American Journalism Review has a big piece on the death of Backfence.com and on the future of hyperlocal news (including the requisite interview with Rob Curley and mention of LJWorld and Naples Daily News).
Maybe my favorite bit:
"In fact, many operators don't really have a business model. The first wave of hyperlocal sites has featured seat-of-the-pants operations, staffed part-time by dedicated volunteers, community activists and impassioned gadflies."
Comments (1)
Patrick T. Lafferty:
That article really showcases what is wrong with the industry-at-large. They are all trying to figure out how to make money from innovation, then innovate. That isn't how it works. You innovate, then find the business model. Franklin wasn't thinking, "I bet that there is a market for a pair of glasses that let you see near and far. Time to innovate!"
Edison wasn't burning through incandescent bulb prototypes because of a future business model.
I am not anti-capitalist (I thoroughly enjoy money!), but I am continually amazed at the myopic view of "the media" and take every chance I get to yell about it in comments sections. Thanks for your attention.
Posted by Patrick T. Lafferty | July 13, 2007 11:58 AM
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Posted on July 13, 2007 11:58