Vator Box

Special: The new news model (black &white)

Topix CEO Chris Tolles is our guest host; Intense Debate, NowPublic

Innovation series by Bambi Francisco Roizen
June 30, 2008 | Comments (8)
Short URL: http://vator.tv/n/2c4

5

The news business has changed dramatically in the last 50 years, since the days of pioneer TV news broadcaster Edward Murrow, who delivered his segments with cigarette in hand and opened and closed his newscasts with his signature phrases: "This is CBS" and "Goodnight and good luck." In this smoking, black and white episode of Vator Box, we bring you back to those days (well, at least we try). And, who better to be our guest host than Chris Tolles, outspoken CEO of Topix, a local news site whose content is 85% user-generated with 125,000 comments posted daily. John Shinal, veteran journalist and Vator managing editor also joined us. Get two guys passionate about the imploding news business and you get a lot of fireworks and sideswipes. 

In this episode we look at two companies - Intense Debate and NowPublic - changing the news paradigm, not so much for the companies themselves, but for their participating in ushering in those changes. Both companies are shaping the way individuals and society are interacting with one another and interpreting the world.

The comment generation 

We started with Intense Debate. Why? We think comments or the business of aggregating comments is a big deal and a game-changer in the news business. Talk about a heated discussion on Vator Box! Clearly, it's a busy sector. Both John and Chris lashed out about the competitive landscape, pointing out that it was unclear exactly what this company was doing differently than Disqus and coComment. Chris questioned the business model. If Intense Debate was powering a bunch of small blog sites, "it's not going to be powering enough pageviews," said Chris. Ezra Roizen, Vator Box regular, asked: "Is this a site to help publishers? Or, is this a site to pull people off and put them on their own sites?" 

To the credit of Intense Debate, it is helping to usher in a significant trend, which John pointed out. "There is a broad trend toward putting comments on equal footing as blog posts," John said. Essentially, bloggers were a response to mainstream media. Now, the readers of bloggers are responding to the bloggers. As John said, "Their (bloggers) own readers are becoming supplemental to bloggers."

We all agreed that comments are increasingly the place where the action is. Who's commenting is more interesting than the piece itself! The question is: Will smart and chatty people gravitate toward a great piece of content? Or, will they go to sites where they think other smart and chatty people hang out?

Crowd-sourcing and citizen journalism 

We then turn our attention to NowPublic, a crowd-sourcing news site based in Canada. Founder and CEO Leonard Brody calls NowPublic the "largest citizen journalist network in the world," in his video pitch. John threw a zinger at Chris, saying that he thought Topix was. Chris responds in an upstanding way, but then rips into the NowPublic model. "Their big problem is distribution," he said. "I think the challenge is getting to a critical mass of the audience... They say they have 130,000 contributors... is that regularly or once... You got to look at regular usage."

As a veteran journalist, John is shaking in his boots. "The idea of first, on-the-scene reporting is a huge trend," he said, referring to the China earthquake, which was first reported on Twitter. 

Ezra raised a challenge for NowPublic, which is matching first-hand reporting about stuff with an audience. "People Twittering about China, that's a broadly interesting piece of content," he said. "If someone is Twittering about should gas stations sell beer past 10... or something very local, that's incredibly local content that only a small audience is interested in."

Chris concurs, adding that it's hard to get an audience in a five-block vicinity.

The three have a lot more advice, and opinions - as this was the most opinionated Vator Box yet. So, I won't give it all away. You'll just have to watch. Oh, and please don't be shy about sharing your opinions and commenting. Whoever points out the exact time when a shirt almost catches on fire, gets a prize.


Related companies, investors and entrepreneurs

Plogo_intensedebate-comments-rediscovered_id-logo_final-070905
IntenseDebate
Startup/Business
Description: Super-size your comments!  By offering persistent identity, reply-by-email, and integration with social networks, IntenseDebate help...
Thumb_1166_nowpublic
nowpublic
Startup/Business
Description: NowPublic started a little over a year ago under the premise that the majority of mainstream media have lost the ability to do proper fir...

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Comments

Comment_gbg
Mitos Suson, on July 1, 2008

The new, new news model (in black and white)is smoking HOT! Thanks for bringing us back to those days. Personally, I do enjoy reading comments and learn a lot and get an objective view just from the interaction itself.


David Saad
David Saad, on July 1, 2008

After listening to your debate, I watched Intense Debate's pitch and the demo of their product at their site. I think it does have some nice features. One of the features that they are promoting is the threading of comments. Threading is a two-edged-sword. While threading represent better a dialog by showing who has said what to whom, more often than not, the conversation goes on a tangent and gets personal and unrelated to the main topic. All it takes to ignite such phenomenon is for one user to make a fisty comment about the logic of another user for a war to start. Such personal attacks are quite common in bulletin boards.
That aside, and more importantly, and despite the nice features that Instant Debate has, I wonder if there is a real need to aggregate/manage comments. From my perspective, comments are in fact local - local to the article which is commented on. How useful would comments be, threaded or not, if taken out of context?!
Putting aside my reservation, Instant Debate could consider another business model which is a subscription fee paid by publishers who wish to empower their website/blog with a more sophisticated comment system. In another words, Instant Debate would be for comments what Bazaarvoice is for reviews. It's a while label system offered on a monthly subscription fee under the SaaS model to big publishers.


David Saad
David Saad, on July 1, 2008

Forgot to mention: happy to see that you're all pretty lowsy smokers. LOL


Drew  Curtis
Drew Curtis, on July 1, 2008

The push toward putting comments on the same footing as blog posts is motivated by a desire to convince advertisers they're worth the same for ad-spending purposes


Gary Silver
Gary Silver, on July 1, 2008

Great piece, Charlie Rose has nothing on Bambi.


Gary Silver
Gary Silver, on July 1, 2008

Ezra's nervousness about shirt combustion seems to peak about 8:20. What's the prize?


Ezra Roizen
Ezra Roizen, on July 1, 2008

I'm invoicing Vator for a new shirt ;-)


Bambi Francisco Roizen
Bambi Francisco Roizen, on July 1, 2008

Gary Silver wins the prize! A shirt with a hole in it autographed by THE Ezra Roizen!!! :-) (we'll think of a prize)


Gary Silver
Gary Silver, on July 2, 2008

I couldn't take the holy shirt off Ezra'a back (it doesn't look like my size). Would a pithy intro to an angel who actually understands the freight marketplace be too much to ask? ;)


Bambi Francisco Roizen
Bambi Francisco Roizen, on July 2, 2008

Not much to ask at all. I believe you just received a message in your Vator inbox.


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