From Name:
From Email:
To Name:
To Email:

Optional Message:


Will more newspapers go nonprofit?

from From The Atlantic

Three of Philadelphia's most important journalistic resources — its legendary daily newspaper, the Inquirer; its accomplished tabloid, the Daily News; and its main news website, Philly.com — took the first step toward becoming nonprofits. In a complicated transaction, their owner, H.F. "Gerry" Lenfest, donated them to the Philadelphia Foundation, the city's main philanthropic organization. Specifically, he donated the Philadelphia Media Network — which owns the papers and the site — to a new subsidiary of the foundation, called the Institute for Journalism in New Media. He also established a $20 million endowment for the new institute. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063