Trying to restore some objectivity/balance to journalism
Objective journalism -- particularly investigative reporting -- is labor-intensive, which means costly overhead. That means you either have to have deep pockets pushing an ideological view, or a broad-base of paying subscribers who trusted your objectivity and balance. When journalism was print-based, the big name publications strove for reputations based on objectivity and balance to build the largest circulations that brought in the advertising dollars that could fund the overhead of reporters dedicated to single subject areas, and even single stories. Early broadcast journalism did the same, until the FCC essentially eliminated the Fairness and Equal Time doctrines and news became another form of entertainment. The internet, especially social media, then gutted journalism totally by essentially picking and choosing items from the print media to fuel conflict, generating large volumes of clicks to bring in the advertising revenue with no concern for the accuracy of the content or their long-term reputations since they were only conveyors of other people's work. People who were now out of work because the newspapers were losing both subscribers and advertisers in droves, and having to cut overhead which largely was the staff.
Legislation before Congress currently hopes to balance this out. Interestingly enough, similar legislation already passed in Australia, Canada, and Europe.
[quote]The Journalism Competition and Preservation Act, a bipartisan bill currently making its way through Congress, will help newspapers better fulfill their mission of providing news and information to the public, holding the powerful to account and ensuring government serves the people.
The bill would allow news organizations to band together to negotiate with Big Tech companies for fair compensation for use of news content in search and on social media.
Similar laws have been passed in Australia, Canada and Europe.
In the United States, this has the potential of bringing billions of dollars back into newsrooms across the country, enabling the strengthening of local reporting and access to reliable, professionally produced information in communities across the country.[/quote]
https://www.mercurynews.com/2022/07/23/editorial-support-jcpa-to-save-local-journalism/
Legislation before Congress currently hopes to balance this out. Interestingly enough, similar legislation already passed in Australia, Canada, and Europe.
[quote]The Journalism Competition and Preservation Act, a bipartisan bill currently making its way through Congress, will help newspapers better fulfill their mission of providing news and information to the public, holding the powerful to account and ensuring government serves the people.
The bill would allow news organizations to band together to negotiate with Big Tech companies for fair compensation for use of news content in search and on social media.
Similar laws have been passed in Australia, Canada and Europe.
In the United States, this has the potential of bringing billions of dollars back into newsrooms across the country, enabling the strengthening of local reporting and access to reliable, professionally produced information in communities across the country.[/quote]
https://www.mercurynews.com/2022/07/23/editorial-support-jcpa-to-save-local-journalism/
80-89, M
