Tuesday, February 17, 2009

The Campaign for a Sustainable Free Press

Jack Myers writes:

The proliferation of new media technologies -- and the media industry's failure to develop new business models to support them -- are endangering our nation's ability to sustain a free press unfettered by government control. With media options splintering, advertising investments eroding, and subscription models deteriorating, media companies can no longer depend on their traditional revenue sources for economic support. Media companies simply cannot sustain their profitability when they have the perfect storm trifecta: a long-term global economic downturn; debilitating debt load; and the systemic issues wrought by the forward march of media technology.

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