The New York Times has given an update on its hyperlocal experiment and says that while the content is flowing it has "been harder to figure out the business model". In one of its regular Talk to The Times slots Jim Schachter, editor for digital initiatives, spoke about hyperlocals and the...
If I had any money here is what I wouldn't do: put it into a news website, and neither will many people in the US, where former newspaper journalists are struggling to find subscribers for their post print online ventures. My feeling is that you might as well flush it down the toilet with a smile...
