Government financial support that has bolstered this country's commercial news business since its colonial days is in sharp decline and is likely to fall further, according to a CCLP report released January 28, 2010. (Watch video from the Washington, D.C. briefing at the National Press Club by clicking here) Because these cutbacks are occurring at the height of the digital revolution, they will have an especially powerful impact on a weakened news industry
Public Policy and Funding the News is a unique effort to begin examining how involved the government, at all levels, has been in subsidizing news throughout American history to foster an informed citizenry; and what this support has meant for publishers, journalists and news consumers. The report analyzes some of the financial tools that government has used to support the press over the years -- from postal rate discounts and tax breaks to public notices and government advertising. The report documents cutbacks across a range of sectors and presents a framework for the consideration of policy options to place the industry on more secure financial footing.
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