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Economics + Future of Media

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Business Spectator. Where's The Media Bailout Package? How We’re Financing Meaningful Journalism « Knight Garage. Link economy. The economics of Open Source. Journalism in the Age of Data: A Video Report on Data Visualization by Geoff McGhee. Changes in Media Over the Past 550 Years | Sergii Danylenko and Anna Prymakova asked me to speak about “changes in media over the past five years“ at MediaCamp Kyiv last week. It’s a pretty standard topic of discussion for me, but I felt that it would be more interesting and more useful to look at changes in media over the past 550 years. What follows is a hyperlinked version of my talk. I recently received an email from NowPublic, a popular citizen journalism website in North America, with the subject “Now Hiring.”

This is a rare thing in the field of journalism these days – citizen or traditional – and so I wanted to see what they are paying for and how they are covering the expenses. For me, this exemplifies the state of news media: there is now, for the first time in the history of the world, an abundance of content and a scarcity of attention. Since the invention of the papyrus scroll in Egypt over 4,000 years ago, this is how books were always produced: by hand, and one by one. But then something happened.