
I am currently working on trying to organize the first Second Life newspaper... the Linden Gazette would be the working title, I imagine

This is how it would work:
1) Create a newspaper stand of sorts (you know, the little box that sells newspapers on your local street corner) out of as few prims as possible (to keep down on costs). This would be copied to whoever wanted one (they would come to me and ask for a copy, so I could set them up properly.) These stands would then be set up at popular locales... teleport stations, dance clubs, drama stages, and so on.
2) Each of these stands will dispense papers for five dollars apiece (subject to change as I figure out how much this will cost). 20% of this (one dollar so far) would go to the site owner. The remaining 80% would go to the newspaper company.
3) The newspaper company would then distribute the money to the journalists, depending on how much they contributed and how much money was made... if there's a high readership, the journalists would become rich in no time
The paper would keep an amount to itself to further development and upkeep costs. And a little profit... 
4) The newspaper would most likely be in Notecard form... either one long one or one notecard per section, or something. Perhaps int he future we could also attach an image of the front page, with the top stories in huge text

5) The newspaper would most likely be a weekly affair. It would be updated with a script that allowed the editor (which would probably be me
to "beam" the new edition to the news stands, creating an instant update. (Hopefully this is possible... if a TV station can be done, a newspaper should be a piece of cake... wouldn't mind a good coder to do it for me though 
6) In a perfect world, I wouldn't mind at LEAST one journalist per Sim. This would be their "beat", or locale that they live in/spend most of their time in. They would collect news stories from their neighbors, coworkers, and so on. Possible news stories could be: conflicts between communities, rumors of impending things, town meetings, interviews with important people of the community, details of hosted events, and so on. There would also be an editorial section and a letters to the editor section too
Journalists would be paid on a per-story basis, collecting a percentage depending on how much of the paper they wrote.anyone interested, or questions, or suggestions? Please, post it here or message me in-game (Lordfly Digeridoo, I live in Slate
.Thanks,
Lordfly
Market studies have determined it's untenable until we reach about the 5000 active member mark. Also, that’s about the time enough reporters and columnists would be available to make the paper larger than sim-regional.