Tuesday, July 07, 2009

Well... that's a schoolin'

Could leave a mark...
Hit & Run > Ezra Klein: Better to Subsidize Big Media Than Let Them Experiment - Reason Magazine:

"Most relevantly of all to a discussion about news organizations' profitability and quality, the largely unsubsidized U.S. newspaper industry has long been the envy of its European cousins, precisely on grounds of profitability, quality, and quantity, both of staffing and output. It is interesting that that model is now under threat, but it is not cause to spend my tax money propping up incumbent billionaires and otherwise aping a European system that on balance has produced inferior results."

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