--- title: "Meaning & Key Takeaway of: I believe that a newspaper is a great…" description: "\"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 re..." image: "https://sms4smile.com/quotes/i/85c/eli-broad-6856_assets_i-believe-that-a-newspaper-is-a-great-ci_54680.jpg" --- # I believe that a newspaper is a great civic asset and that… ![“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.” quote by Eli Broad](https://sms4smile.com/quotes/i/85c/eli-broad-6856_assets_i-believe-that-a-newspaper-is-a-great-ci_54680.jpg) [Download](https://sms4smile.com/quotes/i/85c/eli-broad-6856_assets_i-believe-that-a-newspaper-is-a-great-ci_54680.jpg) [Open image](https://sms4smile.com/quotes/i/85c/eli-broad-6856_assets_i-believe-that-a-newspaper-is-a-great-ci_54680.jpg) > “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.” [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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? ★ ★ ★ ★ ★ No ratings yet [Civics](https://sms4smile.com/quotes/about/civics/) [Family](https://sms4smile.com/quotes/about/family/) [Journalism](https://sms4smile.com/quotes/about/journalism/) [Newspapers](https://sms4smile.com/quotes/about/newspapers/) [Ownership](https://sms4smile.com/quotes/about/ownership/) [Profit](https://sms4smile.com/quotes/about/profit/) [Reason](https://sms4smile.com/quotes/about/reason/) ## Related quotes > [“NEWSPAPER: What great paper is the Earth; what a typeface is the Day; what ink is the Night! – Everyone prints, everyone reads; no…](https://sms4smile.com/quotes/xavier-forneret/newspaper-what-great-paper-is-the-earth-what-a-typeface-is-the-day/) [Xavier Forneret](https://sms4smile.com/quotes/author/xavier-forneret/) > [I regret that after 30 years of writing columns in this market, including ten with this newspaper that I love very much, this local…](https://sms4smile.com/quotes/james-lileks/i-regret-that-after-30-years-of-writing-columns-in-this-market/) [James Lileks](https://sms4smile.com/quotes/author/james-lileks/) > [Three centuries after the appearance of Franklin's 'Courant,' it no longer requires a dystopic imagination to wonder who will have the dubious distinction of…](https://sms4smile.com/quotes/eric-alterman/three-centuries-after-the-appearance-of-franklin-s-courant-it-no/) [Eric Alterman](https://sms4smile.com/quotes/author/eric-alterman/) > [A loss of any kind is horrible. Not because it takes away, but because it makes you believe- in newspapers, in tomatoes, in empty…](https://sms4smile.com/quotes/anosh-irani/a-loss-of-any-kind-is-horrible-not-because-it-takes-away-but-because/) Anosh Irani > [You must never believe what the newspapers say. I stand aghast at the impudence of the lies they contain, things not only false in…](https://sms4smile.com/quotes/anna-brownell-jameson/you-must-never-believe-what-the-newspapers-say-i-stand-aghast-at-the/) [Anna Brownell Jameson](https://sms4smile.com/quotes/author/anna-brownell-jameson/) > [“Though it’s hard to believe now, newspapers were once the envy of the business world. Through the eighties and nineties, 20, 30, even 40…](https://sms4smile.com/quotes/astra-taylor/though-it-s-hard-to-believe-now-newspapers-were-once-the-envy-of-the/) [Astra Taylor](https://sms4smile.com/quotes/author/astra-taylor/) > [To me, money is a means to do good. I reached a point in my life where I had enjoyed tremendous business success that…](https://sms4smile.com/quotes/eli-broad/to-me-money-is-a-means-to-do-good-i-reached-a-point-in-my-life-where/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in big cities invaluable because…](https://sms4smile.com/quotes/nassim-nicholas-taleb/work-hard-not-in-grunt-work-but-in-chasing-such-opportunities-and/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [I've had an addiction for a long time to the whole business of maximizing one's potential, what I call human activation. The vehicle for…](https://sms4smile.com/quotes/padgett-powell/i-ve-had-an-addiction-for-a-long-time-to-the-whole-business-of/) [Padgett Powell](https://sms4smile.com/quotes/author/padgett-powell/) > [Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society.