Monday, March 19, 2007

Philanthropy for Newspapers?

I haven’t been able to articulate why I’m not comfortable with the idea of real newspapers giving over to online news, but Fast Company makes the point that a very real problem in front of us is the online companies inability to fund serious investigative journalism – so we should beware the demise of “old media” before “new media” is ready & able to take over!

Fast Company proposes a solution: treat newspapers the way we treat other organizations that serve a public good: form a foundation to solicit donations to support it. Like the Met Opera in NY, the NYTimes could be supported the same way.

Interesting idea!

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