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Washington Post

Ex-WaPo Team Relaunches Trove News App

trove appTrove, the social news reader first created by WaPo Labs, has a brand-new look for the new year.

Amazon’s Jeff Bezos bought the newspaper, but the decades-long Washington Post reigning family, the Grahams, kept other assets of the business, including Trove. Now Graham Holdings is giving Trove a new shot at success.

The iOS and web app filters news “from thousands of sources,” while users select which “Troves,” or subjects, to follow for news. You can choose from standard fare, such as politics and tech, special celebrity-curated topics, or create your own curated Trove. Users can pick posts to recommend for others, add a comment, or share directly to their Facebook or Twitter stream. The refreshed app launches with a dozen featured curators. Read more

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Social Media Newsfeed: Social Media Reaction to Washington Post Sale | Facebook Chief Marketing Officer

JeffBezos

Amazon Founder Jeff Bezos Buys Washington Post for $250M (SocialTimes)
Blockbuster news broke late Monday afternoon that the Washington Post newspaper has been purchased by Amazon owner and founder Jeff Bezos. The Washington Post’s online properties, such as Slate and TheRoot.com, are not part of the deal. The purchase also doesn’t include the land, meaning it’s a pure content buy by Bezos.

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Newspapers Bet You'll Pay for Ad-Free Content

Ongo, a new subscription based news service backed by the Washington Post, Gannett, and the New York Times, is betting that users will pay $6.99 a month for ad free online news.

Founder Alex Kazim, an eBay alum, received $12 million in funding from the three publishing giants back in September.

Ongo, which promises a “fundamentally new way” of reading news, aggregates news from multiple sources, and includes full content from the Washington Post, and Gannett’s USA Today, as well as selected content from the New York Times and the Financial Times.

News aggregation online has been around for a while, but Ongo also maintains an editorial staff to cherrypick and promote important or interesting stories.

“Our smart tools ensure that readers get the news they need while our editorial team spotlights the interesting, informative and entertaining stories that shouldn’t be missed,” said Kazim in a statement.

News from other papers such as the Charlotte Observer, Detroit Free Press, and Kansas City Star must be added a la carte style, starting at 99 cents.

With newspaper subscription revenue on the decline, and a slew of news content available for free online, publishers have been scrambling to come up with a new way to make money. The Financial Times currently restricts online news stories behind a pay wall, and the New York Times is expected to follow suit.

Whether users will subscribe to what amounts to a paid version of Google News remains to be seen, but Ongo is hoping that built-in article sharing incentives, free “day passes,” and free one month trial subscriptions will bring them in the door.