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Industry Landscape
The local journalism industry is undergoing a significant transformation, moving from traditional print models to digital-first, community-supported non-profits. Many outlets struggle with revenue, but those focusing on in-depth, hyper-local reporting and diverse funding, like reader donations, are finding sustainable paths.
Total Assets Under Management (AUM)
Number of Local News Deserts in United States
~Approximately 2,500 counties in the U.S. currently lack a local news organization or are at risk of becoming news deserts. (Source: UNC Hussman School of Journalism and Media)
(Not applicable for 'news deserts' as a growth metric. CAGR)
- This metric signifies a decline in local news availability.
- It highlights areas with limited or no local news coverage.
- Often driven by closures of traditional newspapers and lack of new digital outlets.
Total Addressable Market
2.5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-powered Content Curation
AI can automate the aggregation and personalization of local news content, delivering highly relevant stories to individual readers and increasing engagement.
Blockchain for Trust & Transparency
Blockchain technology can enhance the credibility of local journalism by verifying the authenticity of content, preventing misinformation, and transparently tracking funding.
Hyperlocal Data Visualization
Advanced data visualization tools can transform complex local data into engaging, interactive graphics, making in-depth reporting more accessible and impactful for readers.
Impactful Policy Frameworks
California Assembly Bill AB 886 (2023-2024)
This bill, known as the 'California Journalism Preservation Act' (CJPA), aims to require large online platforms (like Google and Meta) to pay news publishers a 'journalism usage fee' when they display news content.
The CJPA could provide a significant new revenue stream for The Oaklandside and other local news organizations, helping to stabilize their financial models.
Journalism Competition and Preservation Act (JCPA) - Proposed Federal Legislation (2023)
Though not yet enacted, the JCPA is a proposed federal bill that would grant news organizations a temporary antitrust exemption to collectively negotiate with large online platforms for compensation for the use of their content.
If passed, the JCPA could create a more equitable playing field for local news organizations like The Oaklandside to secure fair compensation from tech giants.
Net Neutrality Rollback Reversal (Ongoing)
While specific legislation is ongoing, the Biden administration has sought to restore net neutrality rules, which prevent internet service providers from blocking, throttling, or prioritizing certain content.
The restoration of net neutrality ensures that The Oaklandside's digital content reaches its readers without interference or artificial slowing by ISPs, maintaining equitable access to local news.
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