“ If a billionaire was asking me whether investing charitable giving in the media sector was a good idea, I would tell him “yes.” But I wouldn’t tell him to invest in a non-profit newspaper. The smart thing to do would be either to spend money so that existing non-profit media operations—ThinkProgress, the Center for Independent Media, ProPublica, The American Prospect, The Washington Monthly, The Nation, etc.—can add capacity, or else to spend money to create a new non-profit media operation (my suggestion would be a focus on state and local reporting somewhere).
Matthew Yglesias » Home Page
