Progressive bloggers are grousing that major media made MSNBC’s Keith Olbermann suspension a top story…by continuing to make Keith Olbermann a top story, themselves. But is Olbermann’s job status what unemployed and under-employed Americans really care about?
As widely reported this week, Chicago-based hyperlocal newsfeed aggregator EveryBlock.com was bought out by MSNBC for an undisclosed sum likely in the millions. At a time when Windy City foundations are posturing to be the nonprofit saviors of online local news, the surprise sale may point to a different future for popular sites. Is there money to be made in the online local news sphere after all?