Execution of U.S. journalist reveals the changing business of war coverage

By Jennifer Saba

NEW YORK, Aug 22 (Reuters) - A chilling video showing the execution of journalist James Foley by Islamist militants marks the second time an American reporter has been beheaded by captors overseas, echoing the murder of Wall Street Journal correspondent Daniel Pearl in Pakistan in 2002.

While Pearl worked for one of the largest news organizations in the world, Foley was on assignment for GlobalPost, an online news startup with about 28 full-time staffers that is trying to survive as a small, independent outlet.

The contrast underscores the changes that have been buffeting the news business, which in recent years has seen big staff reductions and fewer journalistic resources devoted to international coverage, including wars. At least 20 U.S. newspapers that once maintained bureaus abroad, including The Baltimore Sun, Los Angeles Times and The Boston Globe, have closed bureaus and scaled back foreign coverage, according to Pew Research Center.

On the evening newscasts at the major U.S. networks ABC, NBC and CBS, the number of minutes dedicated to overseas coverage is less than half of what it was in the late 1980s, Pew reported.

But a new crop of smaller and less resourced news outlets, such as GlobalPost, Vice Media and BuzzFeed, are stepping into the breach and reporting from conflict regions.

There has also been an influx of freelance journalists who can now report with a smart phone or hand-held camera and post their stories online, all without the backing of an established media organization.

One GlobalPost contributor, multimedia journalist Tracey Shelton, launched a Kickstarter campaign to raise money to buy camera equipment, according to an online chat she conducted last year with Digital First media. Shelton did not immediately respond to a request for comment.

FILLING THE VOID

GlobalPost launched in 2009 with the stated mission of helping to fill the void in international coverage. It's a for-profit news company but acknowledges that the "journey to become a self-sustaining business is far from complete," according to its website. It makes money from advertising, syndication and membership support.

Philip Balboni, co-founder and CEO of the Boston-based company, said GlobalPost requires anyone working in a conflict zone to go through hostile environment training courses. He said that GlobalPost pays for the training or contributes to the cost, depending on the circumstance.

"It really doesn't matter to us whether someone is full-time or a classic freelancer, we have always been deeply committed to our people in the field and work with people setting up careful guidelines how they should work," he said.