Wednesday, January 28, 2009

Newspapers As 501(c)(3)s?

From the op-ed page of today's New York Times:

"By endowing our most valued sources of news we would free them from the strictures of an obsolete business model and offer them a permanent place in society, like that of America’s colleges and universities. Endowments would transform newspapers into unshakable fixtures of American life, with greater stability and enhanced independence that would allow them to serve the public good more effectively."

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