Wall Street Journal
"Not-for-profit status might be one possibility," writes
Steve Rattner. "Instead of having billionaire moguls as proprietors, we could try to turn them into philanthropists who found nonprofit organizations to buy and operate their local papers." He notes that one such example exists: Poynter's St. Petersburg Times. ALSO: "More than fearing the death of newspapers -- they will struggle on -- we ought to fear what changing reading and viewing habits are forcing newspapers to think of as news. We shouldn't fault the papers for this, however, any more than we should fault the evening news for going soft or the newsweeklies for their endless lifestyle covers or CNN for its hyperventilating over every weather blip. They're merely providing what their customers are demanding."
