What could possibly go wrong?
Reuters reported:
Waxman, other U.S. lawmakers and regulators are looking into various options to help a newspaper industry hurt by the shift in advertising revenues to online platforms.
Tweaks to the tax code to allow newspapers to spread losses over a greater number of years, providing a nonprofit structure to allow for public and foundation funding, and changes to antitrust laws are being considered by lawmakers and policymakers.
“Eventually government is going to have to be responsible to help and resolve these issues,” Waxman told a conference hosted by the U.S. Federal Trade Commission on the future of journalism.
Via Townhall
Actually, it’s the media that would like gov’t. control (read: money) to save their failing industry. Just more freeloading leftist parasites with their hand out. They just can’t imagine losing their cushy jobs even if no one wants to pay to hear them. They can’t figure out that if they were really doing their jobs maybe they wouldn’t be going bankrupt.
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In about 11 months, Henry will find that government will have a civil intervention. …counting the days.
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“Spread the loss” ???????????
Print media loses readers so the internet has to pay?
What kind of socialist tripe is that?
If the MSM didn’t have their collective head up their butts they would be losing readers.
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