Romenesko

New York Times
"I think it would be great if there would be more of them," says former Los Angeles Times editor John Carroll. The paper, owned by the Poynter Institute, doesn't need to push for profit margins exceeding 20% -- a benchmark at some public newspaper chains. Instead, it can spend money on big investigations and on innovative products that may hurt the bottom line in the short term but may pay off handsomely in the future, writes Clifford Krauss.