Business Model and Competitive Analysis

May 29th, 2015
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Reimagining Journalism and the ‘Service’ Media Business Model The news media is in crisis. Massive layoffs, budget cutting, newspapers closing and declining audiences have sent the giants of media into a panic, spurring journalists across the country to search frantically for solutions. The Internet resides at the core of the problem and salvation for news, providing an explosion of innovation while disrupting traditional processes and business models. News media is presented with a unique challenge and opportunity to reshape the industry. But this isn’t a choice. News media cannot simply opt out of the future and continue with the old model. Social and market forces have altered the way people conceive of and consume news regardless of how editors and media moguls contend they should look at news. The current market runs short on patience for idealistic journalists. Yet, optimism abounds. The future of journalism is clutched between the invisible hand of the market and the unfamiliar

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Channing TurnerMCO 525: Final Proposal PaperNovember 30, 2009Reimagining Journalism and the Service Media Business ModelThe news media is in crisis. Massive layoffs, budget cutting, newspapers closing and declining audiences have sent the giants of media into a panic, spurring journalists across the country to search frantically for solutions. The Internet resides at the core of the problem and salvation for news, providing an explosion of innovation while disrupting traditional processes and business models. News media is presented with a unique challenge and opportunity to reshape the industry. But this isnt a choice. News media cannot simply opt out of the future and continue with the old model. Social and market forces have altered the way people conceive of and consume news regardless of how editors and media moguls contend they should look at news. The current market runs short on patience for idealistic journalists. Yet, optimism abounds. The future of journalism is clutched between the invisible hand of the market and the unfamiliar hand of innovation. By understanding the causes of the crisis, surveying current trends and reimagining journalisms role in the market, salvation may be found by combining new-model approaches with the conceptualization of news media as a purveyor of services.Rethinking the News: What is quality journalism?Before rethinking the future of news media, entrepreneurs must start with what future news media should provid

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