CNN Wire launches less costly alternative news source
The New York Times reports that CNN, in the afterglow of an election season of record ratings for cable news, is elbowing in on a new line of business: catering to financially strained newspapers looking for an alternative to The Associated Press.
For nearly a month, a trial version of CNN’s wire service has been on display in some newspapers. But this week editors from about 30 papers will visit Atlanta to hear CNN’s plans to broaden a service to provide coverage of big national and international events – and maybe local ones – on a smaller scale and at a lower cost than The AP.
Read the full NYT account here.
Editor & Publisher, the newspaper industry’s journal, also reports on the phenomena.