Fwix offers news readers real time local news feeds and the chance to report
Posted by Emma Heald on September 11, 2009 at 3:39 PM
"I think what we're offering is the ability to fill out the content in local newspapers with content that's written by bloggers in a local area," Shirazi explained. As newspapers suffer from falling advertising revenue, they might no longer be able to cover all verticals; hence Fwix combines local newspapers' news with content such as restaurant or movie reviews from blogs into one city feed. It is a real time feed, as, Shirazi put it, "things that are happening seconds or minutes ago are de facto more interesting than what was happening days ago." There are currently 77 different cities to choose from.
Shirazi originally built a simple version of the service for his personal use, as he wanted to stay in touch with what was going on in his city while he was travelling. "I realised that there was no good place that had all the information, from art exhibits to crime news, to events to new issues in politics," he explained. "I used it myself for a while and I really liked it. Then I thought, other people might like this. So I built it."
Sharing and connecting
If users would like to associate their activity on Fwix with their Facebook or Twitter accounts, they may sign in via these services and then if they choose to share a story, it will appear on their Twitter feed or Facebook profile page. Shirazi has no plans for Fwix to create its own account system: "that's not necessary, and it's a battle we are not willing to wage." Rather, he explained, "we levarage ecosystems that help people share information and then provide the news." A Fwix profile page saves everything a user reads, but they have the option to delete whatever they would like. "Really the profile is just for you to keep track of what you've shared and what you've read."
Reporting
The company plans to allow users to report from other devices in the future, but not from a web browser.
Monetisation
As yet, making a profit is not Fwix's main goal, Shirazi said. For now, it has funding from BlueRun ventures. However, when it does start to monetise, local advertising will be its revenue stream, he specified. Local businesses "are really looking for places to advertise," he stressed, "there will always be ad dollars out there." He sees a gap in the market that Fwix could fill: "the only places for local businesses to advertise right now are those like Yelp.com and there are way more ads than there is space," he explained.
What's in store for the future
The site just came out of beta. Fwix's current goal is simply growth, Shirazi said, meaning getting more people using the service. Currently the site has about 400,000 unique visitors per month and via widgets on other sites, the content network reaches about 8 million. There are about 8000 publications whose content is aggregated. Shirazi would like to expand the service internationally, but said that here is no telling when this will happen.
Fwix clearly provides a useful service for those who are looking to keep abreast of what's going on in their local area, and Facebook and Twitter users are likely to find the ease with which they can share stories appealing. Twitter's new geo-tagging capabilities might provide competition, depending on how developers take advantage of this. Fwix could also help local news outlets by sending traffic to their websites, although of course as with all aggregators, there is always the possibility that people might visit Fwix.com rather than their local newspaper's home page if it provides a more comprehensive service. Local blogs with fewer visitors are likely to appreciate the extra exposure that Fwix offers. What Fwix offers is not groundbreaking, but services such as this are changing the way that people access news as consumers move away from traditional news reading habits.
Related Entries
- Al Jazeera English teams up with YouTube for Iraqi elections coverage
- News Corp exec: other revenue streams can coexist with paywall
- CNN more concerned with competition from Facebook than rival FOX News
- San Francisco Guardian collects $21 million in damages from rival newspaper
- Poland's Edytor: a regional publishing group going "deep in localities"
0 TrackBacks
Listed below are links to blogs that reference this entry: Fwix offers news readers real time local news feeds and the chance to report.
TrackBack URL for this entry: http://www.editorsweblog.org/mt/mt-tb.cgi/19235










Leave a comment