monetization

From The Membership Guide’s handbook/manifesto:

Journalism is facing both a trust crisis and a sustainability crisis. Membership answers to both.

It is a social contract between a news organization and its members in which members give their time, money, energy, expertise, and connections to support a cause that they believe in. In exchange, the news organization offers transparency and opportunities to meaningfully contribute to both the sustainability and impact of the organization.

Elsewhere it continues:

Membership is not subscription by another name, nor a brand campaign that can be toggled on and off.

…and:

Memberful routines are workflows that connect audience members to journalism and the people producing it. Routines are the basis for a strong membership strategy. Notice that audience members are specified here, which is likely a wider group than your members.

On the future of media, at The Awl:

Of course a website’s fortunes can change overnight. That these fortunes are tied to the whims of a very small group of very large companies, whose interests are only somewhat aligned with those of publishers, however, is sort of new. The publishing opportunity may be bigger today than it’s ever been but the publisher’s role is less glamorous: When did the best sites on the internet, giant and small alike, become anonymous subcontractors to tech companies that operate on entirely different scales? This is new psychological territory, working for publishers within publishers within publishers. The ones at the top barely know you exist! Anyway, internet people, remember this day in five years: It could happen to you, whether you asked for it or not.

Because, on the future of MetaFilter:

Unfortunately in the last couple years we have seen our Google ranking fall precipitously for unexplained reasons, and the corresponding drop in ad revenue means that the future of the site has come into question.

Ironically, from a Facebook executive:

Please allow me to rant for a moment about the state of the media.