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Outgoing New York Times CEO Mark Thompson thinks there won’t be a print edition in 20 years
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May 16, 2013, 2:22 p.m.
LINK:  ➚   |   Posted by: Joshua Benton   |   May 16, 2013

Now that’s crowdfunding:

The Tribune Company which houses the Los Angeles Times, The Balitimore Sun and The Chicago Tribune (along with many other local newspapers) is up for sale!

The Bad News: The only people who are bidding on it right now are infamous right-wing Billionaires, who are likely to pay something around a $660 Million pricetag to control a big slice of trusted news media.

So let’s pass the hat and raise $660 million ourselves!

Yes, we’re trying to make a point here. And yes, some might say we’re tilting at corporate windmills — but someone’s got to do it. We need to get the conversation on media ownership started. And what if by some freak miracle we do begin to approach the ridiculous sum of $660 Million? (That would be weird, but weirder things have happened – trust us.) What if we really do change the game of Billionaires vs. The Rest Of Us? It can’t hurt to try, can it?

In Short: This Could Be a Game-Changer. (Really.)

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