<blockquote>One of the goals of the New Business Models for News Project is to help local sites grow into sustainable operations. Toward that end, we’ve created a <a href="http://newsinnovation.com/guide/" target="_blank">Resource Guide for Local and Niche Sites,</a>which aggregates some of the best sources of information about a variety of <a href="http://newsinnovation.com/editorial/" target="_blank">editorial</a>, <a href="http://newsinnovation.com/business/" target="_blank">business</a>, <a href="http://newsinnovation.com/technology/" target="_blank">technology</a> and <a href="http://newsinnovation.com/legal/" target="_blank">legal</a> topics relevant to running a small website. The guide will be updated over time.

The project is researching best practices in the business of journalism online, gathering new ideas and experiments in revenue for news. We will build complete business models to share with the industry and with the journalists, communities, entrepreneurs, technologists, and investors who will create the future of news.

The project is funded by the Knight and McCormick Foundations. <a href="http://newsinnovation.com/the-2008-new-business-models-for-news-summit/" target="_blank">Two earlier conferences</a> leading up to the work of the project were funded by the MacArthur Foundation. The work of the project’s first phase will be presented at the Aspen Institute in August and will be shared, publicly and in progress, on this site." <strong>Source</strong>: <a href="http://newsinnovation.com/" target="_blank">New Business Models for News </a></blockquote>