MinnPost | Street Fight

Street Fight Daily: Facebook Launches Updates for Local Commerce, Pinterest Lends Hand to Brands

Joseph Zappa

Street Fight Daily: Facebook Launches Updates for Local Commerce, Pinterest Lends Hand to Brands

A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Facebook Rolls Out Series of Updates to Get Hold of Local Commerce… Pinterest Enlists Publishers, Creators to Boost Presence of Brands on Its Platform, Ad Revenue… Yelp Rolls Out Nowait Nationally to Deepen Ties with Casual Dining Restaurants…

MinnPost CEO: ‘Go After Every Stream of Revenue That You Can Think Of’

Isa Jones

MinnPost CEO: ‘Go After Every Stream of Revenue That You Can Think Of’

With five years under its belt, Minnesota- and Twin Cities-centric local site MinnPost has a non-profit model that seems to be working well. The site combines advertising, donations and sponsorships to support its journalism, and it ended 2011 with a slight budget surplus for the second year in a row. Veteran newsman Joel Kramer, the site’s CEO, spoke with Street Fight recently about the importance of not relying on just one revenue model, and about how to treat local news sites like the businesses they are — matching ambitions with the available potential revenue in a given market.