There are stories that just don’t lend themselves to virality. And they shouldn’t.
Some news organizations publish stories that don’t benefit primarily from widespread buzz, shareability, clickworthiness, whatever you want to call it. There is some journalism, primarily niche journalism — whether that niche is energy, or the auto industry, or, in my case, cannabis industry journalism — that matters deeply to a smaller group of people. But what is important is that the quality and depth of it matters very much. And, above all, so much so that readers are willing to pay money to ensure that they don’t miss out, because some aspect of their work or life depends on staying in-the-know.
This is a premise against which a rising number of news organizations, including my own, Cannabis Wire, are hedging bets. The Information, Politico Pro, and even Jim VandeHei’s new venture Axios are all among a rising number of niche news organizations investing in a future in which people are increasingly willing to pay a substantial amount of money for focused, contextualized, analytical information from nonpartisan sources. And that price can range from $400 a year, in the case of The Information, to as much as $10,000, in the potential case of Axios.
Cannabis Wire just released its first paid report, about legalization in California and how it would change the global industry, for $199. It was an educated experiment for my news organization which was, at the time, not even a year old. The question was simple: Will influential people who need this information pay for it? And they have. Our challenge, of course, over the last year for our news organization has been figuring out who those people are. Further, taking time to identify the needs of that audience, which can be as simple as mining newsletter subscriber data, can shape and inform a news organization’s strategy.
There are a number of cannabis stories I could write that would generate clicks. The best strain for your migraine. The best bong for your morning wake and bake. The best cannabis-infused balm for your mysterious, but persistent, skin rash. But when it comes to writing about regulatory turns of the screw that could have implications for the future of the multibillion-dollar cannabis industry — say, packaging requirements for cannabis edibles — the audience for that suddenly shrinks substantially. But the audience that cares a lot — the license holders, the investors, the regulators, the lobbyists — wouldn’t want to miss that small development, and would pay to learn about it in a newsletter or a report. This holds true in auto, in energy, agriculture, defense, and in many other industries.
And while large-scale social platform distribution makes sense for a number of publications to reach as many readers wherever they are on whatever device or platform, scale isn’t everything to everyone in the media ecosystem. Sometimes, like when it comes to cannabis and public health, opting for cheeky cannabis stories can border on reckless. And for those publications who offer a premium experience, or premium information and data, it will be important to zig where others are zagging, and an increasing number of news organizations will likely go that route. This doesn’t only involve subscription-supported sites. A number of news organizations, including many local news organizations, or not-for-profit news sites, aren’t fit to survive on scale; they will slowly find ways to maximize what is important to them, like community integration or impact.
All news organizations ought to focus on identifying their value proposition in an increasingly distributed world, whether it’s brand or voice or hard-hitting investigative journalism. Those that focus on a niche have a leg up, and they’re embracing it. Just a few years ago, opting for basic paywalls, let alone high-priced premium content, seemed an inadvisable move in the media world. But as ad-supported journalism, even at scale, has remained an unsure bet for longer than the journalism industry might have hoped, the time to leap toward building membership alternatives could not be better.
Nushin Rashidian is cofounder of Cannabis Wire.
Robert Hernandez History will exclude you, again
Michael Kuntz Trust is the new click
Zizi Papacharissi Distracted journalism looks in the mirror
Rubina Madan Fillion Snapchat grows up
Valérie Bélair-Gagnon Truthiness in private spaces
Ray Soto VR moves from experiments to immersion
Alberto Cairo Communicating uncertainty to our readers
Errin Haines Chaos or community?
Umbreen Bhatti A sense of journalists’ humanity
Ernst-Jan Pfauth Earn trust by working for (and with) readers
Doris Truong Connecting with diverse perspectives
S.P. Sullivan Baking transparency into our routines
Ole Reißmann Un-faking the news
Cory Haik Navigating power in Trump’s America
Nushin Rashidian A rise in high-price, high-value subscriptions
Jonathan Stray A boom in responsible conservative media
Taylor Lorenz “Selfie journalism” becomes a thing
Rachel Sklar Women are going to get loud
Scott Dodd Nonprofits team up for impact
Tressie McMillan Cottom A path through the media’s coming legitimacy crisis
Sam Ford The year we talk about our awful metrics
Samantha Barry Messaging apps go mainstream
Matt Waite The people running the media are the problem
Olivia Ma The year collaboration beats competition
Dannagal G. Young The return of the gatekeepers
Mandy Velez The audience is the source and the story
Alice Antheaume A new test for French media
Emily Goligoski Incorporating audience feedback at scale
Ryan McCarthy Platforms grow up or grow more toxic
Nathalie Malinarich Making it easy
Sara M. Watson There is no neutral interface
Joanne Lipman The year of the drone, really
Pablo Boczkowski Fake news and the future of journalism
Emi Kolawole From empathy to community
Amie Ferris-Rotman Вслед за Россией
Richard Tofel The country doesn’t trust us — but they do believe us
Sydette Harry Facing journalism’s history
Liz McMillen The year of deep insights
Gabriel Snyder The aberration of 20th-century journalism
Moreno Cruz Osório The year of transparency in Brazilian journalism
Amy Webb Journalism as a service
David Skok What lies beyond paywalls
Megan H. Chan Cultural reporting goes mainstream
Claire Wardle Verification takes center stage
Vivian Schiller Tested like never before
Francesco Marconi The year of augmented writing
Maria Bustillos “It’s true — I saw it on Facebook”
Hillary Frey Forests need to burn to regrow
Reyhan Harmanci Bear witness — but then what?
