Oh, how I love fightorflight from Metafilter's checklist on why your plan to save journalism won't work. Top marks!
Your post advocates a ( ) technical ( ) legislative (X) market-based ( ) crowd-sourced approach to saving journalism. Your idea will not work. Here is why it won't work. (One or more of the following may apply to your particular idea, and it may have other flaws owing to the avaraciousness of modern publishers.) ( ) It does not provide an income stream to the working journalist ( ) Nobody will spend eight hours sitting in a dull council meeting to do it ( ) No one will be able to find the guy (X) It is defenseless against copy-and-paste (X) It tries to prop up a fundamentally broken business model (X) Users of the web will not put up with it ( ) Print readers will not put up with it ( ) Good journalists will not put up with it ( ) Requires too much cooperation from unwilling sources ( ) Requires immediate total cooperation from everybody at once (X) Many publishers cannot afford to lose what little business they have left ( ) Anyone could anonymously destroy anyone else's career or business ( ) Even papers run by trusts and charities are already going bankrupt Specifically, your plan fails to account for (X) Readers' unwillingness to pay for just news ( ) The existence and popularity of the BBC (X) Unavoidable availability of free alternatives ( ) Sources' proven unwillingness to "go direct" ( ) The difficulty of investigative journalism ( ) The massive tedium of investigative journalism (X) The high cost of investigative journalism ( ) Unpopularity of weird new taxes (X) Editorial departments small enough to be profitable are too small to do real reporting ( ) Legal liability of "citizen journalism" ( ) The training required to be even an rubbish journalist (X) What readers want, in the main, is celebrity and football ( ) The necessity of the editing process (X) Americans' huge distrust of professional journalism ( ) Reluctance of governments and corporations to be held to account by two guys with a blog ( ) Inability of two guys with a blog to demand anything ( ) How easy it is for subjects to manipulate two guys with no income ( ) Rupert Murdoch ( ) The inextricably local nature of much newsgathering ( ) The dependence of all other forms of news media on print reporting ( ) The dependence of national press on local press reporting ( ) Technically illiterate politicians ( ) The tragedy of the commons ( ) The classified-driven business model of much print publishing (X) The tiny amounts of money to be made from online ads for small sites
Problem with your plan to save media: the checklist (Thanks, Fipi Lele!)