Monday, January 26, 2009

Sarko to Save Newspapers

From Gulf Stream Blues:

It seems there is plenty of evidence to suggest no, but only hindsight will say for sure. In 30 years we may look back on the French decision to give 18-year-olds free newspapers as being akin to the government giving people free telegraphs in the 1920's after the invention of the phone.

There is increasing concern that the French newspaper bail-outs will discourage the industry from making any meaningful reform.

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