Local Broadcasters Form Joint Venture To Provide High-Speed Data Transmission
Four of the nation’s largest independent local broadcasting groups have come together to form EdgeBeam Wireless, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.