Posted on 01/12/2009 9:09:11 AM PST by Victory111
Connecticut is considering a bailout for local papers. But government assistance always comes with a catch. In the case of government aid of newspapers, it will destroy the ability of those papers to function as watchdogs. As journalism professor Paul Janensch told Reuters, “You can’t expect a watchdog to bite the hand that feeds it.” That’s why the news out of Connecticut is very disturbing.
Two small-town papers have been in danger of being shut down because of decreasing revenue and poor management decisions. Journal Register Corp. recently had to sell the two papers, The Bristol Press and The (New Britain) Herald. Without a buyer, the alternative would have been to close the papers.
(Excerpt) Read more at crossactionnews.com ...
Now that's just funny.
IMO (and probably the “O” of most here), a newspaper bailout is the first step down the road to a state-run news agency. Not that we would see much difference compared to most of the major privately-owned newspapers in this country...
We all knew this was coming. After the initial bailout, FReepers began predicting that the auto companies and newspapers were next, and voila, we were right.
PLEASE, let them go down for the count
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