Saving the media : capitalism, crowdfunding, and democracy / Julia Cage ; translated by Arthur Goldhammer.

"First published as Sauver les medias: capitalisme, financement participatif et democratie (c) Editions du Seuil et La Republique des Idees, 2015"--Title page verso.

Includes bibliographical references (pages 139-153) and index.

"The media are in crisis. Not only the print press but the entire news production chain. Faced with growing competition and inexorably declining advertising revenue, newspapers, radio and TV news operations, and pure Internet players are all in search of a new model. Based on an innovative study of the media in Europe and the United States, this book proposes a new business model, the nonprofit media organization, midway between a foundation and a joint-stock company. This new model would encourage the development of media organizations independent of outside shareholders, advertisers, and government but dependent on their readers, employees, and Internet users. It is a business model designed to meet the challenges of the digital revolution and the realities of the twenty-first century. A debate has begun in which the stakes are nothing less than the future of democracy."--Provided by publisher.

Introduction: For a new form of governance -- The information age? -- The end of illusions -- A new model for the twenty-first century -- Conclusion: Capitalism and democracy.