Is Crowdfunding the Future of Journalism?

Crowdfunding, or getting many people to donate small amounts of cash to fund a project, startup, or service, is nothing new. Think public radio or television pledge drives. Think political campaigns. Think tip jar. Now, as the media landscape changes and traditional revenue sources are beginning to disappear, some forward-thinking journalists and entrepreneurs are starting to apply the crowdfunding concept to the news. A new crop of sites are combining ... Full Story »

Posted by Derek Hawkins - via Jay Rosen, Publish2 (Business)
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Subjects: Business, Living, Media
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# Diggs: 7 (as of 2009-07-17)
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Posted by: Posted by Derek Hawkins - Jul 16, 2009 - 5:06 PM PDT
Content Type: Article
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Edited by: Derek Hawkins - Jul 18, 2009 - 9:31 AM PDT

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Derek Hawkins
3.8
by Derek Hawkins - Jul. 18, 2009
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Stephen Babcock
3.8
by Stephen Babcock - Jul. 22, 2009

Clever one that Leah Betancourt. Turned her pitch about crowdfunding into the same old story about citizen journalism. The section that actually focuses on crowdfunding at the top is informative, but the idea of a sustainable model isn't even necessary to bring up. After all, where would PBS be without the John D. and Catherine T. MacArthur Foundation.

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