Merry Xmas!!!!!!!!!! I’m writing this on my brand new IPod Touch which means more posts baby! Loving it, so hot.

Lots of work has been around which is the business model giving competitive advantage in the new online media game - a lot of factors, both traditional i.e. content, revenue and new i.e. timeliness (fastest is first), more channels to choose , from, increased global reach.

This will static though, as soon as a news provider gets comfortable and not open to new content in demand, channels popping up that didn’t exist before and other tech and environmental developments the edge gained is likely to be lost.

There are a lot of models and iterations though - as outlined here by Professor Michael Rappa

Business Models on the Web - Managing a Digital Enterprise

Reuters will supply FT.com with Reuters News Video comes days after the news wire unveiled plans for a co-branded business news section in the International Herald Tribune and on IHT.com.
Read more Here 

This is
“part of the news agency’s drive to provide increasingly demanding media clients with more than just text.”
A word from the Journalist..
“For the most part, we journalists don’t retain any residual claim to our own work; our publishers and station owners do. They own all our photographs, our raw tapes and our clips. And most journalists are well-aware of the fact that media companies haven’t figured out an economic structure for journalism on the Internet.”
Read an interview here with the CEO of Associated Press:
-News is a growth industry and that it was high time to kick ‘despair’ to the curb.
-Breaking news is worth more these days than it ever was. So breaking news is a premium business.
-A balance of power that exists online, between the portals and the creators of original content.
The solution: fairer deals to ensure that creators aren’t giving away the house, along with a willingness to adapt to the changing ways readers consume the news.

Read Tom Curley, “Portals, Local content - The mother of all battles” here

Loving the urban dictionary - dictionaries should never be static and completed! I just added a word or two today that I hope will sneak into mainstream society..

Neologism - “Practice of innovation in language,” 1800, from Fr. néologisme, from neo- + logos “word.” Meaning “new word or expression” is from 1803. Neological is attested from 1754.|

Get your daily dose of Innovation in language here

1. Copyblogger, by Brian Clark: Holding the number-one spot for the second year running, this site excels at teaching the art of writing.
2. Freelance Writing Jobs, by Deborah Ng: For writers seeking new work, this site is your sole destination and maintains a top spot in our contest from last year.
3. The Renegade Writer, by Linda Formichelli and Dianna Burell: Are you a freelance journalist looking for inspiration? Look no further.
4. Web Content Writer Tips, by James Chartrand and Harrison McLeod: With a focus on making more money as a writer, this blog is full of helpful how-to articles.
5. Web Writing Info, by Courtney Ramirez: This excellent blog looks at social networking and emerging web-based opportunities for writers.
6. The Golden Pencil, by Anne Wayman: Wayman, a second-year winner, examines how to go for the gold as a freelance writer.
7. Catalystblogger, by Jennifer Williamson: Williamson writes about the pains and trials writers face.
8. Freelance Parent, by Lorna Doone Brewer and Tamara Berry: Two moms provide excellent perspective on writing with a dash of parenting.
9. Write from Home, by Amy Derby: Derby provides fresh commentary and advice on writing.
10. Copywriter Underground, by Tom Chandler: This site, a second-year winner, provides regular doses of inspiration for copywriters

    Poynter Online - New Media Bilbliography

Reuters & Int Herald Tribune have signed a deal with an agreement to launch a co-branded daily online and print business report a move that marks a break to the usual where newpapers e.g. IHT pay wire services e.g. Reuters a subscription fee for ability to republish news. Reuters and IHT will share the revenue from advertising and IHT is still able to draw news from other sources/wires as it is a non-exclusive deal.

IHT is owned by the NYSE Listed New York Times Company a diversified media company including a wide range of newspapers, internet businesses, television and radio stations, investments in paper mills and other investments.

In other Media company News today
-Conrad Black formerly of Hollinger International is facing 61/2 years in jail for defrauding shareholders. Read NZ Herald Story

-At the end of the week the Wall Street Journal will be owned by Rupert Murdoch’s Newscorp. Murdoch has appointed a new management team for Dow Jones, including longtime News Corp publishing executive Les Hinton as CEO and Robert Thomson, editor of the Murdoch-owned Times of London, as publisher. Read NZ Herald Story

Just been reading through an e-book “Time Mgmt for Creative People” By Mark McGuiness - Wishful Thinking

It is based on the premise that you must
“Be regular and orderly in your life so that you may be violent and original in your work.”
Gustave Flaubert

The E- Book covers how to:

- Prioritise work that is important not urgent
- Ring fence your most creative time (mine is the night or while jogging in the fresh air)
-Avoid the ‘Sisyphus effect’ ( result of endless to-do lists, which in turn are created by a constant stream of incoming demands.. ) of endless to-do lists. A quote - “We start the day full of enthusiasm, but by the end of it, we’ve
taken on so many new commitments that the to-do list is longer than when we started.”
-Get things done by putting them off till tomorrow (yes!)
-Get things off your mind
-Review your commitments
And provides some resources to help you get things done.

You can download it Here

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I still find myself caught at times in that hideous trap of psych101 style essay writing. That kind of academic prose is so desperately dry and unreadable. I still definitely need practice, picked up a few tips here from the experts.

• short, simple sentences not only sell more books, but spread ideas farther and faster.
• keep the same style.
• When you find yourself impressed by your use of a sesquipedalian (ahem, a big word), change it
• when it comes to new media, check the Uni style at the door.Writing to be read - Seth Godin
  Why writing like a college student will kill you online - CopyBlogger
  

Copywriting 101: An intro to Copywriting from CopyBlogger

It takes just one groundbreaking idea, one novel invention, even just a really stellar upgrade.”

Submit your own innovation.. or don’t and someone else will get the patent first.
View Innovation: Fire, Penicillin, YouTube…