>the function newspapers are intended to serve isn't to generate profits, nor even to be cost-effective By disclaiming profit you're ditching both the measurin

>the function newspapers are intended to serve isn't to generate profits, nor even to be cost-effective By disclaiming profit you're ditching both the measuring tool, and also the motivation. With profit motive gone, the "long term greedy" investors who wants to build out wide & stable business over decades, to ensure safe retirement & good future for children go elsewhere, and instead replaced by vultures circling the last few scraps of value. With profit motive gone, the well prepared, diligent, and knowledgeable journalists go elsewhere, and their roles get filled in with inexperienced, energetic activists, who get "paid" with access to audience to perform activism on. Which is exactly what we see presently among the big names in online news.