Smith: Bail Out Journalists. Let Newspaper Chains Die.

Elizabeth Green was musing the other day about buying 261 newspapers.

You could, this Sunday, purchase Gannett, the biggest newspaper chain in the country, for a mere $261 million—about a quarter of what Michael R. Bloomberg spent on his presidential campaign.

And Ms. Green, a founder of the nonprofit education news organization Chalkbeat, is one of the few people who may be able to raise the money to pull off a deal like that.

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One thought on “Smith: Bail Out Journalists. Let Newspaper Chains Die.

  • March 31, 2020 at 5:23 am

    Local newspapers in small rural towns in rural America whose majority of readers are elderly will continue to do well. The 55 and older readership doesn’t go online to read newspapers. They want the printed product.


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