Twitter works so well because the idea behind it is so simple. It asks the user to answer one question: What are you doing. Besides keeping tabs on friends, family, and coworkers Twitter can be used by anyone to report the news.
Far from the worst-case scenario envisioned by Andrew Keen in his book, the Cult of the Amateur, professional news organizations have been scooped by Twitter users who were on the scene first or at the right place at the right time.
It was flexible enough for thousands of users to team up with NPR, CBS, and American University and successfully report on the Inauguration of Barack Obama. This effort also spawned an interactive map and an iPhone application.
Going back to simple for a moment, a service like Posterous would make posting content online quick and easy for journalists and readers. It has the flexibility of Twitter, but it is not limited to the length of a text message. It has integration with many social media sites, so when you hit publish it broadcasts your content to blogs, social networks, and services across the web. All you have to do is write the post title in the subject line, type your message or attach your images, and hit send from any e-mail service.
News can be published in value-added layers. The first layer would be free and feature a basic level of interactivity.
This would include text, links, photos, basic video and audio, wide area geolocation, and a flash teaser. A higher layer would mean higher quality. Premium content would feature high quality photos, high quality video and audio, GPS quality geolocation, and access to a full flash feature.
Premium news items can be sold a la carte for impulse buys (similar to E-Bay’s Buy It Now feature), but access to premium content would be by subscription or membership. The key will be to convince users that your content is worth it.
An effective pitch would minimize the subscription cost by breaking out the fee as a per diem. For example: a subscription fee of $3.65 would be sold as a great deal for just a penny per day. At the same time, the added value of premium content would be emphasized with teasers and rewards for subscribing.
Integrating the news and interactive features with social media is only the first step.