Bill Frezza

Dead Fish Wrappers Push For "Journalism Tax" to Subsidize Failing Business Model

Great article at RealClearMarkets about how newspapers want us to subsidize them because their business model is failing so miserably.

Have you ever stumbled on an oxymoron so stunning that it takes your breath away? Try coupling this with a case of chutzpah so revealing that the lack of shame on the part of those involved serves as prima fasci evidence that their elite cultural isolation has rendered them incapable of critical thinking.

Behold the "Independent Journalism Tax."

In order to preserve independent journalism in the age of the Internet, a national Fund for Local News should be created with money the FCC now collects from or could impose on telecom users, television and radio broadcast licensees, or Internet service providers.

This is the key recommendation buried on page 91 of a 100 page report issued last week titled "The Reconstruction of American Journalism" by Leonard Downie, Jr. Vice President of the Washington Post, and Michael Schudson, a professor at the Columbia School of Journalism.

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Great article at RealClearMarkets about how newspapers want us to subsidize them because their business model is failing so miserably.

Have you ever stumbled on an oxymoron so stunning that it takes your breath away? Try coupling this with a case of chutzpah so revealing that the lack of shame on the part of those involved serves as prima fasci evidence that their elite cultural isolation has rendered them incapable of critical thinking.

Behold the "Independent Journalism Tax."

In order to preserve independent journalism in the age of the Internet, a national Fund for Local News should be created with money the FCC now collects from or could impose on telecom users, television and radio broadcast licensees, or Internet service providers.

This is the key recommendation buried on page 91 of a 100 page report issued last week titled "The Reconstruction of American Journalism" by Leonard Downie, Jr. Vice President of the Washington Post, and Michael Schudson, a professor at the Columbia School of Journalism.

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