Newspapers: Forget the ‘public trust’ hooey

The “public trust” aspect of newspapers is a bloated, facile and ultimately incoherent basis for running a newspaper. And the new ownership of the Daily News and Inky give us a chance to abandon the idea. In February, I offered some advice to imaginary investors in our papers. The gist: Let the papers compete with each other, prioritize the day’s events for readers and dominate the local market…READ MORE

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