Posts Tagged ‘Mediaite’

Abrams Media Network founder Dan Abrams told The New York Times‘ Media Decoder his company will debut three more Web sites in early 2011: Mogulite, focused on famous business personalities; Mary Sue, a female-targeted technology-news blog; and an unnamed job-postings board.

The new sites will join Mediaite, Geekosystem, Styleite, and SportsGrid.

On the subject of the low starting salaries at his company’s Web sites, Abrams told Media Decoder, “I’ve been extremely economical, considering that it’s mostly my own money. It’s the fact that we’ve kept our costs so low that has allowed us to try new things. I have been paying out a lot more bonuses than I, or many of them, expected.”

On future expansion, Abrams told Media Decoder, “We will almost certainly launch three additional ones in the next year,” mentioning another women’s-targeted site and a food destination.

Mediaite senior editor and former TVNewser editor Steve Krakauer is becoming part of the media rather than covering it, joining CNN’s Piers Morgan Tonight, which will debut in January, as digital producer.

Krakauer was part of the team that launched Mediate in July 2009. Prior to that, he served as editor of sister blog TVNewser and participated in the NBC page program.

Piers Morgan Tonight executive producer Jonathan Wald said:

Steve has been a leading voice in the digital world, reporting on cable news, politics, and pop culture. He’ll be a great addition to the CNN team and will be instrumental in driving Piers Morgan Tonight beyond its one hour of television and into a more active online experience.

An Advertising Week 2010 panel Wednesday afternoon in New York provided a news nugget from Abrams Media and Mediaite founder Dan Abrams and an excellent rant from NPR On the Media host Bob Garfield, Silicon Alley Insider reported.

The news from Abrams: his company intends to launch three more sites in 2011, and he said at the panel, as reported by Silicon Alley Insider:

My business will be profitable in January or February. To suggest that digital media as a whole isn’t going to be profitable is ridiculous. If you’re doing good content and you’ve got devoted communities of people coming to your site, you’re not only going to be successful, but profitable. I’m not doing this because it’s a vanity project, I’m doing it because we’re making a profit.

We love the idea of having someone distribute our content, which is exactly what Yahoo! does. In the old media model, there would be 20 people covering the same flood. I don’t think that’s necessary for the success of journalism moving forward.

And Garfield’s rant, via Silicon Alley Insider:

If three-paragraph distillations of other people’s writing is your idea of content, God bless you. Then everyone’s gonna do well, and eight professionals will be doing real journalism while there’s still a little cash in the pipeline. That’s not quality content. Quality content is content that matters, not what most entertains; not the juiciest tidbit about Justin Bieber. We’re all fucked.