Part II: The Future of the Press—Nonprofit or Sort of Nonprofit

Rick CohenIn Part I, we examined the emergence of online nonprofit newspapers and nonprofit investigative journalism venues, suggesting a potential new direction for U.S. journalism.  Is the conversion of a for-profit newspaper to a 501(c)(3) public charity an answer for the future survival of newspapers?  Will the legislation introduced by Senator Ben Cardin (D-MD) and Congresswoman Carolyn Maloney (D-NY) help newspapers find their way to becoming nonprofits?

Part I: The Demise of the Newspaper and the Nonprofit Option

Rick CohenIs the nonprofit sector going to be the salvation of the U.S. newspaper industry?  Is it possible that tomorrow’s Charles Foster Kane will find himself running a public charity and asking foundations for grants and loans?  Will local nonprofits soon find themselves competing with entities named Times, Post, and Daily News for foundation largesse?

Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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