What I've read today:
- An interesting follow rounding up some reaction to a recent New York Times op-ed about endowing newspapers the way colleges and universities are endowed. notes the challenge of raising that kind of money ($116 $114 billion to endow every U.S. newspaper) and looks at some other ways of paying for good journalism. Seward quotes Alan Mutter and Josh Marshall, who, like me, have doubts about the viability of the non-profit model. (Nieman Journalism Lab)
- So does Jonathan Weber (New West), who wonders:
... what happens when "saving journalism" is no longer a cause of the moment? How can a news organization properly go about its business when it’s constantly on bended knee looking for funders? When my friend David Brewster, founder of Seattle’s Crosscut.com, told me he was going non-profit, I saw his logic, but I was still disappointed. ...
... New business approaches will, ultimately, be a much better guarantor of quality journalism — and democracy — than sugar daddies.