Jeff Jarvis posts about a German journalist-entrepreneur bringing his experience with citizen journalism abroad to Harvard, with some useful links to related stories. Perhaps the most interesting item in the item is a question, not an answer:
I wonder whether we will, indeed, start seeing more venture investment in not just media but specifically in journalistic projects. Some have said that the moguls thinking of spending billions to buy hunks of Tribune Company or the New York Times Company would be better off just starting new ventures that are not dragged down by the tremendous costs of old media’s infrastructure. There is money to be made in news and I do think it will be made a lot faster creating new ventures rather than trying to reform old ones.