Chicago TV stations to pool resources, video

Here's an interesting item from the Chicago Tribune about a plan for that city's major TV stations to begin sending a single crew to major events and then share the coverage.

I'm sort of interested in how this will work (will the stations provide their own voice-overs or intros, what will happen to live reports?), but the bigger question is, what does it mean?

I've long said that the crisis facing newspapers was a harbinger for TV and radio stations, who will ultimately face the same profit-sapping flight of viewers and listeners to the Internet.

Maintaining four seperate newsgathering operations in a city the size of Colorado Springs is going to be a tough road to hoe in the near future. It's noteworthy, however, that this experiment is being tried not here in market 93, but it Chicago (what's that, like market 4 or something?).

What does it mean? Well, I expect we'll see.