Will Internet Portals Invest in Newspapers?

The most interesting thing I've seen in a long time about newspapers was a video on Yahoo! Finance. In it, Todd Harrison, CEO of Minyanville.com, who suggested that online portals buy large print companies like Gannett, my former employer. The idea of "Content as King," isn't news to a veteran newspaper editor like myself. Nice to see someone in the financial world with the same understanding.

I e-mailed the video to a number of newspaper friends, one of whom asked me what I thought would happen if such a deal emerged. As the editor of a startup company for a niche product, I think there's a real possibility in the idea. Given the media partnerships that emerge online, (msn.com, for example, using content from our site and links to it), it seems like a sound idea to maintain a steady stream of content that could be reused online from the original source -- the newspaper.

Until newspapers don't have any readers anymore, there's still income -- albeit much less of a profit margin than in the past -- that comes from the print product and the traffic from its online publications. So an online portal could maintain the newspaper's circulation until it becomes a financial liability and still get the benefit of great journalism.

These days, given the state of the struggling newspaper industry, the idea looks appealing indeed.

In Startups, It's All about the Little Things

When you're the editor at an Internet startup, days go by that follow a routine. It's all about the internal stuff. Playing with headlines to get better search engine optimization. Restructuring stories to make them easier to read online. Examining the look of the latest emoticons, avatars or landing page redesign. All worthwhile stuff, to be sure. But given my traditional news background, occasionally I miss the excitement of a good, old-fashioned breaking story.

And then one day, when you're out of the office at a daylong conference about startups, the fun happens without you. Your Blackberry gets tied up with e-mails about your content getting picked up by another news organization -- or two.

You find out a blogger from the Seattle Post Intelligencer has picked up a story about how baseball can help your relationship. Or Yahoo's women's site, Shine, quotes the same story. Or that msn.com has highlighted your news story about how the mortgage crisis may be adding to the divorce rate. And then U.S. News and World Report picks up the story the same day.

These are the days when you know, despite the daily routine, you're doing something right with the content. And you remember what a kick working on a good news story can really be.

The Fight over Yahoo

Thanks to the Washington Post for its story on Murdoch and AOL fighting for Yahoo. This is the kind of purchase that traditional newspaper companies should angling for. Content folks + an Internet portal = endless possibilities.

Yahoo Can, Newspapers Can't?

Yahoo can do this. Newspapers can't?

See previous blog entry. Enough said.