Author advocates nonprofit newspaper ownership

With Knight Ridder dismantled and the Tribune company on its way to the chopping block, at least one writer has brought up the idea of nonprofit newspaper ownership. I've advocated this idea for some time and am glad to see others advocating it as well. Here's an extract:

"In that case, if some rich person is looking for a legacy and immortality, what better way than to buy a newspaper and set it up so that it will always be independent? Hey, it could be more rewarding than owning a local sports franchise."

Link to Chicago Tribune article (registration required)