Can “Newsbooks” Save Journalism?

By Jason Boog 

institute.jpgNews organizations–including the Washington Post, New York Times, Wall Street Journal, Los Angeles Times, and Associated Press–are teaming up to sell digital “newsbooks” that collect long newspaper series in e-reader formats.

The effort is being coordinated by the Reynolds Journalism Institute, sold through two digital book retailers, eReader Outfitters and MBS Direct. Its an evocative attempt to use digital books to support investigative journalism, at a time when too many critics worry that the Internet will destroy journalism.

Check it out: “More than 30 news organizations are involved in the project as part of the Digital Publishing Alliance at Reynolds. They’re paying from $1000 to $3000 a year for membership, which is the only upfront cost. The price for non-profit organizations is $500 a year…News organizations will take 40 percent of the revenue from sales of their newsbooks, with another 40 percent going to the retailer and 20 percent to Reynolds.” (Via TeleRead)