Plugging the Gap by ProQuest

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After months of thinking about the sad state of American journalism and trying to come up with ways to improve it, O'Shea bolted out of a sound sleep in the predawn hours last June with an idea: "We should start a co-op," he thought. Among those he contacted that June morning were Ann Marie Lipinski, the Pulitzer Prize-winning former Chicago Tribune editor; Newton Minow, a prominent Chicago lawyer and former Federal Communications Commission chair who famously described television years ago as a "vast wasteland"; and former journalist Peter Osnos, founder of PublicAffairs Books. Instead of paying dividends to owners, as a farm cooperative might, O'Shea says, "We will invest all surplus revenue in more journalism, hiring reporters and editors, photographers, financing a special series or financing a project with a local partner."

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