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Illustration: Aïda Amer/Axios

Media companies are looking to transition into the non-profit world for survival, as non-profits can accept donations while still selling advertising space, like AARP.

Driving the news: A small Quebec newspaper called The Gleaner, facing near collapse, was salvaged by a community that instead worked together to pivot the for-profit media company into a non-profit, Nieman Lab reports.

  • A similar scenario played out in the U.S. last week, when the Salt Lake Tribune became a non-profit so that it could start soliciting donations.
  • "The current business model for local newspapers is broken and beyond repair," said Tribune Publisher and former owner Paul Huntsman."We needed to find a way to sustain this vital community institution well beyond my ownership, and nonprofit status will help us do that."

Yes, but: While non-profits like AARP and Smithsonian have major media presences, others have struggled to maintain strong media footprints.

  • The Center for American Progress, for example, shut down its media outlet ThinkProgress earlier this year.

Go deeper: The Boomers' media behemoth

Go deeper

The biggest headline from Biden's town hall

President Biden greets attendees during a commercial break in Baltimore last night. Photo: Nicholas Kamm/AFP via Getty Images

What matters from President Biden's town hall with CNN's Anderson Cooper at Baltimore Center Stage on Thursday, via Axios night owl Hans Nichols:

The biggest headline: Biden is jettisoning the corporate tax increases that White House officials have insisted, for the past 10 months, are wildly popular across the country. He admitted he doesn't have the votes.

Trump, your 2024 GOP nominee

Illustration: Shoshana Gordon/Axios

Former President Trump is telling most anyone who'll listen he will run again in 2024 — and poll after poll shows the vast majority of Republicans would gladly cheer him on and vote for him. 

Why it matters: Trump is the heart, soul and undisputed leader of the Republican Party and will easily win the nomination if he wants it, the polls make unmistakably clear.

Ina Fried, author of Login
1 hour ago - Technology
Column / Signal Boost

How smartphone cameras became the best cameras

Illustration: Sarah Grillo/Axios

For years, the smartphone has been the most convenient camera, and in recent years it has also become the easiest and most versatile camera. But this year's high-end smartphones have taken things to a new level — capturing images that would be either tough or impossible even with a high-end digital camera.

Between the lines: Traditional cameras have the advantage of bigger sensors and better lenses, but smartphone cameras are rivaling and even surpassing them by tapping computational power.