Today's New York Times has a terrific article on The Huffington Post called "Building a Brand with a Blog." The piece notes:
"... The site is booming, fueled by rapid-fire news postings and more than 700 bloggers, most of whom you have never heard of.
The
Huffington Post had more than 1.3 million unique visitors last month,
according to Nielsen/NetRatings, and more than 2 million in February.
The site now has deals with Yahoo and AOL, is close to a deal with a video company, and has been approached by Barry Diller to help build a separate satiric news and entertainment site.
After
investing about $2 million, a fraction of the $50 million it would take
to create a magazine, The Huffington Post has become a well-known,
oft-cited news media brand in the blink of an eye."
What is most fascinating about the article is that it misses a key fact... in fact, it neatly dodges it by noting Diller's desire to have Huffington build a "satirical" site. Huffington has accomplished what most newspapers have failed to do: she has created a daily news and opinion source on the Web that outperforms most daily newspapers. She's done it by bringing together as many smart people as she could, then presenting the information in an easy-to-read format. She has the wisdom not to stop at textual entries, but is moving to video. In short, she's moved in time with her audience.
MediaNews, are you paying attention? Here's your Hail Mary template for the San Jose Mercury...