Word: profiteered
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...That this deal is being negotiated without the consultation of the paper’s editors is a travesty, and it should be stopped. Student writers and editors know best in deciding a paper’s future, and their wish to remain a student-run, non-profit paper must be respected...
...learned that the university president had been secretly meeting with representatives from a local paper, The Coloradoan, to discuss what school officials have billed as a “partnership” between the two papers. But what they call a partnership is really an acquisition of the non-profit Collegian by Gannett, the for-profit publisher of The Coloradoan. Gannett, best known for USA Today, is America’s largest newspaper publisher and already owns two student newspapers in Florida, though those were for-profit and independent from their college prior to Gannett’s acquisition...
...Regardless of the motive, the corporate acquisition of the Collegian bodes poorly for its future. The student press loses its characteristic vitality and pedagogical power when it is regarded merely as a limb of a profit-minded corporate leviathan...
...More likely, however, this change will restrict the Collegian’s editorial independence and limit valuable leadership opportunities for CSU students. Gannett’s prior acquisition of two student papers in Florida admittedly caused little changes to the leadership structure, but those papers were already for-profit. The Collegian, on the other hand, would be more vulnerable to change: It’s hard to imagine that Gannett, beholden to its shareholders, could afford to allow independence to a newspaper whose editorials have pushed the limits of the First Amendment’s protections...
...Like rats jumping off the sinking ship of the professional print business, it seems inevitable that more media publishers will hunt for profit at college papers in the near future. But we, current and future leaders in student journalism, must stand our ground and ward off corporate vultures to keep the student press as it was intended to be—run by students...