Foundations Invest in Watchdog Reporting as Group Considers National Investigative Network

June 29, 2009, Poynter — There's a new conventional wisdom about foundation-funded journalism: It's going to be bigger than most anyone imagined.

How big? Well, no one is suggesting it will become the dominant business model of the news-and-information world –- even though it's far from clear what this new marketplace will look like in a mature digital world.