Comment by pessimizer
4 years ago
Non-profits are funded by people (possibly lots of people with a little money, but far more usually a couple of people with a lot of money) who have interests, or by foundations that are funded directly and completely by government. They are not news-as-public-good.
Non-profit doesn't mean "benevolent charity."
This is true, though the point is more that news organisation don't seem to be possible to run as for-profit entities in the long run.
I'm well aware of issues with not-for-profit / NGO organisation and charity:
https://news.ycombinator.com/item?id=27802315