Exclusive: Google partners to fund new local media sites
"The Right Strategies":
As part of its Local Experiments Project, Google will launch The Compass Experiment, a partnership between the platform and McClatchy to launch three digital-only local news operations on multiple platforms. According to Sara Fischer of Axios, "McClatchy will maintain sole editorial control and ownership of the sites and Google will have no input or involvement in any editorial efforts or decision making." The organizations will be launched in cities with less than 500,000 inhabitants. "This allows us to move beyond some of the incrementalism that seems like it's the core of our day-in and day-out job, but can hold us back from pursuing things related to a long-term vision," said McClatchy CEO Craig Forman.