Non-profit status the savior for newspapers? Fat chance!

Island Turtle ^ | March 25, 2009 | Corky Boyd

[Corky Boyd]

Maryland Senator Benjamin Cardin has proposed legislation to allow newspapers to be classified as non-profit entities (technically a “Low Profit Limited Liability Corporation” or L3C). Non-profit status for newspapers has been the hot buzz in the trade press for the past several months and is supported

[Teacher317]

I’ve long advocated that they become non-profits, just to get the profit incentive out... in the hopes of getting actual, unbiased, and unfiltered information out to the population.

[GeronL]

I’ve long advocated that they become non-profits, just to get the profit incentive out... in the hopes of getting actual, unbiased, and unfiltered information out to the population.

They will be more liberal than ever. think NPR

[ZirconEncrustedTweezers]

They’re losing money, so in a sense they’re already “non-profit”.

[Obamageddon]

Works pretty well at shutting up and emasculating the Church.