Showing posts with label Warren Hellman. Show all posts
Showing posts with label Warren Hellman. Show all posts

Wednesday, 13 May 2009

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.

Monday, 11 May 2009

A possible benefactor

Late last week, I wrote a story for the San Francisco Business Times on an effort by S.F. financier Warren Hellman to help reinvent journalism in the Bay Area, and possibly beyond. He's still in the midst of investigating possible options. Here's the link: http://tinyurl.com/pur5y8

Interesting that even an ultra-successful financier has discovered that finding new financially sound paths for journalism is harder than it looks in the Internet era.