Wednesday, March 25, 2009

Quote, unquote: on letting U.S. papers go non-profit

"We are losing our newspaper industry. The economy has caused an immediate problem, but the business model for newspapers, based on circulation and advertising revenue, is broken, and that is a real tragedy for communities across the nation and for our democracy."
-- Senator Benjamin L. Cardin, D.-Md., speaking to his proposal to allow beleagured U.S. newspapers to operate as not-for-profits.

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