…as more and more once-affluent magazines and newspapers are going belly up or seeking other ways to finance themselves, I am feeling pretty good about how I decided to finance The American Spectator when I was still a graduate student at Indiana University decades ago. The latest group to go the nonprofit route is the legendary Baltimore Sun. Yes, that 184-year-old newspaper, the fabled home of H. L. Mencken and a dozen or so lesser giants of journalism, will now be owned by the nonprofit Sunlight for All Institute.
Well, The Inquirer has been owned by a nonprofit since 2014, the last year it won a Pulitzer Prize.
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