Study says that nonprofit status for a newspaper is not a cure-all, but makes it less likely to be sold or dismantled by profit-seeking ownership and reduces profit margin expectations: https://nonprofitquarterly.org/2016/06/20/nonprofit-form-no-panacea-for-journalism-but-it-goes-a-long-way/?utm_source=Daily+Newswire&utm_campaign=4eb132cff1-Daily_Digest_23326_20_2016&utm_medium=email&utm_term=0_94063a1d17-4eb132cff1-12442753