PHILADELPHIA — The owner of The Inquirer, the Philadelphia Daily News, and Philly.com has donated the news organizations to a newly created media institute, the core of a complicated transaction designed to ensure that quality journalism endures in Philadelphia for generations. The move places the region’s dominant news-gatherers under the auspices of the nonprofit Philadelphia Foundation.…
Jaded pessimist that I am requires me to ponder Mr. Lenfest’s sincerity.