More interest by tycoons in nonprofit news

This Business Times story piggybacks onto the Newsweek story today about David Geffen's reported interest in buying a stake in the New York Times and possibly converting it to a nonprofit: http://tinyurl.com/ql76yj

Fascinating that billionaires like Geffen and San Francisco's Warren Hellman are so interested in the fate of journalism, even though the business metrics are looking so grim.