “enable NowPublic to further its goal of being the largest news network in the world with more people on the ground in the right places and at the right times to report the news.”

According to NowPublic, “News is new information on current events.” Sounds straight forward. But, in analyzing NowPublic’s “FrontPage”  at the time of its funding announcement and during Storm Erin last week, I found that NowPublic “contributors” were not generally posting original, primary-sourced “news.” Rather, NowPublic “news” stories appeared to be predominately of the derivative blogging style ilk, “borrowed” cut and pastes of ”news” stories originally reported by paid, professional news reporting organizations and/or other blogs.

NowPublic advises prospective contributors:

The news you post should be “news in this commonly accepted sense. It will be one of three types:”

1) Original, relevant information about a current event that you have actually witnessesed, documented or reserached.
2) New information yo have collected, aranged and contextualized about a current event.
3) Commentary, advice or analysis directly related to a current event.

As NowPublic often presents news commentary, rather than actual eye witness accounts, I asked Michael Tippett (”the guy who started up this crazy thing in his garage”) to explain his claim that NowPublic mobilizes “an army of reporters to cover the events that define our world.”

Our exchage is below.

DB: You assert NowPublic is a platform for citizen journalism. Nevertheless, on August 23, NowPublic’s lead homepage “Front Page story concerning Storm Erin, a breaking weather event that ought to be tailor made for the “crowd powered media” formula Nowpublic espouses, was not a citizen eye-witness account, it was a “cut and paste” redireect to an “original story” produced by Associated Press reporting and published by the U.K.’s Guardian Unlimited.

The number two Nowpublic “best crowd powered news” story featured on the Front Page, “59 year old makes college football team,” was also a “cut and paste” from an original AP report published at a Canadian sports news Website.

Why does Nowpublic claim to mobilize an “army of reporters to cover the events that define our world” when the NowPublic Front Page “news” often presents as a Digg-like aggregation of links to original reporting done by third party organizations and published elsewhere?

TIPPETT: Our view of crowd powering the news is very broad.

With thousands of reports coming in weekly it is simply not possible to manage the inflow and determine what is good, bad or otherwise using traditional, centrally controlled strategies. The alternative to this route is to crowd source the editorial (digglike, if you will). As a result the stories on the homepage are chosen largely based on the interests of our members. These choices and areas of focus wil often coorespond to decisions made within traditional news organizations. It is no surprise that people are interested in a category 5 hurricane or a bridge collapse.

But that is only one piece of the puzzle. The story abut Storm Erin uses a highlighted item from The Guardian. Our highlight tool lets people cite other websites as the source of news material and provides links back to the source document. in this regard we are no different than other news services (a search on the NYTime’s website for “reuters” for example produces 47 thousand results). We are not purists in this regard and we have never claimed to never cite 3rd party sources as the basis for anything.Quite the contrary, we think that 3rd party sources are often a very good starting point for discussion or additonal reporting.

Where we do feature original content in the Storm Erin example is in the commentary provided in the comments section and in the footage supplied by members. Material that has come in: http://www.nowpublic.com/node/615322/footage/list

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The story has material from two eye witnesses so far. These are real people, on the ground, providing original reporting. I would expect the amount of material to grow over time. I’m not suggesting that all members provide Pullitzer worthy material but they do provide a citizen perspective of the news. They are living within the news cycle and it is their story thta NowPublic strives to tell.

THANKS MICHAEL.

ALSO: GOOGLE MEDIA: One-Stop News Empire for Stories, Videos AND Letters to the Google Editor

CONTACT DONNA BOGATIN

Filed under: General, Media, NowPublic, Citizen Journalism
Written by: Donna Bogatin @ 5:51 pm

 

August 2, 2007

Ning, NowPublic: Web 2.0 Bubble or Bad VC Bets?

Bubble 2.0 IS coming soon, John Dvorak declares, dissing the Web 2.0 tech blogosphere tools of the trade: Social networking, video mania, user-generated content…While talk about a “crash” and the “next collapse” comes cheap, there is no mention of a single financial yardstick to back up his claims: M & A valuations? Revenue projections? Stock prices?

NO, NO, NO. What does a Web 2.0 bubble make then?

This morning I asked former Time Inc. chief Norman Pearlstine, during his keynote at the American Society of Business Publication Editors conference in New York City. Pearlstine now deals in private equity for the Carlyle Group’s telecommunications and media group.

I asked Pearlstine what he believes the financial justifications are behind multi-billion dollar valuations of UGC Web properties that have no meaningful revenues or defensible business models such as MySpace, YouTube, Facebook…

There are none, is the short answer, according to Pearlstine. For News Corp, CEO Rupert Murdoch’s $580 million bet on Myspace is but strategic pocket change! Ditto for Google’s $1.65 billion in stock YouTube diversification play.

