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What a promising young woman, I'm sure her parents are very proud! Sadly, it's not very hard to beat the local paper anymore. Now that we consume most of our ne
by benclarke 11y ago
What a promising young woman, I'm sure her parents are very proud! Sadly, it's not very hard to beat the local paper anymore. Now that we consume most of our news online for free, media companies rely entirely on ad revenue and simply can't afford to provide good local coverage. Ad-supported professional journalism just does not work for local stories that can't attract a huge audience.
Some of you have suggested Government funded news - while I agree that quality local news is a critical public good, I believe that Government intervention in the industry is dangerous. I'm confident that the free market will eventually solve this problem with a creative new business model.