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Already underway.

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/18/AR2009101801461_pf.html

Finding a new model for news reporting

By Leonard Downie Jr. and Michael Schudson
Monday, October 19, 2009

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— A national Fund for Local News should be created with fees the Federal Communications Commission collects from or could impose on telecom users, broadcast licensees or Internet service providers. Grants should be made competitively by independent state Local News Fund Councils to local news organizations for innovations in local news reporting and ways to support it.

snip

8 posted on 10/25/2009 9:35:43 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

http://www.adweek.com/aw/content_display/news/digital/e3i5d92320f49c835bc74bc7f8e5449e974
E-readers: Will They Save the Publishing Industry?
By early next year, we may be looking at a dozen entries in a category that was once a geeky cul de sac

http://www.johntemple.net/
Did the Internet kill the Rocky Mountain News? And, if it did, what can we learn from its death?

15 posted on 10/25/2009 9:54:32 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

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