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"I do think that the quality which makes a man want to write and be read is essentially a desire for self-exposure and is masochistic. Like one of those guys who has a compulsion to take his thing out and show it on the street." - James Jones
Who Said There Was No Money In Journalism?
(featured above: Arthur Sulzberger Jr. at the podium and Newseum President Peter Prichard, seated. Photo credit: Newseum/Sam Kittner)
As we teased yesterday, the Newseum announced a major contribution to their museum yesterday.
Each of the donors will become a founding partner of the Newseum, and major galleries/venues will bear their names. According to a Newseum release, the $52 million donors are:
The Newseum gift will go toward a $100 million capital campaign, said Charles Overby, chairman and CEO of the Freedom Forum and the Newseum. The remainder of the $435 million will come from the Freedom Forum foundation. Overby also said he expects other companies and families interested in news media and First Amendment issues to give another $50 million before the end of 2007 as part of the $100 million capital campaign.
What do you think the free gift is with that sort of donation? That better be one sweet tote bag.
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