Capital and Control: Consequences of Different Forms of Newspaper Ownership

Abstract Debates over the effects and efficacy of different forms of newspaper ownership are rising. This article elucidates the debates by exploring private, public, not-for-profit, and employee ownership using economic and managerial theory about ownership and control of enterprises. It shows the managerial and economic conditions that emerge under the different forms of ownership, their implications, and the advantages and disadvantages of each. The article concludes that there is no perfect form of newspaper ownership.