“Yet for some — possibly foolhardy — reason, a lot of people still want to work in journalism, and even amid the depths of the recession, there have been stirrings of creativity. A multitude of younger, nimbler enterprises have popped up, unencumbered by the past and ready to try anything. History suggests that few of these ventures will ultimately survive: Web start-ups have a failure rate between 70 and 90 percent. But it’s quite possible that the experiments they’re staging are already producing the kind of innovations that make for new, sustainable business models.”
The New York Times talks online journalism entrepreneurs and “Putting a Price on Words.”