Content advisory in the video for one very crude section. From the only reliable source of news on the net, the Onion. The Onion exaggerates a bit. Why the Boston Globe probably has at least a few years of death spiral left to it before it has zero subscribers.
The Federal Trade Commission has produced a staff discussion draft which may be read here, filled with bad ideas to prop up the dead tree media. Among the worst of the ideas is what boils down to government money being used to subsidize the fish wrapper industry:
Proposals for Increased Government Subsidies, Indirect and Direct A variety of proposals have emerged to allow further government support for journalism through either indirect or direct means. Whatever the means, care must be taken to ensure that government support does not result in biased and politicized news coverage. 🙂
Increase Government Funding
Establish a “journalism” division of AmeriCorps. AmeriCorps is the federal program that places young people with nonprofits to get training and do public service work.87 According to proponents, this proposal would help to ensure that young people who love journalism will stay in the field. “It strikes us as a win-win; we get more journalists covering our communities, and young journalists have a chance to gain valuable experience – even at a time when the small dailies where they might have started are laying reporters off.”