1 thought on “The Salt Lake Tribune Officially Becomes 501(c)(3) Nonprofit

  1. The Guardian announced a non-profit in 2017 and are famously run by a trust:

    https://www.theguardian.com/gnm-press-office/2017/aug/28/the-guardian-announces-the-launch-of-a-new-us-nonprofit-to-support-story-telling-and-independent-journalism

    Still the situation for media is tough. A lot of smaller magazines whether on the left or on the right were always funded as hobbies/passion projects/charity cases. This is true for The New Republic, the Nation, The National Review, the former Weekly Standard, etc. I suspect it is true for the more intellectual quarterlies like N plus One and Jacobin. The Federalist steadfastly refuses to disclose its funding sources. I suspect they have a lot right-wing rich people funding. Equally so, the London Review of Books is basically funded by their editor who is the heiress to a fortune.

    American newspapers and magazines made most of their money from advertising. This was true from the most mainstream publication to the alt-weeklies like the Village Voice and Boston Phoenix. The only thing that changed was the kind of advertising based on the media and its audience. Or a disconnect. I still suspect that the people who read the Village Voice articles, ignored all the barely innuendo sex work ads which basically funded it.Report

Comments are closed.