Romenesko

Chicago Tribune
Alicia Shepard says the Knight Ridder and Tribune sagas suggest that it might be time to explore an alternative to publicly owned newspaper companies, a model that no longer seems to work. "If some rich person is looking for a legacy and immortality, what better way than to buy a newspaper and set it up so that it will always be independent? Hey, it could be more rewarding than owning a local sports franchise."