Why is Local News Innovation Struggling Financially While National Thrives?

Posted Tuesday, February 4, 2014 7:52 am

By: Steve Waldman | Poynter

On the national level, we’ve seen an exciting burst of investment and innovation in digital news.

The New York Times crowed that “Web News Is Thriving,” the evidence being that Ezra Klein, the wonk’s wonk, is starting an explanatory journalism venture at Vox Media. This comes soon after the news that eBay founder Pierre Omidyar is doing a massive $250 million investment in a new journalism project. And the success of BuzzFeed, Upworthy and Huffington Post has showed that content oriented sites can be business successes.

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Why is Local News Innovation Struggling Financially While National Thrives?

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