Ira Stoll, former VP of the failed New York Sun, is apparently offering a new business model for journalism. That’s right, for just a couple hundred thousand dollars, you can buy your own reporter:
You will “support a reporter to cover the Federal Reserve, Treasury, Congress, White House, or other beat designated by the sponsor in consultation with the editor.” Hoo boy. Though! For just $75K a year, you get to call and email Ira Stoll anytime you want, night or day.
Leaving aside the irony of something called the “Future of Capitalism” that requires donation from sponsors — because if you can miss that, then there’s just no way to make it obvious enough — I think Stoll is drastically overcharging. I worked as a reporter. Trust me, we can be had for much, much less. Seriously, like, a box of Krispy Kremes. Throw in coffee and you decide what goes on the front page.
