Tina Brown, one of the best-known journalists in the English-speaking world, announced last week that she was resigning as chief editor of The Daily Beast. Right from its inception, the project she founded in 2008 to promote quality journalism on the Internet has battled with financial problems.
The Times of London comments (September 12):
“The recent experience of The Times is that large numbers of readers are willing to pay for high-quality journalism. And that there is no plausible alternative to that. The Internet supports many excellent free blogs, but the sort of journalism and production that goes into something like The Daily Beast has to be financially supported by its readers. Ms. Brown in her career suspended many rules, but this was one that cannot be suspended.”