After being chosen to serve as managing editor of Reese Felts Digital News Project next year, junior Alex Barinka is ready to get down to business.
Barinka said she plans to implement different revenue models for the organization, which is looking to decrease reliance on its $4.1 million startup grant.
“One of the things I like about Alex is that she brings the business side to the position,” said John Clark, executive producer of Reese News.
Reese News is a digital news publication in the UNC School of Journalism and Mass Communication that alumnus Reese Felts established with a posthumous donation.
The news publication employs about 20 paid staff in addition to unpaid freelance writers, Barinka said.
The grant money should last the organization, which has existed for less than two years, at least four more, Clark said.
But the leadership is looking to find sources of revenue for the future.
Clark said news organizations have traditionally gained revenue by selling ads. But this strategy might not be the best option for a multimedia organization such as Reese News, he said.
“I don’t really think that’s sustainable for much of anybody.”