Earlier quoted context omitted.
Local news organizations have always been required to maintain two competencies - advertising and journalism. This predates Google News, Google, and indeed the internet. You're completely right about the absolutely critical importance of a free, open, and brave press. Yet it's possible that this particular business problem, the one you have so wisely and correctly pointed to, is not novel. Newspapers historically hav…
> Local news organizations have always been required to maintain two competencies - advertising and journalism. This predates Google News, Google, and indeed the internet. 3. Distribution. News organisations like the music industry before them need to realize that a huge part of what people used to pay them for was the reliable distribution of their product. This and the markup on it was where they made their profits…
A viable, independent media is vital to a well-functioning democracy. I just realized that the implication decision behind of all this talk (about how the new media need to find a viable business model) is that our system of government shouldn't stand unless some of its vital organs are profitable in a dog-eat-dog capitalist system. Capitalism is given a higher priority than democracy.