The traditional ideal is that editors and journalists exercise a freedom of practice that owners don't intefere with, much the same as the academic freedom tenu

The traditional ideal is that editors and journalists exercise a freedom of practice that owners don't intefere with, much the same as the academic freedom tenured professors are traditionally given at universities. In practice, that's of course not the case (in either domain), but it predictably makes front page news when an owner acts too egregiously domineering.