I just read Jeff Jarvis’ Medium post titled “Returning Scarcity to News” and especially appreciated his argument for journalism as a service, rather than as a commodity content business:
Only when we reconceive of journalism as a service rather than as a factory that churns out a commodity we call content, only when we measure our value not by attention to what we make but instead by the positive impact we have in lives and communities, and only when we create business models that reward quality and value will we build that quality and value.
News and entertainment publishers are increasingly looking to major platforms like Google and Facebook for wider distribution of their content and alternative revenue options. It’s easy to understand why: these platforms have far greater reach than any single publisher and with ad blocking increasingly hurting publishers, they need to do something. And soon.
I’m cautiously optimistic that ad blocking will prove to be a positive trend that forces publishers to focus on better content and improve the overall ecosystem. I think we will have to wait a couple years for business models to settle and the dust to settle before we can draw any conclusions.
Still, I am hopeful that good quality content will win.
I recommend reading the rest of Prof Jarvis’ post on Medium:
Image credit: kaboompics