Megan Garber of the Nieman Journalism Lab looks at the strategy behind The Wall Street Journal‘s new WSJ Social application available on Facebook.
“There’s a competitive element to the app, as well. WSJ Social ranks each of the app’s user-editors on a leaderboard according to the number of people that have added those editors to their editor lists. The plan is to reward top editors over time — the reward after the first month being, potentially, a WSJ stipple portrait of the winners. ‘We really want to show that it’s not a game,’ Baratz says. ‘We really think that these people are curators,’ doing important distributive work that, at scale, could prove immensely valuable to the WSJ — and prizes are meant to acknowledge that.
“And…what about the Journal’s paywall? While premium content on WSJ.com will remain premium in its Facebook app, the Journal has made a sponsorship arrangement with Dell that will keep app content free for users for the first month of WSJ Social’s existence. (So far, that’s the only deal that’s been brokered — but it’s easy to see, if the app proves popular, other companies taking advantage of the sponsorship opportunity and keeping the app’s content free for all on a month-by-month basis.) And the Journal will keep all the revenue from ads that appear within the app.”
Read more here.
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