Despite being a journalism school dropout, I've always loved the news. Every morning for the past decade, I've read all the big papers (NYT, WSJ, FT) and been blown away by their investigative reporting. Then I'd pickup our local newspaper, The Times Colonist, and feel sad...
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It was a mess of huge cheesy ads interspersed with AP wire stories. Like most other local papers, the TC has had to significantly size down their news room and can no longer afford to do investigative reporting, which takes significant time and money.
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Their business model is broken. This means there's nobody turn over rocks and shine light on important issues in Victoria.
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Sure, there's still lots of commodity news publications ("X Thing Happened"), but very little proprietary news ("X Thing Happened, Here's Why and What To Do About it").
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No context or depth. A race to hit the tweet button then jump to the next story and hit daily quotas and traffic numbers to sell more banner ads. Nobody is taking the time to do the work. Real investigations take months. Sometimes years.
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I've always run internet businesses in Victoria, and as a result, not really played a role in my home town aside from employing people. My companies—a bunch of us typing in an office—gave local people great jobs, but we were totally disengaged with civic issues.
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I decided it was time I give back to Victoria and do something philanthropic, and I kept coming back to the news as an interesting way to drive positive change.
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Sure, I could donate $1 to a food bank and do $1 of good. Or, I could invest $1 into investigative news and spur significant positive change from government, cops, and engaged citizens. Something generative vs. one-time.
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So, earlier this year, with zero business plan, I started hiring investigative journalists and we got to work. I'm excited to announce that we just went live with The Capital (http://capnews.ca ), a news organization focused on in-depth investigative news in Victoria.
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Our goal is to become what the hometown paper used to be—the publication of record. Trusted, independent, and non-partisan reporting on business, politics, and crime. So proud of what the team has accomplished so far and can't wait to see where it goes
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Others have probably shared it already, but look at https://thecorrespondent.com/ for a subscription based example
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