"[[w:Alexander Lebedev|[Alexander] Lebedev]] may not require profits. He may be willing to subsidise quality newspapers in return for the voice in national affairs they offer. If that is his ambition, he will be embracing a tradition that has endured throughout the democratic era. 19th- and early 20th-century examples of subsidy by political parties and departments of state suggest that subsidy by wealthy individuals may harm democracy less than subsidy by the state. A durable alternative to market distortion by oligarchs could only be achieved through restrictive laws on media ownership. Such laws rarely protect freedom and, even at this time of unprecedented chaos and despondency in the news industry, such legislation should not be conceived in haste."
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"What next for the Independent?", The Guardian (8 January 2010)
https://en.wikiquote.org/wiki/Tim_Luckhurst
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Tim Luckhurst
Timothy Colin Harvey Luckhurst (born 8 January 1963) is a British journalist, academic, principal of South College of Durham University and an associate pro-vice-chancellor. Between 2007 and 2019 he was professor of Journalism at the University of Kent, and the founding head of the university's Centre for Journalism.
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