Good Journalism is Expensive -- So Why is a New Energy Market Website Providing Content to Media Partners for Free?

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As the newspaper business continues to suffer in the new media environment a new website is cherry picking the best Journalists to provide free financial content to selected media partners. Oilprice.com is currently working with a group of top financial sites and are looking for additional media partners to provide their analysis and editorial content to.

desperately tries to build new business models for the new media environment.

OilPrice.com has confirmed new discussions with a limited number of online media partners about syndicating its exclusive oil and energy market financial editorial content for Free.

This is following the recent statement from Rupert Murdoch, that supplying people with Free News is no longer working for News Corp as Good Journalism costs.

So how can this small website provide not only it’s readers, but also media partners with world class journalism?

For OilPrice.com, James Stafford said,

"Well it’s mainly to do with the fact that the newspaper business is on it’s knees due to falling advertising revenues and increased competition from online media. Journalists with 20 to 30 plus years of experience are being laid off as “old Media” desperately tries to build new business models for the new media environment."

This has enabled the fast moving Oilprice.com to cherry pick some of the world's finest Journalists in the areas of energy/intelligence/geopolitics & finance. They currently have 12 journalists on the roster including Dr. John C K Daly, Philip H. de Leon & Gareth Jenkins.

And OilPrice.com has now begun preliminary negotiations with a number of online media organisations including iStockanalyst.com, Zerohedge.com, ArabNews.com, PakistanEconomist.com, Minyanville.com, Stocktwits.com, Stockhouse.com, about exclusive permission to reproduce the latest analysis and editorial insight.

James adds, "This is potentially the biggest free giveaway of financial editorial content the internet has seen. We're talking about the kind of information top financial organisations are paying hundreds of thousands of dollars in subscriptions for.

"We are now inviting approaches from a limited number of new media partners to feature our exclusive oil and energy editorial content at no charge. Some organisations we've already spoken to currently spend thousands of dollars in writing fees per month for the information they publish. We are offering them an irresistible free service from world class analysts and Journalists.

"Naturally enough, we expect demand to be incredibly high and regret that only a limited number of financial websites will be chosen. It has to be limited at this stage to retain the integrity and value of the editorial content we are offering."

OilPrice.Com provides premium articles and content by experienced analysts and professionals within the commodities arena. The free editorial format appeals to professional and private investors, as well as novices and energy industry professionals. Oilprice.com also features a vast array of free-to-view energy and financial market data in dynamic online charts.

James adds, "Our aim is simple: to become the biggest source of free-to-view oil and energy market information on the internet. The new media partnerships will be mutually beneficial and play a crucial role in our growth strategy. Which is why it is so crucial we work with precisely the right organisations."

Online finance and/or energy media organisations wanting to find out more can visit http://www.oilprice.com or e-mail:admin (at) oilprice (dot) com

ENDS
December 2009
OP0001 OilPrice.com data roll out

Notes for Editors

For more information please contact Richard Glynn by emailing richard@thebuzzfactory.co.uk or call 0161 408 2648 or 07881 953406.

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Richard Glynn
OilPrice.com
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