Spot.us is Spot on!

picture1My friend David Cohn has launched a community-funded reporting project called Spot.us that is emerging at a time when advertising-supported online media is growing in popularity, causing a decline in advertiser-supported print media (newspaper and magazines). How bad is it for newspapers? Well, the NY Times is facing a credit crunch and may be forced to liquidate some assets to pay off its loans by next May. It’s very likely that several newspapers will disappear in the next 5-10 years, replaced both by online media and millions of citizens who blog on niche topics in the long tail.

While blogging is a personal expression I enjoy, many bloggers are unaware of basic journalistic ethics. Spot.us takes a different approach, aiming to keep qualified reporting alive and bringing the public into the game like never before.

Just look at the power of the American electorate to choose Barack Obama as our 44th president. At Spot.us the same public has the power to propose stories they want reporters to investigate, attract funding for them and then Spot.us will make those stories available to publishers.

I’ve been supporting Spot.us as an advisor because I feel this innovative concept is nothing short of brilliant and I am certain it’s going to take off big time.

Spot.us has launched and is now being tested in the San Francisco Bay area. Sign up today and support stories in development or come up with your own. Now is the best time to get in on the ground floor of the future of journalism at Spot.us.

Read more in this New York Times story.

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