Journalism’s New Patrons: Newspapers deepen embrace of philanthropy

“After following news business models for 10 years, I’m not discounting the possibility that nonprofit news will grow a good deal more–not after seeing Anne Galloway build a $1.5 million-a-year news nonprofit in Vermont, not after watching Evan Smith show what a Texas-sized nonprofit can do ($7 million annually), not after seeing Gerry Lenfest remake the Philadelphia newspapers into a nonprofit giant.”