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Chris Anderson, editor of Wired Magazine, on his blog had some stark statistics about the declining fortunes of the old media, especially the newspapers. Will the old media will whither away or not, I can’t say. What I can add though, is theat the current state […]

Chris Anderson, editor of Wired Magazine, on his blog had some stark statistics about the declining fortunes of the old media, especially the newspapers. Will the old media will whither away or not, I can’t say. What I can add though, is theat the current state of flux has opened up opportunities for many to try new models, including many different models of citizen journalism. OhMyNews, Digg.com, Pajamas Media and Dan Gillmor’s efforts are good examples. Well, folks lets add another company to the mix – NewsVine, a Seattle-based company started by some of the former members of the Starwave crew. (Okay, I cringed at the name as well!)

In case you are not familiar with the Web 1.0 history, Starwave was this tiny yet innovative start-up that was acquired by Disney, and helped craft ESPN and Disney websites. I remember them as pioneers in creating multimedia experiences via the web browser. A former Starwaver Mike Davidson decided to opt out out of the big company life and jump right into the rough-and-tumble world of start-ups.

Davidson is the CEO of this five person company that has raised seed capital from Second Avenue Partners, a local Seattle venture capital firm created by Mike Slade, Nick Hanauer, Pete Higgins, and Keith Grinstein. Slade incidentally was the original CEO of ESPN.com (and the rest of Starwave) and led the company from a grassroots startup to a sale to Disney for several hundred million dollars. And Keith Grinstein was the former CEO of McCaw International and Nextel Communications. Newsvine has quietly built a site that uses the elements of Web 2.0 such as tagging, user submitted content and all sorts of things. But just don’t call them a Web 2.0 company.

Their model is pretty simple. Marry the content from generic news sources like Associated Press or Reuters, with citizen journalism. Newsvine will feature AP news feeds, which will account for about 80% of the content on the site. Rest of it will be made up of contributions from citizen journalists, who will sign-up and submit content to the site. So if you are a LA Lakers fan, then your columns could be featured right next to AP copy on a URL that will essentially look like Newsvine.com/Lakers. Given that I have been rallying against the whole concept of gross exploitation of “user generated content” you might be wondering why is it any different? Well, because you get a piece of the advertising that is sold against content you generated. Those of you who don’t want to write long articles, simply save the link to Newsvine with your comments.

So what these guys have done is basically mashed-up traditional online news site with About.com, Del.icio.us and OhMyNews and created a rather interesting blend of citizen journalism. From the screen shots I have seen so far, you could not tell the difference between them and say any other mainstream media news site. However, I have not seen the live product, and still remain fairly cautious about how the user contributions will pan out. They seem to be capitalistically-correct and hopefully they will prove my inner skeptic wrong.

PS: Being a media type myself, and a firm believer in the online media (read my resume) I digressed from regular broadband programming and delved into the whole news space. Now back to regular stuff …

By Om Malik

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  1. I’m gonna kill Davidson. I told him his company was probably going to be like OhMyNews in July/August and he acted like he had no idea what I was talking about.

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  2. but its like ohmynews except different. i think between him and you guys, something could be happening. nicely…

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  3. [...] Ein weiterer web-2.0-Startup steht in den Startlöchern: Newsvine. Was genau diese Firma machen wird ist nicht ganz klar, aber vermutlich geht es um News-Zusammenstellung aus Blogs und um Verstichwortung durch User. Mehr dazu hat Om Malik’s Broadband Blog. [...]

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  4. It’s becoming more and more difficult to discriminate between real vetted news and junk news. Mashups like Newsvine will just make it more difficult.

    – Cale http://www.palmit.com

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  5. Nick Hanauer is a good guy to watch. He was the rainmaker for Jeff Bezos at Amazon.com, helping him raise the first million through $30,000 investments from about 30 Seattleites. Nick is part of the family that owns Pacific Coast Feather Company, a bedding firm of great age. PCF was one of my 1994-era company’s first Web client.

    Nick parlayed the Amazon investment into other projects, notably Avenue A which also includes Aquantive, an ad software group.

    Anything Nick puts money into is worth watching, therefore.

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  6. [...] Newsvine will use a voting system, like Digg, to determine how relevant a given news item is. I think these user-determined ranking systems, like Digg and Memeorandum, are a great way to push good content to the top. I’m looking forward to seeing this live. (Via Steven Cohen and Om Malik). Tags: newsvine, news, memeorandum, digg, techcrunch, web2.0, web+2.0 Categories: Profiles, News, Social Networking | Bookmark this post with del.icio.us [...]

