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Articles tagged Knight Foundation (329)

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About a quarter of Americans have ever paid for news directly. Those who have are more likely to make over $150,000 a year.
Lookout doesn’t want its local news sites to be a supplement or alternative to the local daily. They aim to be the news source of record in their communities, outgunning their shrunken newsprint rivals from Day 1.
The hedge fund Chatham Asset Management reeled in its prize, as expected. But now what does it want to do with it?
But Alden Global Capital would be happy to lend a hand. Plus: When a standstill isn’t really a standstill.
“Trust is the No. 1 value that these news organizations have.”
“This gap suggests a market failure — many recognize the benefit of the product to the public but are unwilling to pay for it.”
“A small reservoir of goodwill exists toward local news organizations because they are local, but this could quickly dry up if Americans perceive more political bias in coverage.”