As the surveillance advertising business model for journalism dies (good riddance), media outlets will be forced to return to the old, reliable, privacy-preserving business model—being run by a series of rich patrons who buy them out of personal vanity and run them at a loss
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What we need more than national punditry in this crisis is good local journalism, which has already been dying for years. Does anyone out there have good ideas about how to revitalize it, and put it on a reasonable financial footing?
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Replying to @Pinboard
It has been obvious for years that journalism at all levels should be NFP.
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Replying to @Pinboard
Why, if I may trouble you? I’ve never heard a compelling argument against allowing journalism to be funded on the basis of trust and support rather than on its ability to entertain people with buying power.
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I would point to the kind of corporate-philanthropic capture that you see at NPR. I think journalism is healthier with the profit motive than going hat-in-hand to the foundation/philanthropic complex
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