Wednesday, September 23, 2009

President Obama eyes laws to aid news business

Jay FItzgerald writes:

Self-described “newspaper junkie” President Obama says he is “happy to look at” bills before Congress that might help the struggling newspaper industry.

The White House later cautioned that the president’s remarks, made to media outlets over the weekend, shouldn’t be taken as support for a bailout for yet another industry.

Obama was specifically addressing the issue of whether the government could make it easier for newspapers to restructure as nonprofits.


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