i-8bb6b69068a64ad54f40e73dff7fd0a7-craig newmark.jpg

Craig Newmark

Welcome to the 50th episode of the Mediatwits podcast, with Mark Glaser and Rafat Ali as co-hosts. The joy of the Facebook IPO was quickly replaced with disdain as the stock nosedived and lawsuits ensued. We run down the headlines, including the New Orleans Times-Picayune and Oregon Daily Emerald killing daily print editions for thrice- and twice-weekly editions, respectively. Special guests Craig Newmark of Craigslist (with birds chirping in the background) and Kelly McBride of Poynter talk about their upcoming symposium where they will draw up new principles for ethics in journalism for the digital age. Will the so-called “Fifth Estate” take notice?

Plus, we talk to author and speaker Scott Steinberg about his new book, “The Crowdfunding Bible,” all about how artists, singers, videogame makers, writers and startups have funded projects directly from fans online. Steinberg says that crowdfunding isn’t for everyone, but those that succeed usually make headlines because they are the ultimate Cinderella stories.

Check it out!



Subscribe to the podcast here

Subscribe to Mediatwits via iTunes

Follow @TheMediatwits on Twitter here

Our show is now on Stitcher! Listen to us on your iPhone, Android Phone, Kindle Fire and other devices with Stitcher. Find Stitcher in your app store or at stitcher.com.

Intro and outro music by 3 Feet Up; mid-podcast music by Autumn Eyes via Mevio’s Music Alley.


Kelly McBride

Here are some highlighted topics from the show:


1:00: Facebook’s face-plant IPO: what went wrong

2:40: Rafat: Can Facebook still focus?

3:10: Times-Picayune coming out 3 times a week; Daily Emerald going to 2 times a week

5:20: Rundown of stories on podcast

Craig Newmark + Poynter

6:20: Special guests Craig Newmark and Kelly McBride

8:20: Newmark: We need better fact-checking and stronger ethics in journalism

11:30: McBride: The audience can influence your work, sometimes that’s good or bad

14:20: Newmark: TV stations should be honest about who funds political ads

17:30: McBride: The AEJMC certifies J-schools so can help push new ethics principles

19:20: Newmark: I wouldn’t pay for news I can’t trust

i-13dc89c4ba9f38f890a0ddd2c51a7d09-Scott Biz Headshot.jpg

Scott Steinberg

Crowdfunding Bible

20:00: Special guest Scott Steinberg

23:10: Steinberg: Crowdfunding lets people vote with their wallets

25:00: Less commercial projects can get funding

26:30: Steinberg: Crowdfunding not right for raising millions of dollars, usually

29:00: Vast majority of projects fail to reach funding goals

i-ea80658ab9f94c69d85d8826121c064e-crowdfunding bible.jpg

More Reading

The Shocking Story of What Really Happened Inside Facebook’s IPO at Business Insider

Facebook stock: Once hot IPO now a tale of lawsuits, glitches, and overreach at Christian Science Monitor

What New Orleans Can Expect When Its Newspaper Goes Away at Forbes

New Orleans Paper Said to Face Deep Cuts and May Cut Back Publication at NYT Media Decoder

Why We Killed Our College Daily Paper for a More Digital Future at MediaShift

The Poynter Institute and Craig Newmark to Host Journalism Ethics Symposium at Poynter

Poynter Receives $400,000 Ford Grant as ‘Sense-Making’ Project Enters Third Year at Poynter

Forbes.com contributor deletes post about Sheryl Sandberg after people call it sexist at Poynter

Apology to Sheryl Sandberg and Kim Polese at Forbes

The Crowdfunding Bible according to Scott Steinberg at the Toronto Star

How to Raise Venture Capital Through Crowdfunding at PC World

A guidebook to crowd-funding projects at USA Today

The Crowdfunding Bible at TechSavvyGlobal

Weekly Poll

Don’t forget to vote in our weekly poll, this time about your crowdfunding efforts:


Mark Glaser is executive editor of MediaShift and Idea Lab. He also writes the bi-weekly OPA Intelligence Report email newsletter for the Online Publishers Association. He lives in San Francisco with his son Julian. You can follow him on Twitter @mediatwit. and Circle him on Google+