Public Option for Press Should Get the Red Pen
The Progress & Freedom Foundation Progress Snapshot, Vol. 6, No. 4, 2009
3 Pages Posted: 3 Jun 2010
Date Written: January 25, 2009
Abstract
A major American industry is struggling. Some are calling for subsidies to prop it up; potentially even a bailout. Assistance for displaced workers is also recommended. And a variety of new regulations are proposed to avoid future calamities.
Is it the auto industry? The financial sector? The housing market?
No, it's the media. With many traditional media providers--newspapers, broadcasters, and others--languishing in the midst of unprecedented marketplace changes and technological upheaval, some regulatory activists are suggesting government should take steps to "save journalism" before venerable news-gathering institutions and reporters are swept away by the ongoing digital tsunami.
Keywords: PFF, communications, policy, regulation, law
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