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