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It’s time for nonprofit media organizations

Profit-journalism has failed to uphold news as a public good

If you listen hard these days, you’ll notice a distinct echo in conference rooms across the country where media companies have laid off staff. Even big media conglomerates are floundering amidst the funeral bells of their competitors. Al Jazeera, The Guardian, Mashable, Buzzfeed — all successful organizations that are slamming the brakes to reevaluate their profit models. If they’re not cutting losses, they are most certainly pushing teams to “get more creative” and prepare solutions to the growing atrophy.

Some of the obvious spectors are that,

1. Print journalism is rapidly decaying, taking the old ways with it.
2. Mobile and desktop is quickly consuming television, making programming more sensational and “real” to drive viewership.
3. Ad-marketers are wavering under pressure of low viewership, causing prices to plummet.
4. Organizations have turned their focus to exciting, bite-sized media.

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