…](https://sms4smile.com/quotes/paul-samuelson/our-ideal-society-finds-it-essential-to-put-a-rent-on-land-as-a-way/) [Paul Samuelson](https://sms4smile.com/quotes/author/paul-samuelson/) > [Owning a business is NOT about working your ass off for the sake of trying to squeeze out a living. It is NOT about…](https://sms4smile.com/quotes/mike-michalowicz/owning-a-business-is-not-about-working-your-ass-off-for-the-sake-of/) [Mike Michalowicz](https://sms4smile.com/quotes/author/mike-michalowicz/) > [Engage, educate, equip, encourage, empower, energize, and elevate. Those are the methods for maximizing the potential of any individual, team, organization, or institution for…](https://sms4smile.com/quotes/tony-dungy/engage-educate-equip-encourage-empower-energize-and-elevate-those-are/) [Tony Dungy](https://sms4smile.com/quotes/author/tony-dungy/) > [If you want to have a lasting influence upon the world, you must invest in people's lives; and if you want to maximize that…](https://sms4smile.com/quotes/george-barna/if-you-want-to-have-a-lasting-influence-upon-the-world-you-must/) [George Barna](https://sms4smile.com/quotes/author/george-barna/) > [Always see beyond your limits then Invest in yourself, never sell yourself short on dreams that you know you truly want; it is easy…](https://sms4smile.com/quotes/kemmy-nola/always-see-beyond-your-limits-then-invest-in-yourself-never-sell/) [Kemmy Nola](https://sms4smile.com/quotes/author/kemmy-nola/) > [For the utilitarian, there is a fact of the matter about the good (the general happiness, or whatever conception of the good the utilitarian…](https://sms4smile.com/quotes/allen-w-wood/for-the-utilitarian-there-is-a-fact-of-the-matter-about-the-good-the/) [Allen W. Wood](https://sms4smile.com/quotes/author/allen-w-wood/) ## More by Eli Broad > [If you ask why I do what I do - I want to make a difference. I don't just want to maintain the status…](https://sms4smile.com/quotes/eli-broad/if-you-ask-why-i-do-what-i-do-i-want-to-make-a-difference-i-don-t/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will…](https://sms4smile.com/quotes/eli-broad/museums-do-not-share-their-collections-with-other-museums-unless-they/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Collectors become obsessive and then addicted. You become addicted to art and you can't live without it.](https://sms4smile.com/quotes/eli-broad/collectors-become-obsessive-and-then-addicted-you-become-addicted-to/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [I've got a big ego, I admit it; I'm ego-driven.](https://sms4smile.com/quotes/eli-broad/i-ve-got-a-big-ego-i-admit-it-i-m-ego-driven/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [It's critical that states improve how teachers are trained, recruited, evaluated, compensated, advanced, and retained.](https://sms4smile.com/quotes/eli-broad/it-s-critical-that-states-improve-how-teachers-are-trained-recruited/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [The best move you can make in negotiation is to think of an incentive the other person hasn't even thought of - and then…](https://sms4smile.com/quotes/eli-broad/the-best-move-you-can-make-in-negotiation-is-to-think-of-an-incentive/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Artists rarely do the same thing over and over again. Art is about the new, doing things in a new way.](https://sms4smile.com/quotes/eli-broad/artists-rarely-do-the-same-thing-over-and-over-again-art-is-about-the/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [People would rather have art or gold instead of paper money.](https://sms4smile.com/quotes/eli-broad/people-would-rather-have-art-or-gold-instead-of-paper-money/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [School boards are, for the most part ,made up of political wannabes who see a board seat as a stepping stone for political office,…](https://sms4smile.com/quotes/eli-broad/school-boards-are-for-the-most-part-made-up-of-political-wannabes-who/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [In high school, I would drive my teachers batty. They would make a statement, and I would say, 'Why is that?' They didn't want…](https://sms4smile.com/quotes/eli-broad/in-high-school-i-would-drive-my-teachers-batty-they-would-make-a/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [I don't like to spend time in endless meetings talking about stuff that isn't going to get anything done. I have meetings, but they're…](https://sms4smile.com/quotes/eli-broad/i-don-t-like-to-spend-time-in-endless-meetings-talking-about-stuff/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Who you spend your life with-much more so than how you choose to spend it-is the most important decision you can make. Do it…](https://sms4smile.com/quotes/eli-broad/who-you-spend-your-life-with-much-more-so-than-how-you-choose-to/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [To me, unconventional thinking is approaching a problem and asking, 'Why not? Why can't something be done?' If someone can't give me a good…](https://sms4smile.com/quotes/eli-broad/to-me-unconventional-thinking-is-approaching-a-problem-and-asking-why/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Research – and using what you learn from it to analyze every situation – is what separates being unreasonable from being