Let me get this straight: It's becoming less and less profitable to own a newspaper, but a website that talks about newspapers is a cash cow.
Perhaps the Post should share some of its newfound wealth with struggling papers.
It's still not nearly as profitable as media giant New York Times Co. (worth $1 billion), but the Huffington Post is a healthy company. The question is, what's going to happen if newspapers continue to shut their doors? The Post has proven to be a valuable source for aggregated news and commentary, but what will be left to link to when that news disappears?
Perhaps the Post should share some of its newfound wealth with struggling papers. That's probably not part of the company's profit model. What's more likely is at some point the Post will probably hire investigative journalists of its own.
While we're on the subject, the Huffington Post is being criticized for a heavy gender bias. The media watchdog group Fairness and Accuracy in Reporting (FAIR) says the Post needs to do a better job of including female voices on its website. FAIR conducted a study that found that between July and September, only 23 percent of the blog's bylines belonged to women.
If the Huffington Post isn't adequately representing women, who will?
The Huffington Post was co-founded by a woman (Arianna Huffington), and its editorial content is more progressive than the mainstream media's. This makes news of its gender inequality all the more unsettling. If the Post isn't adequately representing women, who will? The blog's financial might is increasing, and its influence continues to grow with its burgeoning readership, which has hit 8.8 million people every month. As a huge component of the new media movement, the Huffington Post should lead the way and make sure half its editorial content comes from women.