It's called NewAssignment It now has its own blog in place.
High quality journalism, funded, with professionals and amateurs working together.
Others have tried and failed. Read Dan Gillmor's analysis of how things went wrong for him
You need to read Jay Rosen's blog to pick up on the depth of his thinking about this issue. For example, I like point 9 from his current post:
By “right” for a NewAssignment.Net test I mean something that:Doable, distributed, under-covered ...
It’s the second bullet, the lends itself to “distributed reporting” part that seems to be the trickiest. Many readers of my blog and a good number who wrote to me after the first wave of publicity for New Assignment suggested stories that were under-covered and possibly newsworthy, but had no distributed reporting dimension to them at all
- is under-covered, poorly covered or not covered at all by the major news media;
- lends itself to “distributed reporting,” where a bunch of people—dispersed but connected by the Net—could contribute knowledge in a manner that would be hard for a reporter or even two or three to duplicate;
- is a story of national, international or regional importance— newsworthy, in other words;
- is doable in about six weeks time;
Possibly there are some great educational stories waiting to be written along those lines:
- How censorware around the world is driving students and teachers nuts
- The place of game making and game playing in education
- Virtual P2P School