NY Sun: New Technique Lets Bloggers Tackle Late-Night News Dumps. A time-honored Washington practice of trying to extinguish, pre-empt, or redirect news coverage by dumping stacks of previously secret government documents on the press may be in for some changes after a headlong collision with hundreds of liberal Web loggers in the wee hours of yesterday morning.
This kind of thing is exactly how distributed journalism can occur. It will more routinely occur this way in the future, especially if the news industry gets its act together and starts realizing that the audience can be an amazing resource beyond providing credit card numbers for subscriptions.
Jay Rosen and his team are working on something more formal and complex at NewAssignment. But the idea is basically the same.
I still think someone should do the stock-option story this way…