Quotation by

Eric Alterman

To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad.

Eric Alterman

Age

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For a long time, controlling the main newspaper in a medium-sized U.S. city guaranteed steady and significant profits.

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