News broke this week that the Times Publishing Company is putting my former employer, Congressional Quarterly, up for sale. This immediately prompted a small Twitter storm from current and former CQ staff about the need to protect and preserve … faithfully … the company’s mission.
It also prompted a small Twitter storm among online news gadflies about the future of the non-profit business model for news.
For me, the news was a reminder that the genius of CQ is that it has been able to turn a low-value commodity and resell it as a high-value service. To grow the business, its next owner will need to understand that and look for ways to evolve CQ from a service to an experience.