The Newsonomics of the For-Profit Move in Local Online News

By: Ken Doctor | Nieman Journalism Lab

Josh Fenton is an ad guy running a local news startup.

Therein lies our tale. GoLocal24 is a different kind of online startup. It’s for-profit, unlike so many of the city startups we’ve seen. It’s fueled solely by advertising revenue, while many other startups get no more than 20 percent of their income from ads and sponsorships.

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