By Nicole Russell on 4.17.09 @ 6:06AM
Minnesota's most liberal newspaper emits a few last gasps before
going under.
Minnesota's most liberal newspaper, the Star Tribune,
filed for bankruptcy a few months ago. Excuse me while I stop
writing and do the happy dance for a moment. It's not that I wish
the writers, editors, photographers, and other staff of the paper
ill will. On the contrary; I grew up reading the Strib.
Despite its flaws, the paper elicits a bit of childhood
nostalgia. More than that, I don't wish an unplanned job search
on anyone in this economy.
But soon-to-be displaced Strib employees are now
clinging to the sinking newspaper's last life preserver. Earlier
this month, a group of them launched SavetheStrib, a website designed
to help them find a new owner for their "essential community
resource too valuable to lose." In addition to their pleas for
help, they've proposed a new business model, one that Minnesotan
and Hot Air blogger Ed Morissey
said "would certainly set off screeches of class-warfare
howling in the Strib's editorial section if any other
corporation tried it."
The revamped business model is the brainchild of the Minnesota
Newspaper Guild:
The Guild is supporting federal legislation in Washington that
would include newspapers among businesses that offer a "social
benefit" to the community under current Internal Revenue
Service rules. This would pave the way for a unique hybrid
ownership model called an L3C --a low-profit limited liability
corporation -- that qualifies as a charity under IRS rules, but
is operated as a for-profit business.
Perhaps I need a more liberal worldview to read that correctly,
but I believe the Strib would like to make a profit and
then be exempt from paying taxes on it. Who knew that newspapers
were charities rather than businesses?
Clearly, the folks who thought this gem up aren't living in the
reality of a capitalist society. The newspaper is dying in part
because of the difficult economic climate. If they offered a
product that the public wanted, at a price the public is willing
to pay, they would be able to justify the salaries they pay their
staff and the concessions they have given to the unions.
But the other problem is that the Star Tribune wants to
promote a liberal agenda, the opinions and desires of its
readership be damned. Ironically, this mentality is apparent even
on the SavetheStrib website, which helpfully informs visitors:
"While we appreciate comments from all vantage points, this site
is not a forum for political viewpoints. If you have a problem
with the newspaper's content we suggest you write a letter to the
editor or post a comment to the specific article on
startribune.com. We understand that not everyone agrees with what
we produce. However, we are looking for constructive comments.
Thank you."
Rather than change their ways or face the music, the powers
behind this struggling newspaper would rather, in true liberal
form, beg for money or an exception to the laws of corporate
taxation. Ones they've long been in favor of imposing on other
people's businesses.
The Strib is using up its last lifeline. But it's really
been drowning for a while.