And the Future of Newspapers Is . . .
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D. Eadward Tree
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. . . Sugardaddying.
Our latest Publishing Word of the Day describes the most successful tactic of late for keeping daily newspapers afloat: Purchase by a millionaire or, preferably, a billionaire.
Motives for sugardaddy buyouts of struggling newspapers range from civic mindedness to a craving for the spotlight to a desire to sway local news coverage.
Often mixed in is
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