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Why online news sites keep failing

Why online news sites keep failing

After staff cuts at regional newspapers reduced reporting in Davidson County, N.C., veteran journalist David Boraks in 2009 started an online site to fill the void. Last month, Boraks shut it down, telling his readers, "Alas, we haven't turned it into a sustainable business." The demise of DavidsonNews.net is far from unique. One of every four news start-ups has failed, according to a survey I conducted. My methodology was simple. I looked up all 141 ventures listed in the Columbia Journalism Review's Guide to Online News Startups, which dates back to 2010. Then I counted the number that either were defunct or had not published any new content since 2014. ...

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