Techdirt's Mike Masnick on (Not So) New Models To Compensate Authors
Brands — by way of their ad budgets — have always made publications possible. Publishers know how to create great content and get it into the hands (or browsers or feeds) of readers. In exchange for riding publishers’ distribution coat-tails, brands fund content creation and dissemination by running ad messages near the editorial content.
More and more, brands are recognizing that they need to become publishers themselves. But publishers (and their content creating teams) are still, in most cases, better at that kind of work. So, while the Internet and other digital platforms are changing how and what we read, the publisher / brand advertiser partnership is no less vital. From Techdirt:
“For example, American Express has been using Insight Community content on its own award-winning Open Forum blog discussing trends and issues related to small businesses. American Express does not have editorial control over most of the content, and the content is pretty clearly not specific to or slanted by American Express’s sponsorship of the endeavor. And, as some people are noting, that blog is full of such wonderful content, that plenty of other mainstream publications, including the NY Times and the Financial Times, are noticing that such a publication really is no different than a small business trade publication now.
“Except, rather than American Express having to buy ads in random small business trade publications, it gets to sponsor the whole thing — while ceding much of the editorial control to others. Obviously, we’re a bit biased here, because we believe this is a tremendously viable model, but if you read the content on that site — or, say, the content on the Digital Nomads site sponsored by Dell, that runs under a similar model, you can judge the quality of the content yourself — and recognize that for all the whining and complaining about the old models going away, there are tremendous new opportunities opening themselves up, as well. “
