How to save newspapers?

Huffington Post has an interesting piece by Sally Duros on how a new kind of business structure - the L3C - may provide a lifeline to solvency to newspapers.

The L3C is a low-profit limited liability structure that encourages foundation investment while allowing a profit. The idea then is for daily papers to tap into foundation support for sustenance. Her piece is focused on papers in the Chicago area, and she references a bill creating the L3C hybrid introduced to the Illinois legislature Feb. 4 that apparently has good prospects.

For more, click here:
http://www.huffingtonpost.com/sally-duros/how-to-save-newspapers_b_164849.html.