12/2/09

Obama: Collectivize the News

Everything is 'a public good' now
The Federal Trade Commission launched a two-day workshop with media executives today, in hopes of developing a new business strategy for the struggling industry. Media executives gathered to trade ideas with FTC officials, including representatives form Google News, the Huffington Post and News Corp.

“News is a public good,” FTC Chairman Jon Leibowitz said. “We should be willing to take action if necessary to preserve the news that is vital to democracy.”
(from franklincenterhq.org)

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