Jeff Jarvis of CUNY writes in the Guardian about how hyperlocal bloggers could become a city’s source of news. Jarvis directs the New Business Models for News Project at his university.
Bottom line: after three years, we project that a blogger could hire editorial staff and advertising help – citizen salespeople who help support the citizen journalists – and net $148,000 out of $332,000 revenue. That’s a conservative estimate when you consider that a community weekly paper in such a town probably earns between $2m-$5m.
— Let’s build an ecosystem around hyperlocal bloggers Guardian 14 Sep 2009