Thursday, July 9, 2009

Even citizen journalism needs more money

In another setback for citizen journalism, Korea's Ohmynews is facing money troubles. The problem for the organization, which is built around non-staffers writing stories that then are edited by professionals, is the worldwide advertising slump, which has cut sharply into revenues. It once again raises the question of whether media money problems are because of lack of interest in news or due to advertising cuts. Or maybe a little of both.

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