Media Entrepreneurship syllabus, Southern Methodist University

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  • 8/9/2019 Media Entrepreneurship syllabus, Southern Methodist University

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    JOUR 5301 MEDIA ENTREPRENEURSHIPHow To Chart Your Own Path in the News Business

    Spring 2016 syllabus T/TH, 2-3:20 p.m., ULee 278 http://j5301.tumblr.com

    InstructorJake Batsell, M.A., Assistant Professor | Office: Umphrey Lee 282C

    214-768-1915 (office); 214-529-2978 (cell);[email protected]: @jbatsell | Facebook| LinkedIn| InstagramOffice hours: 11 a.m.-1 p.m. T/Th (or by appt., Skype or G+hangout)

    Theres never been a better time, I tell students, to be a journalistic entrepreneur toinvent your own job, to become part of the generation that figures out how to produce

    and, yes, sell the journalism we desperately need as a society and as citizens of ashrinking planet.-- Dan Gillmor, director, Knight Center for Digital Media Entrepreneurship

    You dont have to go work for some company that is trying to get journalism on thecheap by paying you $30,000 a year. Start something on your own. Report and dont justrepeat. And dont be afraid to fail. Failure is good for the soul.

    -- James OShea, former editor of the Los Angeles Timesand Chicago Tribune

    The pace of technological change will not abate. If anything, it will continue to increase.How do we staff news organizations with the appropriate mindset such that constantinnovation is imbued into an organizations DNA and into the role of every participant?

    -- Richard Gingras, head of news products, Google

    In Media Entrepreneurship, well explore how you can combine your creative passion and versatileskills to shape your own media career. A generation ago, young journalists could aspire to master one

    skill or platform and work for the same company for decades. No more. The job youll have in 10years may not even exist today. Youll likely change jobs frequently throughout your career, and youmay even need to create your own job. Heres the good news: the Web eliminates barriers to entry

    and gives you more control over your fate. In this hands-on class, youll learn how to develop a newmedia business plan in a loose, experiential atmosphere, bouncing ideas off your instructors andclassmates. Youll also learn the basics of freelancing and self-employment, and youll be introduced to

    ideas from entrepreneurial journalists and guest speakers. I hope youll take what you learn from this

    class to become your own boss. Maybe now, maybe later when opportunity knocks, youll be ready.

    Learning outcomes are expected in two main areas. You will:

    Understand the entrepreneurial landscape of the changing media industry! Discover the startup culture as a possible career pathway.

    ! Develop entrepreneurial creativity, identification of opportunity, and business know-how.

    ! Analyze the editorial mission and business fundamentals of a media startup.

    ! Recognize that understanding the business model is essential to working for any company.

    ! Realize that you can deploy entrepreneurial ideas to become an intrapraneur within alarger organization, boosting your appeal as an employee.

    ! Come away feeling empowered that you can consider independent career paths, both

    within journalism (employed or freelance) and in the wider communications world.

    ! Understand the professional/financial/legal framework for freelancing & self-employment.

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    Conceive, develop and pitch an entrepreneurial project

    ! Distinguish between an idea (something youd like to do) and an opportunity (something

    the market needs); clearly state a value proposition.

    ! Understand the pros and cons of different types of startup funding.

    ! Develop a business plan bolstered by rigorous market research and competitive analysis.

    ! Construct and deliver an effective pitch, both individually and within a team environment.

    Required materials:

    Entrepreneurial Journalism: How to Build Whats Next for Newsby Mark Briggs (CQ Press/SAGE Publications, 2012)Engaged Journalism: Connecting with Digitally Empowered News Audiences

    by Jake Batsell (Columbia University Press, 2015)Business Model Generationby Alexander Osterwalder and Yves Pigneur (free PDF)

    Startup podcastby Alex Blumberg (free on iTunesor Soundcloud)

    Well also track the latest developments in entrepreneurial news via blogs, video and social media,

    particularly the Twitter hashtags #j5301 and #jpreneur. Our course Tumblr blogathttp://j5301.tumblr.comis the best way to stay updated on weekly readings.

    Grading:Class and online participation 25 percent(Attendance, in-class exercises, guest speakers, reaction assignments and social media)

    Written and oral presentation on a news startup (team) 15 percent

    Individual Concept Pitch 10 percent

    Proof of Concept Pitch 20 percent

    Team Business Plan and Pitch 15 percent

    Final Exam (Tuesday, May 12, 8-11 a.m., ULee 278) 15 percent

    As are rare and are awarded only for truly excellent work. Very good work receives a B; average

    work a C; below average a D. This is in accordance with SMU regulations. I am happy to discuss

    your grade for any project. If you wish to protest a grade, a formal process is available.

