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New New Media?

November 29th, 2004 · 1 Comment

Steve Rubel has some scoop on Pegasus News, a company that is working to create a new “model of local market content and advertising.” It’s like hyperlocal media on a macro- level. I’m intrigued, to say the least.

They’re looking to do the local newspaper a one-up, but with a pay-for-play model that, at least based on their hopes, will be fair to everyone involved, from the readers to the advertisers. And considering the plan says “We will distribute content via a website, e-newsletters, RSS feeds, a daily print edition, SMS messaging and any other medium we can think of,” one would imagine you’d get your money’s worth if you were involved.

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1 response so far ↓

  • 1 Pegasus News // Nov 29, 2004 at 11:22 pm

    Gimme back my bullets

    Today was another brain-hurty day of financial wranglings, but there are lots of interesting things to post. So, you know the drill– bullets. Hail Wikipedia! AP now gives it props as a credible source. And, they’re moving into news. We