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FTC to Examine Possible Support of News Organizations
WSJ ^ | 12/2/2009 | BRENT KENDALL And THOMAS CATAN

Posted on 12/02/2009 9:58:56 AM PST by Nachum

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 Leibowitz'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.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: ftc; news; organizations
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1 posted on 12/02/2009 9:58:57 AM PST by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 12/02/2009 10:00:02 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

At least this would be a more honest approach to funding the Propaganda Department.


3 posted on 12/02/2009 10:04:41 AM PST by Pecos
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To: Nachum

Government will fund ‘which’ news organizations?

Conflict of interest?


4 posted on 12/02/2009 10:05:41 AM PST by Hostage
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To: Nachum

I’m a Hillsdale alum. I understand that government money brings government control. (That’s why my alma mater doesn’t accept any.)

That is most likely the goal here — to control the media through funding.


5 posted on 12/02/2009 10:08:20 AM PST by TBP (Obama lies, Granny dies.)
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To: Nachum

I’m a Hillsdale alum. I understand that government money brings government control. (That’s why my alma mater doesn’t accept any.)

That is most likely the goal here — to control the media through funding.


6 posted on 12/02/2009 10:08:28 AM PST by TBP (Obama lies, Granny dies.)
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To: Nachum

Very, very, very dangerous. Beware the government-media complex.


7 posted on 12/02/2009 10:13:37 AM PST by Mad_Tom_Rackham (It is the duty of the patriot to protect his country from its government -- Thomas Payne)
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To: Nachum
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.

Why not? The media is already state controlled.

/sar

8 posted on 12/02/2009 10:15:37 AM PST by CedarDave (FOX news:"Fair and balanced (no matter what the White House says) . We report because others won't.")
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To: Nachum

Fascism marches on.

Obama, the dope of a brighter future...


9 posted on 12/02/2009 10:19:58 AM PST by DoughtyOne (A MELTING POT not a potters wheel. Join us. Don't try to turn this nation into the one you fled.)
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To: Nachum
struggling news organizations, which are suffering from a collapse in advertising revenues as the internet upends their centuries-old business model

Or rather the fact that news consumers are voting with their feet because they are sick to death of being force-fed the socialist agenda while being denied an American based news product.

...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

How about granting them a license allowing them to call themselves a "news gathering company" contingent on citizen watchdog research groups grading them on biased reporting, as well as omitting certain coverage (bias by omission)

The Federal Communications Commission is already reconsidering rules that prevent a company from owning newspapers and TV stations in a single market

Maybe they should worry more about whether or not the government can own or control the media.

10 posted on 12/02/2009 10:20:20 AM PST by ROCKLOBSTER (RATs, nothing more than bald haired hippies.)
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To: Nachum; abb

How about a tax cut?


11 posted on 12/02/2009 10:25:21 AM PST by GeronL
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To: GeronL

How about a tax cut?

No Sh+t!!!


12 posted on 12/02/2009 10:28:02 AM PST by equalitybeforethelaw
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To: Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; Allerious; ...



Libertarian ping! Click here to get added or here to be removed or post a message here!
(View past Libertarian pings here)
13 posted on 12/02/2009 10:28:13 AM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Nachum

Why does the Gov’t always want to invest in losing businesses, why not invest in winning ones? Try encouraging energy production, nuclear plants, develop gas fields, who in their right mind would invest in the NYT? Maybe try investing in their citizens by cutting taxes and balancing the budget? They may be surprised by the result.


14 posted on 12/02/2009 10:31:22 AM PST by equalitybeforethelaw
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To: Hostage
Unconstitutional! It cannot be a free [and therefore independent] press by definition if it is beholden to the gubermint for anything. It is high time some challenges were made to any existing regulations, short-stopping new ones in the process.
15 posted on 12/02/2009 10:32:12 AM PST by NonValueAdded ("'Diversity' is one of those words designed to absolve you of the need to think." Mark Steyn)
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To: Nachum

Liberals fiercely defend Darwinism and natural selection/survival of the fittest, except when it comes to Democrat-friendly businesses.

I don’t want one freakin’ penny of my tax money bailing out any newspaper. If they can’t succeed on their own, they need to go the way of the buggy manufacturers.

I can’t believe our government is wasting the time and money even considering this. What has become of this country?


16 posted on 12/02/2009 10:37:22 AM PST by Kandy Atz ("Were we directed from Washington when to sow and when to reap, we should soon want for bread.")
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To: TBP

He that pays the piper gets to call the tune.


17 posted on 12/02/2009 10:48:39 AM PST by John Galt's cousin (Palin - 2012: Our best hope!)
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To: Nachum

This was exactly what I expected. With the precipitous decline in fortunes of the government-sucking media, I had been looking forward to the truth finally having access to the minds of the public on an equal footing. Then when the industry bailouts started, I thought “If they’ll bail out the auto and finance sectors, you just know they’ll bail out their own propaganda arm.” Damn. Communism rescued by more communism.


18 posted on 12/02/2009 10:55:07 AM PST by Still Thinking (Quis custodiet ipsos custodes?)
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To: Nachum
On some levels it would be cheaper - rather than reporters and editors the MSM could just print government press releases and be done with it.

A minor problem is papers would become MORE boring - not only would only one side be presented, but it would be poorly written.

To solve the "no body reads it" problem, the FTC could look into forcing people to read the paper and giving short random "quizzes" to citizens. Orwell would not be surprised.

19 posted on 12/02/2009 11:38:51 AM PST by GOPJ (Anthropogenic global warming-the most costly and widespread scientific FRAUD in history-James Lewis)
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To: Nachum

The only change I want to see in copyright is that copyright be reduced to the 28 years Jefferson supported.


20 posted on 12/02/2009 6:12:28 PM PST by zeugma (Proofread a page a day: http://www.pgdp.net/)
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