Written by Ryan Thornburg November 3, 2010 8:50 am EDT
Aggregation continued to be one of the online news community’s big buzzwords at the 2010 Online News Association conference last week. The idea behind aggregation is that individual news organizations can achieve comparative advantages and that the entire information economy can function more efficiently if the news organization links to reliable information from bloggers, sources and other news organizations rather than replicating the information with its own take.
But aggregation isn’t free. You can either automate it, which might cost a newsroom $25,000 to $100,000 in up-front costs, plus constant tweaking of the algorithms and processes that gather, organize and automatically publish news stories from external sources. Or, you can put humans and their infinitely superior cognitive flexibility on the task.
But what does that cost? Based on some estimates I’ve put together based on conversations at ONA:
* It takes an average of 8 minutes for a news producer to read a blog post or news story, write a summary and categorize it by location and subject.
* Based on a VERY limited sample that desperately needs further research, you can estimate pulling in one blog post per week for every 4,500 people in your market. (Please send me any data you have that would help me solidify this number.)
In my home market of Raleigh-Durham, which has about 1.5 million people, aggregating local content might take about one full-time position and cost a news organization maybe $35,000 a year plus benefits.
How does that match your experience with aggregation? What am I missing?
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