Psion founder backs new investigative journalism bureau

An interesting attempt to address the problem of who will fund investigative reporting if the newspapers go bust. According to this Press Gazette story,

A major new journalism project that aims to be the "counterweight" to the perceived decline of investigative reporting has secured £2m in start-up funding, it was announced today.

The Bureau of Investigative Journalism will launch in London in the coming months and claims to be the first organisation of its kind in the UK dedicated to independent public interest journalism.

It will hire a managing editor, two or three reporters and will also fund freelance investigators and researchers. Its aim is to dig out – and then sell – the stories that many news organisations say they can no longer afford to cover in-house.

The not-for-profit bureau has been given the go-ahead as a result of the “extraordinary generosity”of a single donor – the Potter Foundation – which has made the £2m grant.

The foundation is run by David Potter, who made his fortune as the founder, chief executive and now chairman of hand-held computer manufacturer Psion, and his wife Elaine – a former Sunday Times journalist who now chairs the board of the Centre for Investigative Journalism.

I hope it works. Wonder what the business model is.

How Teenagers use media

Hilarious report by a teenager who worked as an intern in Morgan Stanley. The Guardian carried it today.

It’s a great read — and largely accurate if my teenage kids are anything to go by. It closes thus:

What is hot?

• Anything with a touch screen is desirable.

• Mobile phones with large capacities for music.

• Portable devices that can connect to the internet (iPhones)

• Really big tellies

What is not?

• Anything with wires

• Phones with black and white screens

• Clunky ‘brick’ phones

• Devices with less than ten-hour battery life

Free Thinking

This morning’s Observer column.

The reception accorded to Free has been markedly different from the respectful audience for the Long Tail. The opening salvo came from Malcolm Gladwell, the New Yorker writer who is himself a virtuoso of the Big Idea, as expressed in books such as The Tipping Point and Outliers. He was particularly enraged by Anderson’s recommendation that journalists would have to get used to a world in which most content was free and more and more people worked for non-monetary rewards.

“Does he mean that the New York Times should be staffed by volunteers, like Meals on Wheels?” Gladwell asked icily…

The Gladwell piece is here, by the way.

The history boys

There have been lots of histories of the blogging phenomenon, but this is the best so far — thoughtful, informed and perceptive. It also includes the best short description of us that I’ve heard: “a mutually supportive community of information scavengers”!

Worth bookmarking and reading in full. A terrific resource for anyone interested in the evolution of our media ecosystem.

Thanks to Dave Winer for the link.

Chronicle of a death oversold

Thoughtful reflections by Mark Lawson on news coverage of the death of Michael Jackson. Ends on this note:

Journalism was once grandly said to be the first draft of history. We’ve now moved to a world in which gossip is the first draft of journalism. When the rumour proves true, it’s great luck for viewers. But there will be nights, you fear, when this amazing pace will lead to retractions and embarrassment.

Micropayments — again. Zzzz…

It’s hard to keep a bad idea down. Now it’s James Fallows’s turn to fantasise still that micropayments are the solution to online journalism’s revenue deficit.

In principle, some form of ‘micropayments’–tiny royalties for each online item – will be part of the eventual solution for financing online news. The problem is that most existing systems are too big a nuisance. In a world where people willingly pay several dollars per day for cable or satellite TV programming, you’d think that a newspaper article would be worth at least a few cents. But in practice, anything that complicates or delays the act of reading a Web page or clicking a link probably sends an online reader someplace else. It’s not the five cents that stops you; it’s having to decide over and over again to spend the next five cents. It might be the same with TV if you had to authorize a payment each time you switched to The Daily Show.

A sustainable payment system for online news has to make the process as effortless – but still as controllable – as the EZ-pass system for highway tollbooths. Or, for a more modern reference, as the SkypeOut payment system on Skype. With EZ-pass, you decide ahead of time that you’re willing to pay for tolls, so you’re spared the hassle at the booth. With SkypeOut, you decide ahead of time to spend $25 or $50 on Skype’s pennies-per-minute calls to landline phones, and you don’t have to worry about the details for each call.

It’s pure fantasy, this, as Clay Shirky pointed out ages ago:

Because small payment systems are always discussed in conversations by and for publishers, readers are assigned no independent role. In every micropayments fantasy, there is a sentence or section asserting that what the publishers want will be just fine with us, and, critically, that we will be possessed of no desires of our own that would interfere with that fantasy.

Meanwhile, back in the real world, the media business is being turned upside down by our new freedoms and our new roles. We’re not just readers anymore, or listeners or viewers. We’re not customers and we’re certainly not consumers. We’re users. We don’t consume content, we use it, and mostly what we use it for is to support our conversations with one another, because we’re media outlets now too. When I am talking about some event that just happened, whether it’s an earthquake or a basketball game, whether the conversation is in email or Facebook or Twitter, I want to link to what I’m talking about, and I want my friends to be able to read it easily, and to share it with their friends.

This is superdistribution — content moving from friend to friend through the social network, far from the original source of the story. Superdistribution, despite its unweildy name, matters to users. It matters a lot. It matters so much, in fact, that we will routinely prefer a shareable amateur source to a professional source that requires us to keep the content a secret on pain of lawsuit. (Wikipedia’s historical advantage over Britannica in one sentence.)