The Coming Media Bailout
The Federal Trade Commission is threatening to use antitrust and copyright laws to shut down the New Media – and save “mainstream” journalism
The Federal Trade Commission (FTC), which usually concerns itself with “consumer protection” issues, is now taking an interest in the journalism industry. The financially strapped New York Times reports:
“The commission is planning two days of workshops in December – titled ‘From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?’ – to examine the state of the news industry.”
This ominous development ought to scare the pants off of anyone concerned with the maintenance of a free society – and the continued existence of dissent in an increasingly conformist profession where “journalists” are often reduced to the status of mere stenographers as they eagerly communicate to the masses the words, wishes, wit, and wisdom of government officials.