From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
You should not waste any time to reinvent journalism, nor spend any money on this subject, nor raise any taxes to bail out the industry. Let the free market work in media and journalism. Any interference by the federal government is rife with risk to show favoritism to one viewpoint over another. Just to be perfectly clear: 1. Stay out of journalism. 2. Do not waste taxpayer money on funding any bailout of newspapers, journalists, or radio stations. 3. Do not raise taxes for any journalism purposes. 4. Let the free market work - if a publisher can't sell newspapers, then they should go out of business.