Monday, March 24, 2014

Money is the Bug That Crashes Hyperlocal News Sites

The story behind why boutique and hyperlocal digital journalism efforts fail is simple: The money is never enough, and it runs out.

That's what happened to DeadlineDetroit.com, which announced last week it would lay off its entire staff April 4 as it seeks new investors — a development that comes on the heels of Patch.com in January idling most of its staff around the country.

To read the entire article, click here.

No comments: