Non-Profit Newspaper Model

Small newspaper puts profits into training reporters.

The Ayers family created a not-for-profit foundation. Over time, the holdings of the Ayers family in the publishing company will be turned over to that trust. The company's earnings will be used to run the paper, and its dividends will help pay the cost of teaching the students. The Knight Foundation has contributed $1.5 million to the project.

[snip]

Ultimately, it will be a dozen students reporting -- and learning -- in the newsroom. They won't have to pay tuition, and they'll receive modest monthly stipends, plus a bonus to subsidize a job hunt.

This appears to follow much the same business model as the Cardinal: a non-profit structure where any financial gain is reinvested in the newsroom. It's a brilliant idea and something for the Madison community to consider.

From The Cardinal's New Editor In Chief

Cardinal Alumnus Milewski Covers Badger Frozen Four

Former Daily Cardinal sports editor Todd Milewski, writing in The Capital Times:

MILWAUKEE - The shifts were seismic, providing boosts at critical times.

Twice Thursday night, the University of Wisconsin was in a precarious situation in a high-pressure environment. Twice, the Badgers responded with a momentum-changing goal to ignite their team and an already charged Bradley Center audience.

The reward? "We get to play in the last game," Badgers winger Ross Carlson said.

It was Carlson who figured into both of those turning-point plays, scoring a second-period shorthanded goal to break a tie and helping set up a Maine momentum-stuffing score in the third to produce a 5-2 victory over the Black Bears in front of 17,691 in the national semifinals.

Wisconsin's Robbie Earl (10) and Joe Pavelski (8) celebrate Adam Burish's goal in the first period of the NCAA Frozen Four semifinal in Milwaukee. Joining the celebration at far left is Josh Engel (6).

Now, there's just one more victory between Wisconsin and a sixth national championship after a series of pivotal moments that gave the Badgers a title-game matchup Saturday against Boston College.