#Journalism #MediaOwnership #NewsIndustry
www.businessinsider.com
Billionaires like Jeff Bezos can save The Washington Post until they decide they won't. We need a better model.
News outlets are in a tough spot, which is why we often want billionaires to buy them. Now we see the downside, too.
They are brutal for the paper's readers, who lose crucial coverage like sports and international reporting.