Yes, but no one is going to get really rich doing it. One to five dollars for a story that makes it to the top ten. Lunch money? But news by popular vote. Good or bad. Remember what Steven Colbert can cause on Wikipedia, knowledge by popular vote.
Then again you don’t get a news conglomerate’s hidden agenda. Instead you get the lowest common denominator. Have you ever met the “average person.” I have. They’re scary.