Reflections of a Newsosaur | Content Bridges The French rescue package is equal to 15% of the $5 billion in revenues generated by the country's newspapers in 2007, notes
Alan Mutter. (
More from him in CJR.) Applying the same ratio to the $54.5 billion in advertising and circulation sales booked by U.S. newspapers in 2007, then the price tag for a like-sized package here would come to $8 billion. ||
Ken Doctor: "Government dollars to the profit-making daily press. Unthinkable. The world, though, is changing."
>
Gulf Stream Blues: Is giving free newspapers to 18-year-olds akin to the government giving out free telegraphs in the 1920's after the invention of the phone?