Viva the City Blog! Viva Torontoist!

Yesterday, Newsvine CEO Mike Davidson was quoted on TechFlash as saying newspapers don't have a future: "And there isn't even a present, unfortunately." Which is not to say that the digital platform is all pixels and rainbows. While the Seattlepi.com is busy reinventing itself, the Post-Globe posse might take a cue from our sister site Torontoist, who have been reinstalling themselves since last December, when they almost went dark: Three investors are now backing the costs of Torontoist's local operations--as Canadians, they're more evolved than we are--though the site will remain affiliated with the Gothamist network.

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I didn't see any ads... how will they make cash?

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I'm guessing that ad sales are part of the operating costs that the local investors are signing on for. I recall Gothamist mentioning that selling ads across national borders was trickier than you'd think. I thought NAFTA cleared all that up.

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