Newspapers find creative and imaginative pathways to discover new revenue
In May, New York Times executive editor Dean Baquet spoke before the INMA World Congress of News Media audience and shared his dismal prediction concerning the future of journalism-that most local newspapers were going to die in the next five years.
"The greatest crisis in American journalism is the death of local news," he said. "Their economic model is gone."
It's true that the traditional economic model may be gone, but many local and national newspapers are using their ambition and creativity to explore new and exciting business models with hopes that it will create sustainable revenue for many years to come.
E&P spoke with several of these newsrooms to discuss their clever ideas.
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