another damn inconvenient truth

From Garance Franke-Ruta at TAPPED:

It's an old truism that there's no money in journalism (television being an exception, of course) -- and there's certainly no reason to think there will be more of it now that there are a flood of new writers competing for pay. The few bloggers who do manage to make a living at it have, like regular media pros, either gotten themselves supplementary fellowships at other progressive institutions; been hired by major media companies or political candidates; or else are pioneering a business model in which they can survive financially only because they run media sites where they, in turn, don't pay their site's many other writers.

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