    Semester grades: 93.5%-100% A 66.5%-69.4% D+89.5%-93.4% A- 62.5%-66.4% D

    86.5%-89.4% B+ 59.5%-62.4% D-82.5%-86.4% B Less than 59.5% F

    79.5%-82.4% B-76.5%-79.4% C+

    72.5%-76.4% C69.5%-72.4% C-

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    CLASS POLICIES

    Attendance: Treat this class as if it is a job. You are expected to be in every class, show up on timeand turn in work on time. If you must miss class, contact me in advance,just as you would youreditor or boss at work.

    Roll will be taken every day. Any student who misses the first day of class may be dropped. With threeor more unexcused absences, you could be dropped or receive an F. Absences also will factor into

    your class participation grade. An absence will be considered unexcused unless you are able toprovide a doctor's note or some other good reason within 24 hours of an absence. Acceptable reasons

    for missing class include a verifiable illness, family emergency, religious holiday or approved school

    trip. Again, contacting me ahead of time will always help your case. Those with an unexcusedabsence will receive a zero on that days class activity and will not be able to make it up.

    The SMU Health Center's policy regarding absences is found at

    http://www.smu.edu/StudentAffairs/HealthCenter/FrontDesk/ClassExcusePolicy . Please note that there

    is a PDF file in this information that you can download and submit to me for consideration of anexcused absence. This form must be filled out fully for me to consider your illness-related absence as

    excused. If you consult a physician for an illness and receive specific certification for a recovery time,absences will be excused if I am given a form from the physician's office.

    Classroom computers and cell phones: Please follow common courtesy. Yes, this is a technology-driven class. But that doesnt mean its acceptable to play games, shop online or catch up on e-mailduring class. Computers and smartphones should be used only to participate in class activities. Silence

    your phones during class. If a cell phone rings during class, the instructor gets to answer it.

    Academic dishonesty: Plagiarism, fabrication and resubmission or double submission of work

    performed for another class all are considered to be acts of academic dishonesty and a violation of theSMU Honor Code. Any of the above violations will result in an automatic failing grade on the

    assignment and a written referral to the SMU Honor Council and Dean of Student Life.

    Excused absences for extracurricular activities: If you are participating in an officiallysanctioned, scheduled university extracurricular activity, you will be given the opportunity to make upclass assignments. It is your responsibility to make arrangements with your teacher prior to any

    missed assignment. (See University Undergraduate Catalogue.)

    Religious accommodations: If you are a religiously observant student who will be absent on

    holidays, you must notify your teacher in writing at the beginning of the semester. You should also

    discuss in advance acceptable ways of making up any missed work. (See University Policy No. 1.9.)

    Disability Accommodations: Students needing academic accommodations for a disability must firstregister with Disability Accommodations & Success Strategies (DASS). Students can call 214-768-1470or visit http://www.smu.edu/Provost/ALEC/DASS to begin the process. Once registered, students

    should then schedule an appointment with the professor as early in the semester as possible, present

    a DASS Accommodation Letter, and make appropriate arrangements. Please note thataccommodations are not retroactive and require advance notice to implement.

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    KEY DATES MEDIA ENTREPRENEURSHIP, SPRING 2016

    Tuesday, Feb. 2

    Guest speaker: Mike Orren, founder of Pegasus News | president of Speakeasy

    Week of Feb. 8

    90-second pitches delivered in class

    Tuesday, Feb. 16

    Guest speaker: Cole Egger, co-founder of dripthat | former Shark Tank winner

    Thursday, Feb. 18

    Media startup profiles presented in class

    Thursday, Feb. 25

    Individual concept pitches delivered in class

    Tuesday, March 1

    Guest speaker: Kevin Delaney, editor-in-chief and co-founder of Quartz

    Thursday, March 3

    Remaining individual concept pitches delivered in class

    *** Week of March 7-11: No Class Spring Break ***

    Thursday, March 31; Tuesday, April 5; Thursday, April 7

    Proof of concept pitches delivered in class

    Thursday, April 28

    Team pitch competition

    Tuesday, May 10

    Final exam, 8 a.m.