Pearlstine undrescored, however, the big ticket strategic investment gambles of new media players are not the stuff private equity deals are made of.

Pearlstine takeaway: Smart private equity money puts its money in established companies with real cash flows.

Web 2.0 venture capital funding decisions often appear as not so smart money though; Recent VC deals Ning and NowPublic, for example.

Marc Andreessen just celebrated a $44 million Series C funding round led by Legg Mason for his Ning create your own Social Network in less than a minute tool. Valuation translation? SEE Ning: $2 billion Google AdSense Business Model

NowPublic’s $10.6 million VC infusion this week was widely heralded as “big” validation of citizen media. Nevertheless, I underscored: FLASH! NowPublic Digg Clone Preps Global ‘News’ Domination and If ‘We the Media’ Poaches Content, Who Pays for News Production?

While both Ning and NowPublic tout the latest in Web 2.0 goodness–social networking, citizen journalism–neither has a proprietary, defensible way to make big money AND, despite benefitting from enormous Web 2.0 goodwill, neither initiative has achieved particulalry noteworthy user traction.

Web 2.0 tech blogosphere sensation Twitter also picked up some VC funding last week, although of a much more modest nature. Rationale? Who needs a business model was the conventional Union Square Ventures Web 2.0 wisdom.

WHO INDEED! Hey Twitter: Long Live the Business Model! Eight Reasons Why

ALSO: Blog Burn Out, So Soon? Marc Andreessen Goes Link Blogging

PLUS: Norman Pearlstine ‘Excited’ by a Rupert Murdoch Led Dow Jones

CONTACT DONNA BOGATIN

 

July 30, 2007

If ‘We the Media’ Poaches Content, Who Pays for News Production?

Why did Rho Ventures lead a $10.6 million funding round on behalf of NowPublic? To “change the media landscape,” is the PR explanation.

The reality of NowPublic though is that it is exploiting the existing media landscape to its own advantage.

In touting the deal today, NowPublic founder and CEO Leonard Brody went out of his way to assert that not only is he not a proponent of “citizen journalism,” NowPublic itself is no citizen journalism effort.

REALLY? Then why does Brody extol the citizen journalism he says is taking place at NowPublic in his own press release!:

Brody: On a daily basis, NowPublic’s model of citizen journalism is increasingly being embraced by major media.

Not only does Brody contradict himself in spinning the NowPublic VC investment, NowPublic’s publicy stated ”news values” are not being upheld, as I analyzed earlier this morning in FLASH! NowPublic Digg Clone Preps Global ‘News’ Domination.

NowPublic’s interpretaion of “crowd powered media” is strikingly similar to Digg’s “user powered content” philosophy. NowPublic is actually functioning as a Digg like site, aggregating crowd-pleasing soft news stories taken from other Websites.

NowPublic is not being “embraced by major media,” it is iteself embracing the original content of major media, by piggybacking on the professional work done by professional news organizations, amazingly cost free to NowPublic!

If “smart money” is backing the regurgitation of the content of others as a smart media play, who will pay for the production of the news that is being poached?

I asked the same question at the beginning of the year, when Time magazine announced its online news “made simple,” The Ag; A recylcing of the news produced by others:

Now you can start your day by checking our news blog, The Ag, which smartly aggregates and summarizes the most important stories from daily newspapers and blogs around the world.

Time says  “The Ag is the work of Time’s Matthew Yeomans, an early-rising journalist based in Cardiff, Wales”:

Yeomans scours his bookmarks and RSS feeds every weekday morning and writes a digested version of the best stories from hundreds of the world’s great newspapers and blogs, giving you all the news you need to read without reading all the news.

Yeomans’ scouring at dawn conveniently provides the Times’ audience with the breaking news produced by the world’s great newspapers, without the inconvenience of having to visit the producing news organizations to read their original content, or view the ads that support such competitors’ news production.

In the “democratic” news tradition of the Web, Yeomans’ better versions of the best stories of others are sprinkled with new media’s online currency: links.

Typically, Yeomans’ “breaking news” stories are standalone “reports” created from the content of various (competing) news organizations. Yeoman attributes his source content, including links, while Time nevertheless underscores to its readers that there is no need to be “reading all the news” appropriated from those that paid to produce it.:

 

The BBC says,
Reuters quotes,
AP quoting,
CBS news reports,
According to CNN Asia,
According to the WSJ…

 

Time may be making shrewd Time-centric business decisions, but what if the producing news organizations Yeomans scours for his “news” follow suit? Ditto for the business model of not quite citizen journalism site NowPublic.

 

At the end of the new media, citizen journalism day, who will pay to produce the news that everyone seeks to aggregate without paying for? Will there continue to be news to aggregate? News may be a commodity, but valuable commodities cost dearly. 

