The Dwindling Hopes For Journalism's Revival:
"Pittsburgh is about to become the biggest U.S. city without a daily print newspaper,
which means it’s a good time to ask ourselves: How are we gonna turn this thing
around? It’s a pretty short discussion, actually.
Print media is dying a not-so-slow death, along with the newspaper industry, and strong
local news coverage in general is becoming a thing of the past. The formula what worked
for many years—local monopolies making newspapers fountains of money, which
produced huge news budgets in local markets across America—is over, killed by the
internet, Craigslist, Google, Facebook, and whatever magical technology will come next.
We don’t need newspapers, but we do need news. So what is the model that will pay for
it, going forward? There are a limited number of possibilities:"
See:
https://splinternews.com/the-dwindli...val-1828653878