Here’s just a tiny snippet of what Rhonda Roland Shearer and Danielle Elliot have to say in this article:
While not all citizen journalists are celebrities, many are producing reports, videos and photographs that are viewed around the world. For profit-seeking media companies, it's literally the gift that keeps on giving. As the number of hits any individual content generates increases, so does the ad revenue and the overall asset value of the media web site. The amount of visitor traffic the content generates is a direct measure of the site's asset worth to investors. Web sites themselves are appraised as part of due diligence for investors that accesses the aggregate asset value of all the articles and videos. Hence, the site value is directly dependent on the donated content value when that is the business model employed.The article was posted back in January. It’s quite long, with lots of contrary comments at the end. But if you are preparing your taxes and have contributed to for-profit papers or media without being paid, you’ll want to look into this. And read the comments as well, since most of them argue with some of the points made in the article. On the other side, the article quotes a lot of professionals.
And if you’d like to learn more about Sylvia’s Bylines Writer’s Desk Calendar, a planning tool for writers, visit that site. I’m hoping to talk about it here soon.