The Impact Of Community-Based Entrepreneurs Solving The Local News Crisis
Community-based entrepreneurs are leading the way in solving the local news crisis.
The local news crisis has led to no end of policy proposals, funding initiatives and angry denunciations of the harm done to journalism by the likes of Craigslist, Google and Facebook.
Ideas for responding to the crisis include paying recent journalism school graduates with state tax revenues to cover underserved communities, as in California; mandating that state agencies direct half of their spending on advertising to community media, as has been proposed in Illinois; and creating tax credits that would benefit subscribers, advertisers and publishers, the subject of several federal and state initiatives.
And those are just a few.
Though all of these have some merit, they share a fundamental flaw: They...