AAN's Executive Director Defends Ad-Only Revenue Model

february 23, 2009  01:50 pm
In a recent TIME cover story on the crisis facing journalism, former CNN CEO Walter Isaacson argued that newspapers that relied only on advertising for revenue were somehow more beholden to advertisers than readers. "It is telling that on the subject of the advertising-only revenue model, which Isaacson says is 'completely beholden' to advertisers, he turns to the opinions of Henry Luce, who has been dead for more than 40 years," Richard Karpel writes in a letter to the editor. He goes on to say that AAN's members "have generally written more critically of business -- and sometimes their own clients -- than most paid publications."