#Journchat 5.28.12
This week's chat was hosted by Adam Popescu, technology reporter for the Los Angeles Business Journal. The topic was "The Future of Newspaper"
Hey all. Guess what? @adampopescu is our guest moderator for the night! Follow him for tonight's ?s. owl.li/bcFqd #journchat
Happy to be here, I'm the tech reporter at @labusinessjourn. Check me out labusinessjournal.com/staff/adam-pop… #journchat- Some newbies!
Hello there! It's my first time in this chat! Learned about it from guest-host @adampopescu #journchat
I'm a #journchat first-timer too! Funny, I never look for patch but whenever I google my neighborhood (#CarrollGardens) it comes up tops- Question #1
- @journchat Q1 Is Patch a failure? Reports say the AOL local coverage site loses $150 mill a year background: owl.li/bcFZJ #journchat
- Q1 <2 of 2> via @adampopescu What does this say about the local online community news experiment? #journchat
- Discussion:
A1: "Failure" is defined in terms of whether or not they met well-defined goals. Do we know what their goals were? #journchat
A1. Was Patch ever a success? From what I heard, it was expecting too much and overworking its reporters from Day 1. #journchat
@journchat i think financially it was a failure, but there is a place for the small-town community news #journchat
@journchat I think #hyperlocal #online #news can work it just may need a different #business model #journchat
@SherriWrites I agree with you. #hyperlocal #online #news can be a new media for each community. #journchat
I think online news is shifting to local perspective. Although that has always existed in the MSM we the people now have voice! #journchat
@journchat Is there a hyperlocal effort that's a success monetarily or traffic-wise? #journchat
@adampopescu A1 no one wants to lose money, time to rethink strategy. Org think online ads must be cheaper than offline - Why? #journchat- @adampopescu A1 we need to remember, cost of publishing news has gone down, but not the cost of gathering & reporting it #journchat
- @DR4WARD So hard to figure out a business model for local news when national news still hasn't figured it out. #journchat
How long has Patch been around? Most businesses need three-five years to determine success/failure. #journchat- Question #2
- @journchat Q2 Did Warren Buffett just save newspapers with planned purchase of 63 local papers for $142mill? owl.li/bcG2s #journchat
- Q2: What happens to journalism (or at least the public perception of unbiased journalism) when one person controls so much? #journchat
