Assets Quote by Eli Broad
“I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.”
About This Quote
Newspapers serve the public good; they should be owned by entities focused on civic value rather than profit, preferably local or philanthropic owners.
In simple terms: Civic asset, non‑profit ownership, local control
Key Takeaway
Ownership influences editorial independence
Themes
civic responsibility
media ownership
localism
public interest
philanthropy
Mood
thoughtful
optimistic
Type
opinion
policy
When to use this quote
- small‑town newspaper facing corporate buyout
- foundation considering a media purchase
- wealthy family inheriting a local paper
Key Concepts
media sustainability
community engagement
ownership structure
Practical Applications
- advocacy for nonprofit media models
- policy proposals for local media ownership
Questions to Reflect On
- How does ownership affect news coverage?
- What mechanisms protect local editorial autonomy?
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
