Print news is in trouble. There are many reasons for this that I will not bother getting into (just think of the costs associated with providing papers to residence). The question is what, if anything should be done about it.
The idea of a ‘newspaper bailout’ has been brought up, but quite frankly this makes even less sense then the automakers bailout (and look how that turned out). In many people’s opinion the greatest loss to a society without traditional newspapers would be the loss of investigative journalism (if there were no newspapers, there would be no Watergate uncover). And any financing by the government may cause a conflict of interest (from the organization that should be investigated the most).
Here is a good piece that follows up with this other previous posting.
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