C’mon Steve, your being coy. Please read Steve’s post for background on this debate. I’ve written extensively about this around the web and am tired of it. It’s not that I don’t think integrating online with the rest of the company COULD work, just that I think it WON’T at most companies. Also, I’m not talking about the NYT, but medium and small markets.
First off, I’d love my company to spin off Google. Anyone that wouldn’t is insane.
Regarding, “Nobody at the Bugville Daily Bugle was happy about that.” That’s because they failed. If they had succeeded, the new companies would have been thrilled and the the print folks angry. Just because they failed doesn’t mean it’s not the right path. Who was running them? What was their strategy? Why did it fail?
But this is all bull analysis. In the end, you only need to convince me of one thing and I’ll agree that news organizations shouldn’t spin off their online operations.
“Can existing staffs grok what needs to be done and execute it, or are companies willing to replace them with staffs that can?”
I don’t think the answer is yes in most cases. I’ll trust Steve is experiencing a different finding, but I worked for both corporate giants and locally owned independents for over ten years and have met only two or three people that really understood what was happening out of thousands. Maybe I’m setting too high standards.
For most it’s about not understanding the sociological and economic changes, not anything to do with technology. Just about how technology has changed the fact that the distribution channel is now wide open and where news companies fit into that value chain. It should have a profound effect on their strategy.
Google the publishers at a few hundred newspapers and see what percentage are actively involved on Twitter or Facebook, or regularly publish to a blog.
I think you’ll find the number very low and it all trickles down, no? If you don’t deeply understand Twitter, for example, how can you make a business decision about it. It leads to Board Room suggestions like, “Let’s add ads to our tweets!”
Yeah, we’re really headed places with that out of the box thinking.

