With their latest round of newspaper acquisitions, Yglesias thinks it’s possible:
[T]he big problem with right-leaning media in America isn’t that it doesn’t exist. It’s that it’s terrible. There is a large audience out there that’s so frustrated with the vile MSM that it’s happy to lap up cheaply produced content from Rush Limbaugh and Sean Hannity, and you can make lots of money serving that kind of thing up. By contrast, to build a great media company that’s top-to-bottom staffed with conservatives is going to be very expensive.
Expressing skepticism about the possibility of a “pro-business conservative media chain”, Garance Franke-Ruta explains a big reason why newspapers frequently lean liberal:
The main reason is that all major U.S. newspapers are based in cities. Cities in America are in the main run by Democrats, because they are populated, by and large, with Democrats, and very often also surrounded by Democratic suburbs. And because cities are run by Democrats, and populated by not only by Democrats but, very often, by liberal, minority, and immigrant Democrats, they tend to have laws on the books that at least formally signal a desire to serve the interests of these voting groups — their residents, let’s call them. …
American newspapers originated as physical objects designed to be distributed in defined, geographically constrained regions. They originated as urban creations because only in urban areas was there enough commerce, enough politics — enough news — for them to grow, and enough readers to make them strong. There are newspapers based in rural areas, but it is hard for them to grow large, both because of the lack of regional news, and because of the difficulty of getting the physical object of the paper to enough people to scale it.
The Dish 