Comment by spmartin823
2 days ago
The death of local journalism is fundamentally a revenue problem. My cofounder and I have been working for the last year to find new revenue streams for newspapers at https://seward.presspass.ai/.
Our current hypothesis is that local rewards programs could be a sustainable revenue stream and give the newspaper a way to prove their advertising works with locals.
While trying this out, we've also helped a few papers get up and running - we're calling it "newspaper in a box". Check out a few of the papers we've helped launch: https://sewardfolly.com/ (9 months old) https://homerindependentpress.com/ (2 weeks old).
Are you based in Alaska? I’d love to hear more if so; I have contact info on my website. (I grew up there).
There are crowd and community funded models doing hyperlocal journalism sustainably.
Can you give some examples?
Here's a couple concrete examples I found. It seems like most have to rely on multiple revenue streams for it to work -- something like 1/3 reader revenue (membership), 1/3 grants/philanthropy, 1/3 earned income (events, merchandise, etc).
https://en.wikipedia.org/wiki/The_Bristol_Cable
https://en.wikipedia.org/wiki/The_Ferret_(website)
https://en.wikipedia.org/wiki/City_Bureau
https://en.wikipedia.org/wiki/De_Correspondent
Small team does local journalism, motivated locals donate to keep it running. It's that simple. Some people are happy to donate $20 a month to their favorite Twitch streamer or open source project, and other people are happy to do the same for their local newspaper.
The failed model is trying to run it like a journalism factory: producing articles at some marginal cost and selling them at a fixed price that exceeds marginal cost.
Just look at NPR and member stations. The federal government ended their funding, but they kept right on going because of donations.
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I thought about the best way to share it and realized it might vary in different countries and regions.
As a general introduction to hyperlocal journalism: https://www.google.com/search?q=hyperlocal+journalism
From here you can see there's various references and entry points to hyperlocal journalism in the US, Canada, etc, all working to fill the void of local newspapers departing, or local newspapers increasingly only providing national or state level news.
Instead of ads alone, its a sponsorship model, one from the readers side (optional), and one from the local organizations who are outright sponsoring the local news to be created, maybe in different categories, etc.
I really don't understand this pathetic grovel and prostrate at the feet of the rich, thing.
Why are the masses, the majority, obliged to kiss ass and suck up to what, a half million politicians, a million cops, and 1%ers?
Why do you see others as court jesters that must dance for modern equivalent of barons and baronesses?
What an antiquated and childish cult behavior.