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The News Business: Out of Print: Reporting & Essays: The New Yorker
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It’s an almost comically audacious ambition for an operation with only forty-six full-time employees—many of whom are barely old enough to rent a car. But, with about eleven million dollars at its disposal, the site is poised to break even on advertising revenue of somewhere between six and ten million dollars annually. What most impresses advertisers—and depresses newspaper-company executives—is the site’s growth numbers. In the past thirty days, thanks in large measure to the excitement of the Democratic primaries, the site’s “unique visitors”—that is, individual computers that clicked on one of its pages––jumped to more than eleven million, according to the company. And, according to estimates from Nielsen NetRatings and comScore, the Huffington Post is more popular than all but eight newspaper sites, rising from sixteenth place in December.
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Only if a post is deemed by a reader to be false, defamatory, or offensive does an editor get involved.
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Foundations have role in keeping local journalism vibrant
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-- Provide seed funding for a network of local blogs and other community sites combining a variety of media, adding journalism training for the people involved.
-- Pay the salary of an investigative journalist at a local newspaper. The kind of investigative reporting that plays such an essential role - requiring deep pockets and sometimes even courage - is losing favor in too many newsrooms and executive suites.
-- Help get local and regional governmental data online in ways that anyone, not just database specialists and professional journalists, can easily use for a variety of purposes.
-- Fund local media-literacy education for this media-saturated age. This would lead to far better understanding of how media work both for consumers and producers, and could have the benefit of encouraging people to look for, and then support, quality journalism.
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