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PrintU.S. Local News Network wants to roll out local news sites across the country. So far, CEO Neil Senturia told Paid Content the startup received $1 million in new funding and expects to raise another $800,000 within the next month-and-a-half; the company had already secured $2 million in backing over the summer. No word on who is bankrolling the effort. Senturia initially founded the San Diego News, later unveiling sites in Riverside and Orange County, Calif.
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We used to have local news. It was delivered via a thing called a "newspaper". Am I missing something? Local newspaper sites can't lose money fast enough and somebody is giving this guy money to start more? In Denver alone we watched the rise and fall of US West's DiveIn Denver (don't forget the "pets events" section), Microsoft's Sidewalk and Digital City Denver by AOL PLUS the Rocky Mountain News shut down in the epic multimedia fail of the century. Am I the only person who remembers this stuff?