Goodbye, TWI

Next month, The Washington Independent will close it's doors:
Nearly three years ago, The Washington Independent was launched as a bold experiment in online journalism. The idea was to combine hard-nosed investigative reporting with all the web had to offer: the nimbleness of real-time coverage, the interactivity made possible by this new thing called blogging, and the ability to create a narrative that was bigger than the sum of its parts.


But TWI was not just a journalistic experiment; it was also a financial one, and ultimately, the successes of the former couldn’t sustain the strains of the latter. Our first year was marked by a kind of exceptionalism, the feeling that we were expanding as other newsrooms were contracting, that this new model of journalism would survive as our dead-tree colleagues struggled. But in the end, we fell prey to the recession just like everyone else.
Another casualty of this recession.

Weak. I will have to update my bookmarks, as I was an avid reader of TWI.