IPFS News Link • Media: Print
FTC to Examine Possible Support of News Organizations
• Wall Street JournalWASHINGTON –The head of the Federal Trade Commission said Tuesday the agency will study whether government should aid struggling news organizations, which are suffering from a collapse in advertising revenues as the internet upends their centuries-old business model.
FTC Chairman Jon Liebowitz's comments came during day one of a two-day "workshop" sponsored by the agency that became a forum for arguments among the heads of a diverse array of news organizations over the future of journalism.
Mr. Leibowitz said his agency will examine whether government should change the way the industry is regulated, from making news-gathering companies exempt from antitrust laws to granting them special tax treatment to making changes to copyright laws.
The Federal Communications Commission is already reconsidering rules that prevent a company from owning newspapers and TV stations in a single market.
Mr. Leibowitz said other ideas include extending government subsidies to commercial news organizations, granting them special tax treatment or an exemption from antitrust regulations
1 Comments in Response to FTC to Examine Possible Support of News Organizations
Government propaganda is killing the MSM. Now the government wants to prop up their propaganda mills with our tax money. Not just no. HELL NO!!!