The LA Times has put a team of three investigative reporters and six editors on a special assignment: effectively to save its own business by finding out what the future of newspapers both in print and online.
The New York Times reports:
The project underscores just how focused many newsrooms have become on the business side of journalism, especially as Wall Street has shown little confidence in the industry and as share prices of most news organizations have dropped.
“We realized we had to act fast or we wouldn’t have anything to act for,” said Vernon Loeb, the paper’s California investigations editor, who helped originate the idea.
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