Jay Rosen announces an important experiment in journalism today:

In a nutshell: This is publicly supported journalism. The public will come to with story ideas and will collaborate on honing them there. Once assigned by NewAssignment’s editors, the public will contribute both money and reporting to the work that reporters are paid to do. The process is open and the public will have a strong voice and role in the journalism NewAssignment does. Editors will supervise the assignments and the reporting and will edit the stories, assuring that NewAssignment produces quality journalism and also that it is not overtaken by a pressure groups. There’s much more to this with many nuances and Jay examines them all in a lengthy (even for him) FAQ on his blog.

This is an answer — not the answer — to the frequently asked question in the shrinking news business these days: How will we support journalism and investigation? NewAssignment will not replace the work of professional news organizations. It will complement them, attacking the stories that are not being covered. It begins with an article a few articles faith. First: The public will support journalism and investigation. Second: The public will then want more of a voice and a role in that reporting. Third: Given the opportunity to have more of a voice and role, the public will contribute more support. It’s a virtuous circle, if it works.

Jay got funding from the MacArthur Foundation to explore this idea for a year. NewAssignment just received a grant from Craig Newmark‘s personal foundation to fund the work on a pilot project. And NewAssigment is getting help from Daylife, the news startup I’ve been working on. That relationship: Daylife will gather, analyze, organize, and create a new, distributed platform for the world’s news. In a sense, then, NewAssignment is complementary: Daylife shows you what is being covered and New Assignment fills in a few of the gaps about what is not being covered. Daylife will provide some technical and distribution help, starting with a pilot project.

I’ve known about Jay’s vision for NewAssignment for more than a year now and I’ve thrown in my two cents. I think this is an important experiment in pro-am, publicly supported, open journalism. We must explore new business models to support coverage of news and this is one of them. I’m an enthusiastic supporter of NewAssignment and I look forward to working with Jay and you on it and learning a lot along the way.

This is your chance: You’ve said you wonder why some stories are not getting covered. Well, now you can gather together and get them covered. You’ve wanted more of a role in journalism. Now you can be involved from start to finish. You’ve known facts that would matter in news coverage if only you could be heard. Now, you can.