Economic Principals
"It simply defies the logic of cities that the Chicago Tribune should own the Los Angeles Times, or The New York Times should own the Boston Globe," says
David Warsh. "Newspapers in powerful cities should be locally owned by persons, typically families, involved in their hometown's affairs. Otherwise, they wilt." WARSH SEES NEWSPAPERS OF THE FUTURE: They'll be smaller, fewer in number, nimbler, quicker than they were before. They'll be more expensive, too, and read by fewer people.
