By: Tony Biasotti | CJR
It’s a buyers’ market for newspapers. The long, secular decline in advertising revenue has brought an even sharper decline in newspaper valuations. And now, it’s bringing interest in new ownership models.
In San Diego, Malin Burnham, an 87-year-old retired real estate mogul, confirmed last fall that he was pursuing a plan to bring U-T San Diego, the city’s daily, under nonprofit ownership.
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