ALSO: How Pegasus News Fuels Local Media Business Model for Fisher Communications: INTERVIEW

CONTACT DONNA BOGATIN

 

FLASH! NowPublic Digg Clone Preps Global ‘News’ Domination

This is Now Public: NowPublic, a seemingly “citizen journalism” network, is following in (not so) good Google and Facebook traditions of world domination hype.

While Google has laid claim to all the world’s information and Facebook believes it will be the world’s social graph, NowPublic is feeling giddy thanks to a new $10.6 million VC infusion and declaring its intention to be the biggest “news” agency in the world.:

Merrill Brown, chairman: This round of financing will enable NowPublic to further its goal of being the largest news network in the world with more people on the ground in the right places and at the right times to report the news.

Does it have a shot? NO! Why not? Because NowPublic is NOT acting predominately as a network for original news, in other words a “news agency.”

What IS a news agency? Encyclopedia Britannica: “organization that gathers, writes and distributes news from around a nation or the world to newspapers, periodicals, radio and television broadcasters, government agencies…”

NowPublic is operating in the exact oppostite fashion, however. NowPublic “contributors” are not generally posting original, primary-sourced “news”: NowPublic “news” stories appear to be predominately of the derivative blogging style ilk, merely “borrowed” cut and pastes of ”news” stories originally reported by real, professional news reporting organizations and/or other blogs.

Moreover, NowPublic’s public defintion of how it defines “news” is in contradiction with the “news” stories it actually hosts and promotes at NowPublic. The NowPublic website on its “news values”:

We have a very simple definition of news that allows our members to be assured that what they read is actually newsworthy: “News is new information on current events.” The news you post should be “news in this commonly accepted sense. It will be one of three types:

1) Original, relevant information about a current event that you have actually witnessesed, documented or reserached.

2) New information yo have collected, aranged and contextualized about a current event.

3) Commentary, advice or analysis directly related to a current event.

In reality, however, NowPublic is functioning as a Digg like site, aggregating crowd-pleasing soft news stories taken from other Websites.

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The current NowPublic feature “news” story is about a YouTube video, taken verbatim from a story reported by Cebu Daily News and published at Inquirer.net:

Cebu Daily News First posted 05:34 PM 07/27/2007  CEBU, Philippines—A video of provincial inmates dancing to the tune of Michael Jackson’s 80s hit “Thriller” may end up in the Guinness Book of Records.

Capitol security consultant Byron Garcia yesterday said the video has a shot at taking the record for the most number of individuals dancing to “Thriller” at the same time and in the same location. He said he was informed by a Guinness Record title holder that the current record stands only at 65 dancers.

The NowPublic “crowd powered” version, dated July 29, 2007:

A video showing over 1500 prisoners of the Cebu Provincial Detention and Rehabilitation Center  in the Philippines performing to Michael Jackson’s smash hit Thriller has been viewed over 2,500,000 times on You Tube.

Capitol security consultant Byron Garcia yesterday said the video has a shot at taking the record for the most number of individuals dancing to “Thriller” at the same time and in the same location. He said he was informed by a Guinness Record title holder that the current record stands only at 65 dancers.

The NowPublic current lead story–a two-day old regurgitated ’story” about a sensational YouTube video–is not in the spirit of NowPublic’s own definition of what is “newsworthy.”

NowPublic touts it is the “largest news organization of its kind…a participatory news network that mobilizes an army of reporters to cover the events that define our world.”

What is NowPublic touting now though as “The Best Crowd Powered News” on its home page?

“No trick plays here”: What is it? A verbatim reprint of an Associated Press reported story published at Yahoo Sports.

“You can’t have a phone because you are DEAD”: What is it? A verbatim reprint of a story reported and published by Northhampton Chronicle.

“The lucky escape”: What is it? Apparently a real, honest to goodness “citizen journalist” news contribution; A photo of a jockey on a horse purportedly saying “get off the fucking racetrack” to someone.

“Mayor Gets Happy”: What is it? A verbatim reprint of a story reported and published by The Vancouver Observer.

NowPublic founder & CEO Leaonard Brody says his model of citizen journalism is “increasingly being embraced by major media.”

Really? It is mostly the other way around; NowPublic is embracing the original content of major media, by piggybacking on the professional work done by professional news organizations, amazingly cost free to NowPublic!

What about NowPublic Hurricane Katrina and Virginia Tech contributions, NowPublic will retort. What about them? Man on the street “eye-views” of one-off mass public blockbuster news events are now easily obtained by professional news organizations as well.

NowPublic does not have a defensible “breaking news” value proposition and its daily “news” operation follows in the not so glorious derivative tradtion of AOL’s Weblogs.

Traditional news organizations have much to fear from innovative upstart Web-based news sites; NowPublic is not one of them.

ALSO: If ‘We the Media’ Poaches Content, Who Pays for News Production? and How Pegasus News Fuels Local Media Business Model for Fisher Communications: INTERVIEW

CONTACT DONNA BOGATIN

 

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