This is just a plug for for Glenn Greenwald's news magazine The Intercept. Just take a moment to scan the stories on their front page today like a four-part expose on a criminal gang within the Chicago police department that protected some drug dealers and went after their rivals. It's a very important story not least because of Rahm Emanual, former Obama chief of staff and Chicago's current mayor and an architect of the Wall Street friendly, union busting "New Democrat" model and probable future presidential contender.
I say Glenn Greenwald. The constitutional attorney turned journalist runs The Intercept but it's funded by eBay founder Pierre Omidyar. This is one way of doing it. When I lived in Berkeley County, SC, six guys with some money got together and started a paper and had a former high school principal run it, and after a few years it drove the existing paper out of business. In that case they were Republicans and the old paper backed the old Democratic Party establishment, and the area as a whole, the populace, had transitioned from traditional southern Democrat to Republican, but although the new paper had a conservative spin it did a good job of reporting and it was fair. Both sides had their say.
The model worked, is my point. I think you could run the Albuquerque Journal out of business if you came up with something that captured peoples' imagination. One reason is that a paper with no competition gets fat and lazy in the journalistic sense. TV news offers them nominal competition but the nature of that business makes them focus on rescued cats and car crashes, and things they have video footage of, and they have mostly a non ending succession of first year reporters who may have heard of city hall but don't really know what that's all about.