Jan 27 2009

The Peoria plan

Published by at 4:23 pm under Washington

Nick Licata

Nick Licata

In this time of weakening newspapers, as lots of people start looking for alternative models, the situation has gotten so serious that public officials are holding public meetings on the subject of “who will report the news?”

Specifically, in Seattle, where one daily newspaper – the Post-Intelligencer – is near certain to end printing and may or may not remain in some online form, and the other – the Times – is also in perilous financial shape. It’s where tomorrow Seattle City Councilmember Nick Licata will convene a council Culture, Civil Rights, Health, and Personnel Committee meeting, and devote most of it to “a panel discussion about the importance of maintaining diverse media outlets, the future of daily newspapers, and the potential roles and responsibilities that a community can take to keep public discourse healthy and thriving.” (It is supposed to be streamed.)

That’s noteworthy right there, since it means the search for news alternatives in the Northwest now has its first substantial public elected official taking point.

The meeting already seems to have had one effect at least: Discussion of what’s being called the Peoria Plan. A piece today in the site Crosscut describes it: In Peoria, Illinois, where the daily paper also is in serious trouble, there’s talk about creating and using a new type of business structure to encourage news operations.

This blog generally has become increasingly wary of new business structures, but if limited and defined properly this one, called the LC3, has com promise. It’s described as a hybrid, with some allowance for limited profits, but also some status as a charity, making possible tax-deductible contributions, which could allow some newspapers to become something akin to non-profits (a term which is in itself a term of art).

The Crosscut piece is worth reading. And the meeting tomorrow should be worth watching.

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