Newspapers and civic responsibility CHRIS KATTERJOHN Commentary:
Lately, a bunch of wealthy, hotshot CEOs and politicos have made noises about buying some well-known metropolitan daily newspapers that are considered in play. The names are Hollywood producer David Geffen and the Los Angeles Times; retired General Electric CEO Jack Welch and the Boston Globe; and Baltimore civic leaders Walter Sondheim Jr. and Ted Venetoulis and the Baltimore Sun. What’s going on here? The business is dying, isn’t it? Circulation of major dailies has been in a downward spiral…