Reader Owned #
June 16th, 2008 | In Worth Considering
Speaking of newspapers, Felix Salmon defends Alfonso Serrono interesting idea for ownership of the New York Times (or any paper):
Personally, I think this is a really good idea: give every print subscriber one Class B voting share of NYT stock, and then give them one more share every three months thereafter, assuming their subscription is still in good standing. The securities would automatically convert to Class A shares if they were sold or transferred, or if the subscriber let his subscription lapse.
(via Snarkmarket)
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