Mobile devices will usher in a renaissance in local news. With Google, Facebook, Yelp and others building services to help us buy more local goods and services, there will be natural pressure for other kinds of location-based information and news as we layer millions of small posts, tags and comments onto our physical surroundings.
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The new economics of local news distribution rests on linking and networking behavior, and that requires a whole new type of relationship with readers - one that treats them less like passive consumers and more like proactive partners in disseminating news.
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The old business model for local news is deep in debt and essentially running on fumes. The notion of a truly mission-driven news entity is quite compelling. We see examples of it running quite effectively in the nonprofit world in entities such as YES! Magazine, Grist, and High Country News. While these organizations have editorial voices and geographic territories that make them operationally quite different from a local newspaper, they do paint a picture of what could be possible on a municipal level.
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