Monday, June 07, 2010

EDITORIAL: FTC floats Drudge tax - Washington Times

EDITORIAL: FTC floats Drudge tax - Washington Times:

The Federal Trade Commission (FTC) is seeking ways to 'reinvent' journalism, and that's a cause for concern. According to a May 24 draft proposal, the agency thinks government should be at the center of a media overhaul. The bureaucracy sees it as a problem that the Internet has introduced a wealth of information options to consumers, forcing media companies to adapt and experiment to meet changing market needs. FTC's policy staff fears this new reality.

'There are reasons for concern that experimentation may not produce a robust and sustainable business model for commercial journalism,' the report states. With no faith that the market will work things out for the better, government thinks it must come to the rescue.

The ideas being batted around to save the industry share a common theme: They are designed to empower bureaucrats, not consumers. For instance, one proposal would, 'Allow news organizations to agree jointly on a mechanism to require news aggregators and others to pay for the use of online content, perhaps through the use of copyright licenses.'"

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