Nonprofit News Model is Fragile

Nonprofits have been touted as a possible alternative to the collapsing business models of for-profit news. But a study released last week by the Pew Research Center points to the fragility of that model and also to the need for a more concerted effort to shore it up. The study identified 172 nonprofit news outlets throughout the U.S. – two-thirds of these were launched only since the 2008 financial crisis. While the recession has accelerated the closure of newspapers and the downsizing of news staffs throughout the country, it has given rise to a boom in nonprofit news.

ICIJ’s Offshore Exposé: Bigger than Wikileaks’ ‘Cablegate’

It’s certainly one of the single biggest leaks of documents in the history of investigative reporting. Over the last 15 months, 86 journalists in 46 countries have been poring over a cache of 2.5 million documents on offshore holdings obtained by the International Consortium of Investigative Journalists. ICIJ coordinated the investigation from DC, using a secure messaging system to communicate with a worldwide team of journalists and free-text retrieval software and programmers on three continents to mine the information from the documents.