Media Beware: Government Is Coming To Your Rescue

Many people are concerned about the future of journalism, and how to help it survive. Now the Federal Trade Commission has gotten into the act.

A 36-page FTC “staff discussion draft” has stirred quite a furor. It collects ideas for how to help the media cope with the financial disaster they’re confronting -- including government subsidies.

Sounds like a bad idea, but government subsidies are nothing new for the news business.

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