I am glad that Google serendipity brought you to my piece. (By the way – read Eli Pariser’s “Filter Bubble” for an investigation of the way in which Google is stifling serendipity).
Your model of collaborative ownership of media is interesting – but I can’t say that I can give a clear steer on its chances of success. I wish I knew the answer to the question “what is the future of media”; all I have at this stage are some clues as to what the basic principles that shape this future may be. The only thing that I am pretty sure about is that whatever this future is, it will look completely different from what we have at the moment (see Clay Shirky’s excellent “Thinking the Unthinkable” piece). And my sense is that co-ownership of media may not be sufficiently unthinkable because media may be becoming something that can’t actually be owned in a way which allows any form of monetary benefit.
So what are the clues?