Dean Ridings, CEO of an organization self-absorbedly called America’s Newspapers, thinks it’s a terrific idea that the Federal government (presumably, government at any level) should…subsidize…local newspapers.
The Local Journalism Sustainability Act will provide the local news industry time to continue its transition to a more digital future and to work out a better arrangement, either through legislation or other means, to be paid when Google and Facebook use its content. It is not a permanent handout.
It is not a permanent handout. That’s just risible; Ridings knows better. It would be both a handout and permanent.
And this: time to work out a better arrangement, either through legislation….
Just what we need—a Government Press for the locals: Local Izvestia, Local Russia Today, Local China Daily, Local People’s Daily in the US. Even if the legislative aspect didn’t come to fruition, the strings will be attached to the subsidies from the start.
If the locals want a local press, they’ll have one through a free market. No government funding—which is to say no taxpayers’ money from outside the community, from entirely different States, from clear across the nation—is necessary or even useful.