It doesn't matter which is more important. Two things can be important. The distinction is important precisely for the reason why you think it might not be go

It doesn't matter which is more important. Two things can be important. The distinction is important precisely for the reason why you think it might not be good for NYT to be legally considered a PAC instead of a newspaper. We have different regulations for different types of organizations. Which one you fall under matters. If it helps, Fox News is in the same boat as NYT here. They are both PACs pretending to be journalism.