We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Discourse Blog / Jack Crosbie
/ Jul 10“The Knight Foundation has an endowment of $2.4 billion dollars. Given the margins facing journalism these days, that’s an absolutely absurd amount of money. The Knight Foundation could have bought the Los Angeles Times and San Diego Union-Tribune (sold in 2018 for $500 million) five times over. It could have bought Gawker (sold in 2018 for $1.35 million) almost 2,000 times. Instead, as Gara pointed out, it chose to stay the course, and continue giving money to ‘useless thinkfluency future of journalism nonsense.'” —
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The Knight Foundation
