Surprises

Surprises

by Mike Masnick


Filed Under:
belgium, community, editorial, financial crisis, newspaper

Companies:
de tijd




Belgian Newspaper Lets Readers Into Editorial Meetings On Financial Crisis

from the connecting-with-your-community dept

Earlier this year, I wrote about how too many newspapers thought that adding "community" just meant putting comments on stories. That's not really engaging the community, though. While we've seen a few examples of newspapers doing a better job of really engaging communities, this new story out of Belgium may be one of the best examples so far. A reporter for a newspaper there, De Tijd, had been experimenting with some live blogging solutions, and decided to basically liveblog an editorial meeting where the paper decided how to cover a developing chapter in the financial crisis. While some others in the editorial meeting were nervous about "opening up" their editorial process, it actually was quite useful.

The wider community contributed plenty of useful feedback both on what they hoped the newspaper would cover (which was different than what the editors originally planned to cover), but also in providing more details about what was really important. It gave the journalists there much more insight into the real story, rather than the usual shallow coverage that often comes out of newspaper reporting on a sudden crisis (for example, recognizing that interbank lending -- or the lack thereof -- was a much bigger story than a collapsing stock market). It became truly interactive, with various journalists bouncing ideas off of the community and getting a lot of real time feedback to create a much better product.

Even more interesting was that after the reporter shut down the live chat, many in the group simply organized themselves into an IRC chat room and continued the conversation themselves. It's a fascinating story of how a newspaper embraced an actual community, rather than simply thinking that community was something you add on as a module at the end of the "real journalism."

7 Comments | Leave a Comment..

 

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  1. Re: Belgian Newspaper Lets Readers Into Editorial Meetings On Financial Crisis

    by Payday Loan Advocate - Oct 27th, 2008 @ 1:32am

    The problems facing America’s economy are not exclusive to only the United States. The International Herald Tribune features an article about the credit crunch in Europe. This article centers on a small business owner outside of Paris, Dominique Boudier, who runs a printing company. Small business just like hers depend on credit to be able to keep afloat, especially since she faces a 60 day lag in receiving payment from many of her clients. Currently, her creditors are cutting their offerings in half, largely due to her supplier’s credit insurance companies insisting on a lending freeze. Her bank, along with many others are sending all their liquidity to the European Central Bank, instead of investing into other banks and back into the fragile economy. As banks begin to fail and liquidity dries up, credit begins to disappear. Similar to the Federal Reserve Bank in the US, the European Central Bank issues fiat money. Fiat money is currency that is backed with credit, and as governments can’t guarantee the value of said currency; its value diminishes rapidly, resulting in enormous inflation rates, which we are seeing in the global credit crunch. The consensus of many is that the proper manner in which to curb these symptoms is a stronger banking system. While most people hang in the lurch, payday advance loans will be readily available, as most people will not be able to afford to wait for the banks to sort themselves out.

    Post Courtesy of Personal Money Store
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    (reply to this comment) (link to this comment)

  2. Good Luck With Your New Comments

    by FX - Jan 21st, 2009 @ 4:52pm

    Yes, I love the ability to leave comments on an authors work. Unfortunately, if you don't tell them how great they are in all too many cases they will delete you comment. I mean really, if your going to invite comments you better be able to accept the good with the bad. Good luck with you new venture, I am sure it will take off.

    (reply to this comment) (link to this comment)

  3. by bill - Jan 22nd, 2009 @ 5:40pm

    Its pretty much the same every where we are going through a cridet crunch

    (reply to this comment) (link to this comment)

  4. by bill - Jan 22nd, 2009 @ 5:40pm

    Its pretty much the same every where we are going through a cridet crunch

    (reply to this comment) (link to this comment)

  5. stand still

    by joan - Feb 9th, 2009 @ 1:50am

    It seems a far cry everything has just been brought to a stand still due to credit crunch

    (reply to this comment) (link to this comment)

  6. by Ganesh - Mar 9th, 2009 @ 4:21pm

    Its pretty much the same every , How long it took you to get so much info ?? Well ,I really appreciate your Hard Effort in gathering so info much for us.!! Anyways thanks shiva

    (reply to this comment) (link to this comment)

  7. by payday loans - May 1st, 2009 @ 4:58pm

    once again the europeans are more forward thinking. we really need to have more open communication between not only our government and the people, bu the media and the people as well.

    (reply to this comment) (link to this comment)

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