I had an idea for a news project and the metro editor said, "You never know with these things, whether we can get them or not. Sometimes you dig for a couple months and you never get it. But we'll take the gamble." I thought that was maybe the best verbalization of it.
The guy who founded the city mag in Denver, 5280, said it a couple years ago, that every time the revenue increased he wanted to hire more full-timers because freelancers can't afford to dig for a couple months without payoff. They had to pick stories that were low-risk or they'd starve. With full-timers, the publication takes the financial risk.
That's why I don't see that they're going to be able to do a lot of stories that aren't of national interest. It's sooo risky and expensive to get the really good stuff. I don't see that they can do it cheaper than the local papers when you average in all the fails.