YC’s NewsTilt Aims To Help Journalists Create A Business Model For Content
techcrunch.com
techcrunch.com
And of course this is better than the usual blogging platform, because if they can establish themselves as having quality content they can eventually get more money or even provide a subscription model for some of their more popular journalists.
I see one problem however. The major thing that hounds all newspapers is libel suits and the like. It is not clear whether this type of service is responsible for the stuff written by its member journalists. However, all those statements about how they have editors and control their content editorially can certainly be used by some clever lawyer to say that the company is liable for any damages committed by any of its journalists.
Sounds like a winner to me.
Still, there're plenty of interesting things you could do with a network of strong brands beyond Adsense. I'm guessing the 80% Adsense revenue is just to give the journalists something now for building their brands.