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FTC to Examine Possible Support of News Organizations

• Wall Street Journal

WASHINGTON –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

Comment by Rocky Frisco
Entered on:

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!!!


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