Another question raised in the Clay Shirky article is whether the salvation of news is in non-profit status.
People donate money to organizations they believe are consistent with their values. People who would donate to news organizations would do so because they believe those organizations would also be consistent with their values. Non-profit news organizations would take on the values and missions of their donors. This means they would be “biased.” If they were transparent and we had a thriving system of these organizations across the political and philosphical spectrum this might not be a bad thing, but most cities could only support one such organization. A commercial organization, however, responds to public demands, of whatever political persuasion they may be.
Non-profit status doesn’t seem to be the answer.