Wednesday, July 22, 2009

Boston's black paper less independent after taking city loan

Ed Weintrob writes:

Not to judge what's going on in Boston, but who is without sin here? If a 200G loan will buy that publisher's soul, what about the rest of us? A whole lot of papers have taken a lot more than that, and never have to pay it back (except maybe in their news pages or editorial columns).

Going back perhaps to Ben Franklin, newspapers were subsidized by Second Class Postage rates, to the disadvantage of new media (20 or 30 years ago, that would have been free newspapers).

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