Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more

Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more

If the basket falls, at least there are some other eggs on hand that might not break. Iryna Veklich/Moment via Getty ImagesYou’ve probably heard the adage about not putting all your eggs in one basket. It’s an especially meaningful one for newspapers. For decades, they relied heavily on advertising revenue. That arrangement stopped working about 20 years ago, as audiences moved online and advertisers followed. News media outlets moved online as …