“Various ideas to overhaul the business model of newspapers have been debated in recent weeks, such as the possibility of a return to paid online content, or a non-profit endowment scheme.
Both have potential, but both are long term solutions that would take
some time to implement, and for the immediate crisis at hand, could
government help be the answer? At the end of January French President Nicolas Sarkozy approved a 600 million euro package of measures to save the beleaguered French press.
Ideas for some kind of bailout plan have been floated in the US for
several months now, following those for banks and the car industry, and
similar discussion has taken place in the UK. Is a similar bailout
likely to happen anywhere else? Could it save the struggling industry,
or is such government involvement in the media too dangerous?”
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