Seth Goodin’s Idea for local papers is close but not bang on…

Over at his blog, Seth Goodin speaks about how real estate companies should look into setting up local newspapers – and he gives not bad reasons for it.

It’s a cute idea – and something I’ve been thinking about recently as well – but I think he’s slightly missing the mark on this one. Yes, as newspaper companies try to reduce debt/increase profitability (most UK locals are still profitable, US is a tad different) and hammer staff at locals, someone should be stepping up with the local paper but who should it be?

I think it should be the local councils. And I think it could not only be easily done, but also become a great revenue income generator for them
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