Here’s an idea for newspaper finance that’s been going around. It’s a new kind of corporation (in the U.S.) that’s a cross between a for-profit company and a nonprofit organization.
Check out this piece.
The L3C is allowed in Vermont and Illinois (where it’s being put to use for a new journalism project), but I don’t know whether Connecticut has such a provision.
Could it be a viable tool for some of the smaller news outlets that have been popping up lately?