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> to ensure no commercial interest could interfere with the paper. How do they explain their taking ads, then? https://advertising.theguardian.com https://adv
by facile3232 2y ago
> to ensure no commercial interest could interfere with the paper.
How do they explain their taking ads, then? https://advertising.theguardian.com https://advertising.theguardian.com
There's zero assurance that they could provide that would convince me this doesn't come with influence over editorial matters. It's the same problem NPR has (shoutout to the 'old "National Petroleum Radio" moniker from the invasions of the oughts).
EDIT: you -> they
- protocolture 2y agoWell theres not going to be shareholder direction to conform to advertisers wishes. And assuming the trust is well funded, they may not feel compelled to do so. That said, its very possible for not for profit entities to go very wrong so you cant rule it out absolutely.
- facile3232 2y agoFair enough, the trust is certainly a stronger demonstration of commitment than most can offer.
- xenophon 2y agoUniversities with large endowments still charge tuition. The available proceeds from appreciation of the trust may not be enough to cover their operating expenses.
- facile3232 2y agoUniversities aren't exactly a great model of freedom from private interests. And it's not clear why many of them do still charge tuition—i just assumed it was some effort to emphasize classism in a world where they also want to look gracious for paying for poor people. And believe me, for the colleges I examined this at, tuition was a rounding error compared to the return on the endowment. It is just for aesthetics of charging students in a uniquely american show of stupidity.
- vidarh 2y agoThe paper is required to operate on a commercial basis, but the trust ensures that they can always afford to say "no" to anyone trying to influence editorial matters, and indeed The Guardian has operated at significant losses at times.