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| Turn newspapers into nonprofit, endowed institutions Position1 #21264 Turn newspapers into nonprofit, endowed institutions—like colleges and universities. | |
+Citations (2) - CitationsAdd new citationList by: CiterankMapLink[1]
Author: David Swensen, Michael Schmidt
Cited by: David Price 9:29 AM 27 June 2009 GMT
Citerank: (9) 21261Journalism fundamental to democratic societyThomas Jefferson (January, 1787) "...were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate to prefer the latter.”1198CE71, 21262Newsaper profit margins diminished or disappearedMany of the world renowned newspapers are heavily indebted, have little cash in hand, and their profit margins have diminished or disappeared.959C6EF, 21278Average profit margin at the Washington Post down 25%Average profit margins at The Washington Post over the past five years have been about 25 percent less than what they had been in the previous 15 years.1198CE71, 21279Average profit margin at The New York Times down 50%The average profit margin at the New York Times is around 50% less over the last five years than over the preceding 15 years.1198CE71, 21281Significant decline in foreign correspondents and bureausThe number of American correspondents reporting from abroad fell by 25 percent from 2002 to 2006, and only a handful of American newspapers now operate foreign bureaus.1198CE71, 21283Online ad revenues insufficient to sustain robust news coverageOnline advertising revenues that newspaper web sites generate aren't sufficient to sustain robust news coverage.1198CE71, 129026Significant decline in foreign correspondents and bureausThe number of American correspondents reporting from abroad fell by 25 percent from 2002 to 2006, and only a handful of American newspapers now operate foreign bureaus.1198CE71, 129027Online ad revenues insufficient to sustain robust news coverageOnline advertising revenues that newspaper web sites generate aren't sufficient to sustain robust news coverage.1198CE71, 129054Journalism fundamental to democratic societyThomas Jefferson (January, 1787) "...were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate to prefer the latter.”1198CE71 URL:
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Link[2] Nonprofit Newspapers
Author: Steve Coll
Publication info: 2009 January 28
Cited by: David Price 7:14 AM 28 June 2009 GMT
Citerank: (4) 21339Secure freedom of speechEndowing one or more top quality newspapers would help to secure the freedom of speech in society.1198CE71, 21340No easy substitute for the ecology of big news room journalismThere is no easy substitute for the professional, civil-service-style, relentless independent thinking, reporting cultivated in big newsrooms (and shielded reasonably well from potlical or commercial pressure by quasi-monopoly business model).1198CE71, 21341$2bn endowment for the Washington PostThe typical spend rate for endowed nonprofits is in the five-percent range. A two billion dollar endowment fund a very healthy newsroom. (even before revenue from continuing operations—advertising, circulation, etc.).959C6EF, 129029No easy substitute for the ecology of big news room journalismThere is no easy substitute for the professional, civil-service-style, relentless independent thinking, reporting cultivated in big newsrooms (and shielded reasonably well from potlical or commercial pressure by quasi-monopoly business model).1198CE71
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