Monday, April 13, 2009
Chicago Fosters New Media Models
You may have received a copy of The Printed Blog at your neighborhood El stop. Another new Chicago news aggregator called Newser, is also trying to engineer a new financial model for delivering the news. According to the Sun-Times, this new company is employing 11 full-time employees (note: the article doesn't say "reporters"). Like a lot of new, news sources, it searches far and wide for content developed by others. One more news "source" that is attempting to make money by purveying a product paid for by others. It can't work in the long run. If the people who create high quality content can't make a living or profit by doing it, they it's just going to go away.
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