• TechWeb News, Wednesday, January 18, 2006 10 AM

Details about the new media venture from craigslist founder Craig Newmark are still vague, but in a recent interview Newmark promised the new community journalism project would "promote the best of the press" by prominently featuring the most reputable journalists, as determined by the community. Newmark describes the project as providing people with trusted news with more fact checking--public fact checking, it would seem, a la Wikipedia. Interesting, sure, but how will the project make money? How will he be able to pay his writers? Newmark deflected those questions in the interview, saying only that payments could be received on a pay-per-view basis or through subscriptions. According to Newmark, the press needs to evolve, and while publications like The New York Times are "showing some spirit again" after high profile mishaps, it's Jon Stewart's "Daily Show" that does "some of the best investigative journalism today."

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