Seattle Weekly Founder Seeking Funding for Online News Site

september 27, 2006  06:34 am
David Brewster, co-founder of Seattle Weekly, hopes to launch an online news site focused on the city that would include member-written stories, The Seattle Times reports. He believes that "local journalism is suffering" from a reduced number of traditional media outlets, but he has had trouble financing his new project because of a glut of online ventures. "There are a lot of people crowding into something that doesn't have enough dollars to support anything yet," he says. "It's like everybody trying to get into the same apartment building."