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Friday, October 1, 2010
Craig Newmark: NPR Will Be Dominant News Force
NPR will be one of the dominant forces in media in ten years because their membership-based funding model is finely tuned to the habits of millennial news consumers. That's the prophecy of Craig Newmark, founder of Craigslist and a new media philosopher.
"Only very recently have I been thinking about the successful news organizations, he said, responding to a question from James Fallows at the Washington Ideas Forum. "I have a feeling that membership models and philanthrophy models will be stronger than advertising-supported models, people will be willing to pay for news they can trust."
And trust, he said, "is the new black."
Read more here.
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