For each kind of company or organization, there’s a matching kind of journalism that, if it thrives, helps the company prosper. Hollywood is helped enormously by movie reviews and celebrity tabloid crap (which, oh my God, I hesitate to call “journalism,” but whatEVer). Technology companies need tech journalists to air new ideas and share advances.
Journalism has a lot of social functions that we don’t readily recognize. It’s an important way a community — geographic or based on interest — talks to each other and builds bonds. It’s part of a community’s glue, along with things like live gatherings and, these days, social media.
So if you’re guiding a company or brand, and you look up and realize that the journalism your community needs is non-existent, or not as good as it could be, or crumbling, what might you do?
Most brands, of course, do nothing. Smart brands, though, would understand the gap and realize the benefit of helping to close it.
Bike apparel company Rapha recognized that good journalism about hard-core biking would create more interest in the sport, which would in turn create more potential customers for Rapha — and, somewhere downstream, more sales of Rapha products. So Rapha started a hard-core biking magazine, Rouleur.
Not every brand wants to actually own and operate a magazine or other form of journalism. But what about more arms-length relationships? Like maybe help back a journalistic start-up where it makes sense.
A couple of years ago, a friend and colleague in journalism, George Quarashi, saw a need in the U.S. for thoughtful, New Yorker-level journalism about soccer. He and pal Mark Kirby started Howler — a magazine, web site and app — and have slowly crawled toward a launch. They’ve had to rely on a lot of free help from journalist friends (including me) and funding through Kickstarter.
But it would be smart of Major League Soccer to back Howler. As a brand, MLS has a smallish base that it needs to grow. Its community has a fraction of the journalistic glue enjoyed by the NFL, NBA or Major League Baseball. MLS knows all about the Howler venture. Investing in it would be a pretty low-risk, low-maintenance form of branded journalism. Brands should think that way. Too often, they don’t.
A lot of thoughtful, journalistic discourse is disappearing from a lot of communities that are important to brands. Anyone running a brand should consider what that loss means to its audience. Somewhere in there is an opportunity.