irrational.](https://sms4smile.com/quotes/eli-broad/research-and-using-what-you-learn-from-it-to-analyze-every-situation/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) > [Philanthropy is activism.](https://sms4smile.com/quotes/eli-broad/philanthropy-is-activism/) [Eli Broad](https://sms4smile.com/quotes/author/eli-broad/) [Explore all 97 Eli Broad quotes ](https://sms4smile.com/quotes/author/eli-broad/) ## More Assets quotes > [A great smile is a wonderful asset, but a good heart is pure gold.](https://sms4smile.com/quotes/dolly-parton/a-great-smile-is-a-wonderful-asset-but-a-good-heart-is-pure-gold/) [Dolly Parton](https://sms4smile.com/quotes/author/dolly-parton/) > [Most people put money in their piggy bank. I buy a goose that lays golden eggs over and over again. That's what an asset…](https://sms4smile.com/quotes/robert-kiyosaki/most-people-put-money-in-their-piggy-bank-i-buy-a-goose-that-lays/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [Groupon has some interesting assets.](https://sms4smile.com/quotes/matt-cohler/groupon-has-some-interesting-assets/) [Matt Cohler](https://sms4smile.com/quotes/author/matt-cohler/) > [Developing expertise or assets that are not easily copied is essential; otherwise you're just a middleman.](https://sms4smile.com/quotes/seth-godin/developing-expertise-or-assets-that-are-not-easily-copied-is/) [Seth Godin](https://sms4smile.com/quotes/author/seth-godin/) > [Well I think they broke the mould when they made me and being humble is one of my great assets.](https://sms4smile.com/quotes/larry-hagman/well-i-think-they-broke-the-mould-when-they-made-me-and-being-humble/) [Larry Hagman](https://sms4smile.com/quotes/author/larry-hagman/) > [3 people get stranded on a remote Island A Banker, a Daily Mail reader & an Asylum seeker All they have to eat is…](https://sms4smile.com/quotes/christopher-brookmyre/3-people-get-stranded-on-a-remote-island-a-banker-a-daily-mail-reader/) [Christopher Brookmyre](https://sms4smile.com/quotes/author/christopher-brookmyre/) > [Why doesn't the United States take over the monarchy and unite with England? England does have important assets. Naturally the longer you wait, the…](https://sms4smile.com/quotes/w-h-auden/why-doesn-t-the-united-states-take-over-the-monarchy-and-unite-with/) [W. H. Auden](https://sms4smile.com/quotes/author/w-h-auden/) > [You have great assets if you're a dual-threat, but you still have to throw from the pocket and do all those types of things.](https://sms4smile.com/quotes/marcus-mariota/you-have-great-assets-if-you-re-a-dual-threat-but-you-still-have-to/) [Marcus Mariota](https://sms4smile.com/quotes/author/marcus-mariota/) > [Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into…](https://sms4smile.com/quotes/jose-angel-gurria/regulations-for-international-accounting-and-funding-will-have-to-be/) [Jose Angel Gurria](https://sms4smile.com/quotes/author/jose-angel-gurria/) > [I think Kwame will be an asset to the Lakers.](https://sms4smile.com/quotes/kareem-abdul-jabbar/i-think-kwame-will-be-an-asset-to-the-lakers/) [Kareem Abdul-Jabbar](https://sms4smile.com/quotes/author/kareem-abdul-jabbar/) > [ \[When I die\], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of… ](https://sms4smile.com/quotes/anthony-bourdain/when-i-die-i-will-decidedly-not-be-regretting-missed-opportunities/) [Anthony Bourdain](https://sms4smile.com/quotes/author/anthony-bourdain/) > [Sourav's greatest asset is his ability to communicate. He is a naturally very confident person. He encourages his team, is a great motivator and…](https://sms4smile.com/quotes/ravi-shastri/sourav-s-greatest-asset-is-his-ability-to-communicate-he-is-a/) [Ravi Shastri](https://sms4smile.com/quotes/author/ravi-shastri/) > [When you consider the sheer magnitude of investable equities to choose from in the world's emerging markets, you realize that finding one that looks…](https://sms4smile.com/quotes/mark-mobius/when-you-consider-the-sheer-magnitude-of-investable-equities-to/) [Mark Mobius](https://sms4smile.com/quotes/author/mark-mobius/) > [I was impressed for the ten thousandth time by the fact that literature illuminates life only for those to whom books are a necessity.…](https://sms4smile.com/quotes/anthony-powell/i-was-impressed-for-the-ten-thousandth-time-by-the-fact-that/) [Anthony Powell](https://sms4smile.com/quotes/author/anthony-powell/) > [If God was the owner, I was the manager. I needed to adopt a steward's mentality toward the assets He had entrusted - not…](https://sms4smile.com/quotes/randy-alcorn/if-god-was-the-owner-i-was-the-manager-i-needed-to-adopt-a-steward-s/) [Randy Alcorn](https://sms4smile.com/quotes/author/randy-alcorn/) Browse all 957 Assets quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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. 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