Title : Smart money is betting on local, trustworthy news
link : Smart money is betting on local, trustworthy news
Smart money is betting on local, trustworthy news
This blog post started out as an explanation to my friends and family in Cleveland and Columbus, Ohio, why their newspapers had become shadows of their former selves. Why their newspapers were so thin. Why news coverage was so shallow. Why they felt like they weren't getting their money's worth.![]() |
From trust to distrust in one decade. Pew. |
“We’re not funding one-offs. We’re helping to rebuild a local news ecosystem, reliable and sustainable, and we’re doing it in a way that anyone who cares can participate,” said Alberto Ibargüen, Knight Foundation president.
Gradually, civic minded individuals and organizations have realized that the loss of local news coverage threatens democracy and citizen participation. Citizens don't know what's going on, which leaves elected officials unaccountable for how they provide services and spend the public's money. “Reliable news and information are essential for people to make democracy work,” said Jennifer Preston, Knight Foundation vice president for journalism.
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