Archive for January 30th, 2009
CQ and the Media Economy
News broke this week that the Times Publishing Company is putting my former employer, Congressional Quarterly, up for sale. This immediately prompted a small Twitter storm from current and former CQ staff about the need to protect and preserve … faithfully … the company’s mission.
It also prompted a small Twitter storm among online news gadflies about the future of the non-profit business model for news.
For me, the news was a reminder that the genius of CQ is that it has been able to turn a low-value commodity and resell it as a high-value service. To grow the business, its next owner will need to understand that and look for ways to evolve CQ from a service to an experience.
