Boy, do Trend Hunter’s interns have it easy. The Huffington Post is having people bid on their internships, and so far, they’ve received some massive offers—I’m talking $13,000 massive! The current Huffington Post internship auction winner is Luisacb; the minimum next bid is a whopping $15,500.
For those who don’t know, The Huffington Post is a newspaper-blog hybrid written by a staff of unpaid, highly skilled writers.
Journalism is becoming an incredibly competitive field; not only have journalists struggled to make a good penny for decades, but they are being forced to pay to work. Will the Huffington Post internship auction inspire other such news site, online magazines and blogs to do the same?
So what does the winner get? “A two-three month internship at The Huffington Post in NYC or D.C.,” the site says, adding the “Winner can choose which location they would like.”
So if the person is a horrific writer, but they cough up the $15,500 for the position, will they get the Huffington Post internship position regardless? There are still two weeks until the May 28 bidding deadline, but this will be an interesting one to track.
Huffington Post Internship Auction Reaches $13,000, Continues to Climb
1. Highly Competitive Journalism - The rise of paid internships in journalism creates a highly competitive environment for aspiring writers.
2. Internship Auctions - The success of the Huffington Post internship auction may inspire other news sites, online magazines, and blogs to follow suit.
3. Monetizing Internships - The trend of charging interns for their positions presents a disruptive innovation opportunity for organizations to monetize internships.
1. Journalism - The journalism industry is experiencing a shift towards paid internships, increasing competition among aspiring writers.
2. News Publishing - News sites, online magazines, and blogs can explore internship auctions as a way to monetize their intern positions.
3. Online Media - The rise of internship auctions presents a disruptive innovation opportunity for the online media industry to generate revenue from internships.