Non-Profit News Ventures Go Big Time

[rucky]

http://newsosaur.blogspot.com/2009/09/non-profit-news-ventures-go-big-time.html

MONDAY, SEPTEMBER 28, 2009

Non-profit news ventures go big time
First of two parts

The founder of the Chi-Town Daily News, a pioneering grassroots journalism project, happened to phone last week shortly before word got out that a wealthy businessman had donated $5 million to launch a major non-profit news venture in San Francisco.

“I can’t believe it,” said Geoff Dougherty, whose non-profit news venture ran out of money at summer’s end, forcing him to lay off himself and his four-person staff and put the site into a state of suspended animation in the hopes of finding someone, anyone to take it over. “I can’t find a few hundred thousand dollars anywhere in Chicago to keep the doors open.”

Dougherty would have been even more discouraged if he had known Warren Hellman was about to announce a $5 million donation to provide the seed financing for a new non-profit organization to help fill the void created by the incredibly shrinking news coverage at the financially strapped dailies in Northern California.

Though Dougherty may have been on the right side of history, his timing unfortunately was off.

Like a number of others across the country, he began trying to develop a new model to support public-interest journalism before the kinds of folks who could have written million-dollar checks came to recognize the crisis in coverage caused in the last few years by the retrenchment of the traditional local press.

But recent developments suggest that movers and shakers across the country get it now. And they are getting busy. So get ready:

-MORE-
http://newsosaur.blogspot.com/2009/09/non-profit-news-ventures-go-big-time.html

[azul]

1. good news. Challenge the business-opinion faux news.

Go truth , justice and the American way.

This country has been on the skids since Clark Kent took the fall that broke his back that eventually killed the heck out of him.