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  7. i love the comments glenn left. i feel like i am fast becoming the liz smith of the internet :-)

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  8. Thanks for the Vine, Jim

    That title only makes sense if you listen to the Jim Rome Show… one of my guilty pleasures. Actually this post is about a Vine of a different stripe… a NewsVine. Om Malik and his ubiquitous Broadband Blog veer wildly…

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  9. One of the interesting things is there are parallels to the rise of VOIP and the rise of New Media, in that advocates assume that the raw material for both is implied to be free. In the case of VOIP, people assume that networks come for free, but forget there is a lot of infrastructure to support the networks. There’s a misconception that wireless networks work like walkie talkies and cell phones talk to each other, but mobile calls are routed through the terrestrial networks. SBC prez view that these web 2.0 and VOIP are “infrasurfing” the existing network. The raw material of connectivity for Web 2.0 and VOIP is treated as free, when it really is expensive to maintain.

    The same thing is happening with news organizations. Most blogs and new media sites specialize in aggregation or analysis of others reporting, few actually do reporting of their own. Maintaining a reporting organization is hard and costly as is finding sources, doing background and fact checking. The number of reporters on staff in the field of the Wall Street Journal and New York Times is huge and we only see a small amount of the output on any given day. This like network infrastructure is not deployable in a day. Much of news ismerely parroting press releases and breaking news. Most of the blogs analyze that primary reporting, not generate their own. There are notable exceptions, but they are mostly deflating existing news (Rathergate for instance) instead of bringing up the story.

    So are the blogosphere and technorati cutting their legs off at the knees disparaging old media, but using their work. Is it sufficient to go to a public radio model to support that primary reporting? Or does one have to charge subscriptions such as Times Select. VOIP and New Media unconsciously view infrastructure as an externalized cost, and their advocates have not internalized the contribution the old guard offer. What would happen if the old guard media shut down for a week? What would the blogosphere comment on?

    Is web 2.0 and VOIP a case of robbing Peter to pay Paul. Old media is changing and needs to (Major Network News is a huge example, now merely parroting in video the primary reporting often of the print press). New media and new network services are going to have to figure out a way to acknowledge and support the soil they grow in, otherwise there will be a desert for all.

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  10. Oh Scrivsy… you were as right about that as you were that you’d finally beat me in fantasy football this year. That is to say, not right at all. :)

    OhMyNews’s model involves quite a few full-time human editors and is a much more of a pure citizen journalism effort at this point in time. They are trailblazers for sure, but there’s more to be done in the field of next-gen news delivery than just citizen journalism.

    One great thing online news is that there is room for a large handful of sites to succeed. A few large handfuls actually. Each effort brings something a little different to the table and it’s up to each reader to decide what’s best for them.

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  11. [...] Om Mailk talks about an interesting new News service on his blog. They’re called Newsvine. Says Om of them: So what these guys have done is basically mashed-up traditional online news site with About.com, Del.icio.us and OhMyNews and created a rather interesting blend of citizen journalism. [...]

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  12. Newsvine is already done to death:

    http://www.ohmynews.com
    http://www.gabbr.com
    http://www.digg.com
    http://www.plastic.com
    BBC has a site like this too
    and a whole bunch more

    I feel sorry for the VCs who put money in this venture — Newsvine is 2 years too late

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  13. [...] Russell Beattie, Om Malik and TechCrunch are reporting on a soon-to-launch news service called Newsvine. The interesting bit? They plan to merge user-generated content with regular news items. Even better, they want to add revenue sharing to the mix. I personally believe in paying content creators for their efforts (it’s something I’m going to be working on a lot over the next few months), so I’m keen to watch this one unfold. In fact, I’d go so far as to say that users should be rewarded whenever they create value for a company or a community. A few weeks back, Anil Dash suggested that Flickr should pay users who create interesting content – he was largely shouted down by the Flickr devotees. But I think he’s got a point. Likewise, Mark Cuban put forward an interesting – but fatally flawed – idea on how big news corporations could share revenue with anyone who directed traffic their way. But enough hints – here’s more on Newsvine from Om Malik: Their model is pretty simple. Marry the content from generic news sources like Associated Press or Reuters, with citizen journalism. Newsvine will feature AP news feeds, which will account for about 80% of the content on the site. Rest of it will be made up of contributions from citizen journalists, who will sign-up and submit content to the site. So if you are a LA Lakers fan, then your columns could be featured right next to AP copy on a URL that will essentially look like Newsvine.com/Lakers. Given that I have been rallying against the whole concept of gross exploitation of “user generated contentâ€? you might be wondering why is it any different? Well, because you get a piece of the advertising that is sold against content you generated. Those of you who don’t want to write long articles, simply save the link to Newsvine with your comments. [...]