Erin Millar The bottom falls out of Canadian media
Dan Colarusso Let’s make live video we can love
Andy Rossback The year of the user
Mathew Ingram The Faustian Facebook dance continues
Kawandeep Virdee Moving deeper than the machine of clicks
Eric Nuzum Podcasting stratifies into hard layers
Katie Zhu The year of minority media
Andrea Silenzi Podcasts dive into breaking news analysis
Cindy Royal Preparing the digital educator-scholar hybrid
Elizabeth Jensen Trust depends on the details
M. Scott Havens Quality advertising to pair with quality content
Jeremy Barr A terrible year for Tiers B through D
Anita Zielina The sales funnel reaches (and changes) the newsroom
Andrew Ramsammy Rise of the rebel journalist
Mario García Virtual reality on mobile leaps forward
Carrie Brown We won’t do enough
Millie Tran International expansion without colonial overtones
Corey Ford The year of the rebelpreneur
Steve Henn The next revolution is voice
Peter Sterne A dangerous anti-press mix
Kathleen Kingsbury Print as a premium offering
Libby Bawcombe Kids board the podcast train
AX Mina 2017 is for the attention innovators
Melody Kramer Radically rethinking design
Bill Adair The year of the fact-checking bot
Lam Thuy Vo The primary source in the age of mechanical multiplication
Javaun Moradi What can we own?
Ken Schwencke Disaggregation and collection
Julia Beizer Building a coherent core identity
Amy O'Leary Not just covering communities, reaching them
Rachel Schallom Stop flying over the flyover states
Jon Slade Trusted news, at a premium
Tim Griggs The year we stop taking sides
Burt Herman Local news gets interesting
Guy Raz Inspiration and hope will matter more than ever
Juliette De Maeyer and Dominique Trudel A rebirth of populist journalism
Alexis Lloyd Public trust for private realities
Rebekah Monson Journalism is community-as-a-service
Mary Meehan Feeling blue in a red state
Caitlin Thompson High touch, high value
David Chavern Fake news gets solved
Molly de Aguiar Philanthropists galvanize around news
Sue Schardt Objectivity, fairness, balance, and love
Geetika Rudra Journalism is community
Tracie Powell Building reader relationships
Jim Friedlich A banner year for venture philanthropy
Mira Lowe News literacy, bias, and “Hamilton”
Lee Glendinning A call for great editing
Margarita Noriega From pinning tweets to tweeting pins
Asma Khalid The year of the newsy podcast
Sarah Wolozin Virtual reality on the open web
Christopher Meighan Unlocking a deeper mobile experience
Liz Danzico The triumph of the small
Tanya Cordrey The resurgence of reach
Matt Karolian AI improves publishing
Michael Oreskes Reversing the erosion of democracy
Erin Pettigrew A year of reflection in tech
Swati Sharma Failing diversity is failing journalism
Andrew Haeg The year of listening
Dan Gillmor Fix the demand side of news too
Mary Walter-Brown Getting comfortable asking for money
Priya Ganapati Mobile websites are ready for reinvention
Adam Thomas The coming collaboration across Europe
Jonathan Hunt Measurement companies get with the times
Carla Zanoni Prioritizing emotional health
Tim Herrera The safe space of service journalism
Mike Ragsdale A smarter information diet
Keren Goldshlager Defining a focus, and then saying no
Juan Luis Sánchez Your predictions are our present
David Weigel A test for online speech
Renée Kaplan Pure reach has reached its limit
Almar Latour Thanks, #fakenews
Dhiya Kuriakose The year of digital detoxing
Ståle Grut The battle for high-quality VR
P. Kim Bui The year journalism teaches again
Ashley C. Woods Local journalism will fight a new fight
Annemarie Dooling UGC as a path out of the bubble
Sarah Marshall Focusing on the why of the click
Ariane Bernard Better data about your users
Bill Keller A healthy skepticism about data
Andrew Losowsky Building our own communities
Helen Havlak Chasing mobile search results
Aja Bogdanoff Comments start pulling their weight
Rasmus Kleis Nielsen News after advertising may look like news before advertising