Delivering Foreign News Differently

By Virginia Prescott on Thursday, January 8, 2009.

Headlines about the news industry continue to be dismal. Newspapers and networks are shuttering foreign bureaus to cut costs. In the past decade, The Philadelphia Inquirer has dwindled its six foreign bureaus to zero; The Baltimore Sun closed its operations in Britain, china, London, Russia and south Africa; and in 2007 The Boston Globe brought reporters home from Jerusalem, Berlin and Bogota. Wire services like The Associated Press are also cutting back on international desks, leaving only a few operations – like The New York Times, Washington Post, CNN and NPR – with substantial ongoing foreign coverage.

Next week a Boston-based start-up steps into the void with big ambitions and a new financial model for covering news from overseas. It’s called GlobalPost.com, and it launches this coming Monday. Here to tell us more is GlobalPost President and CEO Philip Balboni.

Watch a preview of GlobalPost, set to launch January 12:

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