Colin Raney turned me on to this project (podcast? article? info graphic? series? part of what’s great is that there isn’t really a good term for this) by the team of five running the Planet Money podcast for NPR. To explain toxic assets, they bought one, and are now tracking its demise:
Here I’m showing the info graphic, which is just one component of telling the broader story. The series does a great job of balancing 1) investigative journalism (an engaging story), 2) participation by a small team (the four reporters plus their producer each pooled $200 apiece), 3) timely and relevant, 4) really understanding an issue (toxic assets are in the news but we still don’t quite get it), 5) distribution (blog with updates, regular podcast), and 6) telling a story with information graphics (being able to track what’s happening with the asset).
I could keep adding to that numbered list, but my hastily and poorly worded point is that the idea is just right.
Perhaps if the papers weren’t so busy wringing their hands about the loss of classified ads, maybe this would have been the norm five years ago when it should have been. But it’s a great demonstration of where we need to be with online news, particularly as it’s consumed with all these $500 devices we keep purchasing, that deliver the news in a tiny, scrolly text format that echoes the print version. A print format that’s 100s of years old.
Anyhow, this is great. Cheers to the Planet Money folks.
(Another interesting perspective here, from TechDirt, which was the original link I read.)