waxman
Waxman: Policy Does Have a Role in Saving Journalism
Rep. Henry Waxman (D-Calif.) on Tuesday called for policies to help revitalize journalism and keep reporters on the job.
Speaking at a two-day Federal Trade Commission workshop on the state of journalism, Rep. Waxman said that market forces aren’t the only solution to the current crisis – a position argued by News Corp. Chairman Rupert Murdoch on Monday. Rep. Waxman instead described the crisis as a "structural problem," with new polices and tax incentives as part of the remedy.
Rep. Waxman expressed concern about the decline of quality journalism as more news outlets close their doors. "Consolidation of the media business has not helped," Waxman said. "This is a policy issue [and the] government is going to have to be involved in one way or another."
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