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Saturday, March 14, 2009

 

Government Aid ... for Newspapers?


Graphic by TJ Sullivan
MediaFile at Reuters lists several different attempts at providing government aid for newspapers, which sounds a little like the Woodsman taking a loan from the Big Bad Wolf.

Watch out, Red.

Here's a snippet from Robert MacMillan's post:
The last time I mentioned the word “bailout” in connection with newspapers, I caught my fair share of flak from the conservative blogosphere for even entertaining the notion. I also caught a few rounds from Connecticut lawmakers who thought that I was suggesting their attempt to help secure tax breaks for struggling newspapers amounted to a bailout.

Having said that, it looks like Washington state is getting into the aid game as Hearst Corp weighs killing its Seattle Post-Intelligencer newspaper.

Read the rest at Reuters.

*Cross posted at Know Newspapers.

— TJ Sullivan in LA

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