Another news outlet, looking to fund specific stories via direct appeals to readers. Via Craig Newmark, of Craigslist fame:
Hey, I'd encourage you to check out The Faster Times, a new online newspaper, which is trying to find ways to reinvent the newspaper model.
They're trying to raise funds, $1500, for a special report on what's happening to animals in the Gulf oil spill situation.
All they ask is for you to email in your pledge amount to firstname.lastname@example.org. If they don't raise the full $1500 in pledges by Tuesday, you won't be asked to follow up on your pledge.
Fund a worthy story and do your part to kill off old media, all with a single check!
I wrote about the intersection between citizen journalism and microfinance last week.