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November 23, 2009
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Ear to the Ground

Newspaper Bailout? Maybe, but Don’t Hold Your Breath

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Posted on Sep 21, 2009
Flickr / David Boyle

A collage of newspaper pages reporting the 2008 election of Barack Obama. Click to expand.

President Obama says the kind of journalism done by newspapers is “absolutely critical to the health of our democracy” and he’s “happy to look at” proposals to save “fact-based reporting.” But don’t expect the newspaper-junkie-in-chief to break out the keys to the bailout vault anytime soon.

With trillions already thrown at the banks, billions spent on the auto industry and a potentially costly health care bill to push through, the president is unlikely to look for new and interesting ways to expand the deficit. Unless you count Afghanistan.  —PS

Toledo Blade via The Hill:

“What I hope is that people start understanding if you’re getting your newspaper over the Internet, that’s not free and there’s got to be a way to find a business model that supports that.”

Several bills have been introduced in Congress to aid the newspaper industry, including a Senate measure that would allow newspaper companies to restructure as nonprofits with a variety of tax breaks. The President was noncommittal about the legislation but said: “I haven’t seen detailed proposals yet, but I’ll be happy to look at them.”

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By kaydog, October 26 at 6:07 pm #
(Unregistered commenter)

I grew up reading the Washington Post and Washington Star in Washington DC. Those were the days of Watergate and Investgative Journalism. You found news FIRST in the paper, and you could believe what you read! Contrast that era with the run-up to war in Iraq, when no dissenting voices could be found in the papers or on television. Look at the coverage of the last Presidential Election campaigns, where nothing critical of Obama was ever seen in any mainstream media outlet (‘thrill up my leg’). Look at the New York Times reportage of the recent tax protest demonstrations in Washington DC. The BBC and other independant agencies estimated crowds of anywhere from 150,000 to a half million protestors. The NY Times headline? ‘Thousands March’. So , too, did the Washington Post report ‘thousands’ marching. Well, the marchers sent their message, and so did the newspapers. THEY have become corporate flacks enlisted to voice whatever opinion their bosses have arranged for them to parrot, so WHO is going to take them as credible sources? Of COURSE the papers will get a govt handout ‘for a job well done’, but they have alienated fully half their readership by their current actions. I still get the daily paper, but it’s for the coupons, and nobody in my house, conservative or liberal, has been seen reading the front page for news for months. The paper sits where I leave it ‘post-coupons’ without being touched until I throw it away. That, in the final analysis, is the best forcaster of the future of the newspaper industry that I can offer. When those who have it no longer trust, need, or use it, what future CAN it have?

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By ardee, September 22 at 5:34 pm #

Saddler, September 22 at 2:22 pm

Fifty percent of NPR funding is from the listening community. The other half from govt. via the Corporation for Public Broadcasting.

What I love about listening to NPR is their scrupulous middle of the road reportage, always giving all sides to the story and allowing a thinking audience to make up their own minds about issues.

Which is exactly what some pinheads on the left hate about it. Yup, the left has ‘em too…..One is free to listen to Pacifica Radio for left wing slants on news, and I do listen, especially to Amy Goodman..

The good thing about spending ones day in a tractor is that radio…..

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By Saddler, September 22 at 2:22 pm #

We already have great public sources for national news, like NPR and BBC. If anything, the corporation for public broadcasting could be given a boost to get rid of some of that corporate underwriting, and provide more local programming.

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By Reality, September 22 at 2:17 pm #
(Unregistered commenter)

We need to make a thorough examination of the editor class, a perusal of their “objectivity” in the selection and coverage of stories that are “fit to print.”

Like other media industries there has been a constant recycling of the same brand thinkers, general deference to authority and power, and predilection to promoting lunatics of the right wing fringe, belying any “liberal media” attributions. To wit,Beck’s sagelike like puss on the cover of Time magazine, which some snarky editor(s)views as harmless parody, laced with sadism.

Did we mention the fourth republic, the eyes, ears, and nose of the nation, becoming deaf, dumb, and blind to disasters present and future while pretending to be on watch?

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By Rodger Lemonde, September 22 at 2:16 pm #
(Unregistered commenter)

Journalism isn’t very popular with those who value power
above all else.
The loss of newspapers, traditionally responsible for in
depth investigative journalism will not be lamented in the
halls of power.
Where once newspapers provided news, they are now history by
the time they are read as opposed to what passes for news on
TV and the internet. This and the tendency of electronic
media to fade rapidly is a favorite for those who habitually
avoid accountability.
The demise of our traditional free press opens opportunities
for the rich and powerful to field propaganda publications
that have the look and feel of newspapers with out the
responsible and independent content.
The plight of newspapers and a free press will have little
hope of a bail out. I hope that alert minds and a sense of
justice will find a safe harbor for journalism on the
internet.

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By herewegoagain, September 22 at 11:33 am #
(Unregistered commenter)

ardee, well said. A financial bailout to mainstream news media won’t do a darn thing to improve the quality of content or to advance real fact-finding (and reporting!) journalism.

I do hope that Obama supports other initiatives to cultivate a truly free press, like breaking up the media monopolies we have now. We shall see.

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By G.Anderson, September 22 at 9:44 am #

The News Industry, print as well as Network News is in serious trouble, almost everyone agrees on this point, but now that we’ve diagnosed the disease, we really have to try to understand it’s etiology.

For decades, the news media, have been run by media corporations, who have done their very best to ignore news, and have turned away from actually putting news in print or on T.V..

Instead we have endless stories about puppy dogs needing new homes or Lindsay Lohan’s burglary.

While this has been happening we’ve been losing two wars, and we’re in the greatest economic disaster since the great depression, and the Whirpool plant is moving 1100 jobs to Mexico and closing up shop, which should be illegal by the way, none of which is even marginally covered by the so called news media.

Why are news papers failing, because there’s no god D*m news in there, when I read a newspaper I don’t want to have to throw away half of it because it’s grocery store fliers, or some equally inane ad that goes right to the trash.

Start covering the news again, or your going to go completely out of business, that’s the bottom line, and no government bailout is going to prevent that.

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By ardee, September 22 at 7:51 am #

A Free Press is an essential ingredient in a truly free nation. For decades now our print and other media have placed news secondary to revenue.

When one panders to the advertising dollar one must be careful not to say anything that is harmful to those advertisers.

I was not in favor of the billions given freely to the crooks in our financial community, nor am I in favor of supporting the news media with such handouts either. I do ,however, support a ‘fairness doctrine’ that gives equal time to all points of view.

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