News You Can Endow.

The advent of digital media has caused a serious decline in the world of print publication. With general readership down in addition to the current recession, most newspapers will not weather the economic storm. Many have already filed for bankruptcy. One possible way to save newspapers would be to turn them into endowed non-profit institutions, like colleges or museums. The elimination of advertising revenue would free them from the political agendas of their clients, thus creating a more fair and balanced press. The trouble is finding enough enlightened philanthropists to do the job.