Login | Help

banner ad
0

Newspaper bailouts?

Reuters reports that Connecticut lawmaker Frank Nicastro doesn’t want to see the newspaper in his state fold, so he’s asking the state government to do something about it.
His district includes Bristol, home of The Bristol Press, which may fold within days along with The Herald in nearby New Britain.
Could newspapers be next for a bailout?
From the story:

Nicastro and fellow legislators want the papers to survive, and petitioned the state government to do something about it. “The media is a vitally important part of America,” he said, particularly local papers that cover news ignored by big papers and television and radio stations. To some experts, that sounds like a bailout, a word that resurfaced this year after the U.S. government agreed to give hundreds of millions of dollars to the automobile and financial sectors.Relying on government help raises ethical questions for the press, whose traditional role has been to operate free from government influence as it tries to hold politicians accountable to the people who elected them. Even some publishers desperate for help are wary of this route.

About the Author

The Reynolds Center, created through generous grants from the Donald W. Reynolds Foundation of Las Vegas and operated by ASU’s Walter Cronkite School of Journalism and Mass Communication, is dedicated to improving the quality of business and economics coverage through training programs for business reporters and editors.

Leave a Comment

1) Register to join the community & comment or 2) Quick comment
Username: Username:
Email: Email:
Password:
Verify Password:
or 3) Login if you already have an account
Comment:

Switch to our mobile site