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> Third, you only need so many national or international level news organizations. Local news brings a of opportunity. Investment there may be worth while (I'd
by coldpie 4y ago
> Third, you only need so many national or international level news organizations. Local news brings a of opportunity. Investment there may be worth while (I'd like to think so).
Yeah, I agree. Lots of local papers have been bought up and hollowed out by national organizations. I think there's a lot of opportunity there. Smaller & more focused is the key. One reason I don't pay for the big news outlets, and even the local big-name newspapers, is because they are owned by and employ some really disgusting people, who I don't want to financially support. The bigger you are, the more likely that is to happen. More choice of many smaller outlets means you can be choosier.
As a single example, here in the Twin Cities a handful of journalists are trying out the model at Racket[1]. They're mostly reader-funded, and because they're not doing big national stories, they don't need a shitload of subscribers or scummy ad money to keep the lights on. There's some hope to be found here.
[1] A look at their first year of finances: https://racketmn.com/rackets-year-in-review-august-2021-july-2022 https://racketmn.com/rackets-year-in-review-august-2021-july...