Several people altered me to the story about news funding in the Sunday Star by former Star publisher John Honderich, discussing the very topics we discuss here at Working Title.
He writes that five years ago — the point at which he left the publisher’s post, and when I was midway through my masters in journalism — newspapers were flourishing. Today, with cutbacks and layoffs, bankruptcies and shortened workweeks — some Canadian papers have dropped their Monday editions — it’s time to talk seriously about who is going to fund journalism, he writes. Otherwise, democracy will suffer.
He enumerates a list of options for newspaper funding, some of which we’ve been considering for this project, some of which we haven’t.
- Government-funded or subsidized media, in the way of French president Nicolas Sarkozy’s plans to double the amount government spends on advertising in print and online press.
- Foundation-funded journalism, such as ProPublica (which is, incidentally, also a not-for-profit, and has $10 million in grants), or the Fund for Investigative Journalism.
- Crowd-funding, such as spot.us, which we’ve already written a bit about.
“The state’s first responsibility is to respond to the emergency that comes from the freefall of advertisement forecasted for press companies in 2009,” Sarkozy said.
France to Double Newspaper Ad Spending in 2009 to Help Media, Bloomberg, Jan. 23
Honderich’s point is that as the bottom line catches up to papers, we’ll have to find an alternative, or seriously consider losing projects like the Star’s series on racial profiling, on which the paper spent millions and years.
It’s exciting that this topic is making its way into the public eye. We’ll be contacting Honderich on getting involved in our project.