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  14. Newsvine: a próxima geração de agregadores ?

    Um novo site chamado Newsvine deve entrar em fase de teste na próxima semana. Parece que o serviço será uma nova geração de agregadores, que dá ao usuário mais poder em decidir o que é importante. O serviço integrará algo…

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  15. Bobafart, I suppose Google should not have gotten into search because, at the time, there was already Yahoo! and Alta Vista, Excite, etc. Perhaps a few shortsighted folks believed they were too late to the game.

    I think there are plenty of good news sites out there, Newsvine is just taking some of the best aspects from a few of these and enriching and expanding on that. Also, I would not be too quick to judge, given that the recent leaks are just the beginning of what we’re going to know about Newsvine and their aspirations.

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  16. Hi “bobafart”. Nice name. I would say that, on the contrary, your comment has “been done to death” since I seen you cut-and-pasted on a couple of blogs now.

    Which reminds me… need to really make sure that troll filter is working for launch. :)

    On a serious note though, everything in the world has been done before. When the cheeseburger came out, don’t you think there were a lot of people saying the hamburger had already been done? I bet cheeseburgers outsell hamburgers now.

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  17. Add Crisscross News to your list. Ours is a global news network with social networking (currently in beta until) on the side. It is a follow-on from Japan Today, the world’s largest news site about Japan in English.

    While newsvine sounds interesting, I think their focus is too wide. I also know that user-generated editing does not work — it drives the most sensational stories to the top and devalues the breadth of news.

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  18. CommonTimes does this today
    http://www.commontimes.org

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  19. [...] Some are saying that this is not a new thing, it’s been done before…this is true to an extent, but NewsVine could take it to a mainstream level, all these others are great, especially CommonTimes, but none so far have made it to the lay persons heart, if NewsVine have the right marketing team they could lead the way. «« Previous: RSS Readers: pay attention to OPML! [...]

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  20. [...] crank the newswine (aka Newsvine (good thoughts about it are here)): Again, what an idea!? I am still thinking about how they will make money but I guess someone will come up with some kick ass “rss-based, tag-oriented, soap-compatible widget” which will do the job. Awesome idea. This ks definitely sooething to watch out for. [...]

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  21. [...] It’s been about a week since we took the first layer of secrecy off of Newsvine, and everybody over here couldn’t be happier at the reaction so far. Without a single dollar spent on PR, marketing, or really any organized effort to get the word out, Newsvine found itself on the front page of CBS News, the Seattle Post-Intelligencer, GigaOm, TechCrunch, Russell Beattie, and hundreds of other places. Like David Hasselhoff, we’re even apparently big in Germany. [...]

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  22. It will be interesting to see how NewsVine and Topix compare head-to-head once NewsVine launches. Chris Tolles used a lot of the same descriptions for the Topix relaunch that Om uses here for NewsVine.

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  23. [...] Om Malik gives some interesting company history on his blog. [...]

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  24. [...] Most don’t really create anything (notable exceptions Newsvine and Backfence) but instead are simply repackaging news that other people create. Without the efforts of News 1.0 and Bloggers, News 2.0 doesn’t mean anything. Its not News 2.0, but instead Repackaging News 2.0. We need to find a new descriptor. I do agree with Cashmore: they all look increasingly similar, which doesn’t behold good tidings for the future. [...]

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  25. Anyone interested in new business models for news should check our site, Crisscross, an easy-to-scan news and discussion site with a built-in social network that lets readers share and compare profile information such as goals and favorites.

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  26. Does “Web 2.0″ mean anything more than the name of a conference yet? I don’t like to admit it, but it’s starting to. When people say “Web 2.0″ now, I have some idea what they mean. And the fact that I both despise the phrase and understand it is the surest proof that it has started to mean something.

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  27. [...] came out of stealth in November 2005. (Read, Introducing Newsvine.) I think we will expect more large media players will start buying these Web 2.0-Media start-ups [...]

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  28. [...] the word out, Newsvine found itself on the front page of CBS News, the Seattle Post-Intelligencer, GigaOm, TechCrunch, Russell Beattie, and hundreds of other places. Like David Hasselhoff, we’re even [...]

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