A couple of weeks ago, the Minneapolis Star Tribune, already one of the healthiest metro newspapers in the country, announced a thorough “reboot,” including a re-branding as the Minnesota Star Tribune. Late last month, I spoke with Steve Grove, the paper’s CEO and publisher since April of last year, about the thinking behind the moves.
Grove is a former state commissioner of Employment and Economic Development (under Gov. Tim Walz), and previously spent almost 12 years at YouTube and Google working on news products. The conversation has been edited for length and clarity.
You could have seen lifting up such topics as education. Certainly science and health; we’re a med tech capital. But I’ll tell you this: If in a year we realize that we made the wrong choices, we’ll just change. We’d have to.
Personal finance is another one. We had a business section that spent a lot of time doing the kinds of things that WalletHub would do. And that’s not criticism against our business section, which has done some tremendous work, but there’s a gap in covering, say, the innovation economy in Minnesota, which is quite interesting and unique and differentiating.
Our theory of the case was, if you’re going to try to stick your head up and get some attention, if you’re going to try to make noise in a market that is very crowded, then the more you can pack into one punch, the more people are going to feel the impact of what you’re trying to do.
We also want to be very careful not to convey that this is a marketing exercise. It certainly is to some degree. I’m not going to shy away from that. But it’s not just like, hey, we put a fancier logo at the top of our website. We actually put some substance behind this idea that we can be the Minnesota Star Tribune.
That’s the product shift. On the business side, first, a new approach to subscriptions in general. We hadn’t really made a meaningful digital sprint in a while. The offer of $1 for six months is a pretty big deal. We’re not the first, but that’s a pretty big sampling market to go after.
And a shift to having three offers, where we usually just had for one, has helped us, we think, restate our value proposition from a pricing standpoint. The third of those is almost a donation, called Strib Supporter. We didn’t know how many people would take us up on it, but a significant number have, because they just want to help us out.We also want to generate new sources of revenue. We’ve now launched a philanthropic effort, which, again, we’re not the first to do, but we’ve got some early momentum there. We launched sports betting and that didn’t actually go so well, because sports betting didn’t end up getting through the legislature like we thought it would. We’re looking into affiliated marketing. We’re looking into sponsored content. We’ve reshaped our events work.
One of the big things we’ve tried to convey at the Star Tribune is you want to be out in the community more. We’ve already done two statewide tours since I started to just go out and talk to folks. None of this is revolutionary. But it conveys a different kind of relationship to your audience.
I feel like in news, for the past 10 or 15 years, we’ve ceded a lot of the audience connection to the social platforms. I think you’ve seen that reflected in the declining trust in media more broadly. So by adopting the nickname and actually using it in certain cases, like Strib Voices or the Strib Store, I think it just shows, hey, we get it. We even have a mascot now. We call him Stribby; he’s this little gray duck. We’re trying to be [occasionally] lighthearted. I think news can be awfully serious, and sometimes the news is serious and it needs to be, but sometimes we can lift up some joy and have some fun with it too.
Number two, we would like to see at least 25% of our P&L look different in a couple of years than it does now. That just means entirely new sources of revenue. That’s a tall order, but I don’t think any media company right now can just be banking on subscriptions to save the day.
Then, are people talking about us? Are we relevant? We’re trying to move from a place of being the paper of record to the paper of relevancy. Where can we tell stories that aren’t being told? Where can we drive conversations?
We have a VP of brand and comms for the first time [Chris Iles] who’s heavily focused on proactively pushing our work out there, getting our columnists and journalists more attention and awareness, and being willing to tell our story. I think in news organizations, you can’t afford not to talk about what you’re doing with your audience more, or they’re gonna be like, “Isn’t that wonderful, but I’m not gonna pay for it.”
There’s a functional factor at play, because of the fact that if we’re going to be the Minnesota Star Tribune, then how many races do you endorse in? Do you endorse the City Council of Mankato or Duluth? It starts to get bigger and more challenging. So the team put together a plan to look at various issue areas, rather than just a binary choice for elections. We’re still going to have our opinion journalism about the elections, but we’re going to give this a shot. If at the end of this election cycle, we’re like, gosh, that didn’t work, we can always go back to it.
I know endorsements are more valuable the further down the ballot you go. I, myself as a voter, don’t always know who I should vote for, for park board or dog catcher or whatever. I don’t mean to dismiss that, which is why you could go either way. But I think it’s time to try new things.
He has leaned forward at this moment when it’s needed. It’s been profitable for a long time, but the profit margins get smaller as print goes down, and so we just knew that managing decline was not the way.
Richard Tofel was founding general manager (and first employee) of ProPublica, and was its president from 2013 until January 2022. This post originally appeared on Second Rough Draft, his newsletter about journalism — subscribe here.