> If a media outlet has a self-sustaining profitable business model
Take a look at who owns The Guardian:
https://en.wikipedia.org/wiki/Scott_Trust
In 1992, the Trust identified its central objective as being the following:
- To secure the financial and editorial independence
of The Guardian in perpetuity: as a quality national
newspaper without party affiliation; remaining faithful
to liberal tradition; as a profit-seeking enterprise
managed in an efficient and cost-effective manner.
The Trust sees its main functions as being the following:
- To secure the Trust's own continuity by renewing its
membership and by dealing with threats to its existence;
- To monitor the organisation, financial management and
overall strategy of the Group, holding the board
accountable for its performance;
- To appoint and 'in extreme circumstances' to dismiss
the editors of The Guardian and The Observer,
- To act as a 'court of appeal' in the event of any
dispute between the editorial and managerial sides of
the operation.
This is why I religiously read and pay for the Guardian. They still run massive losses but I do what I can - they're the best news source I've found by far.
Take a look at who owns The Guardian:
In 1992, the Trust identified its central objective as being the following:- To secure the financial and editorial independence of The Guardian in perpetuity: as a quality national newspaper without party affiliation; remaining faithful to liberal tradition; as a profit-seeking enterprise managed in an efficient and cost-effective manner.
The Trust sees its main functions as being the following:
- To secure the Trust's own continuity by renewing its membership and by dealing with threats to its existence;
- To monitor the organisation, financial management and overall strategy of the Group, holding the board accountable for its performance;
- To appoint and 'in extreme circumstances' to dismiss the editors of The Guardian and The Observer,
- To act as a 'court of appeal' in the event of any dispute between the editorial and managerial sides of the operation.