Introducing, Newsvine

30 thoughts on “Introducing, Newsvine”

  1. 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.

  2. 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.

  3. 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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  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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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