Who's Funding Nonprofit Journalism?

The decline of traditional metropolitan objective media outlets has affected the news landscape dramatically. Those outlets were more liberal and less objective than they pretended, and their business model, which relied on advertising, has collapsed as online advertising has soared. This had led to targeted partisan journalism on the left and right, for business as well as political reasons. But while traditional outlets like the New York Times have moved further leftward, they and other national outlets have lost the trust of most Americans, who now place much more trust in state and local...