J B D'Souza on Journalism and Profit

An extract:

It is, of course, possible for publishers to argue that theirs is a business like any other; they are in the business to maximise profit and that profits come not from news of events and analysis of them, not from readers’ satisfaction, but from advertisements, and advertisers have to be kept happy. The fact is that the press is not a business like any other; it is much more. Its prime responsibility is to its readers, a responsibility to inform. It is for this reason that it enjoys the freedom protected by the Constitution. The lust for money must not be allowed to obscure this advantage. “As editors collude ever

The rest here.