Makes me nervous…

US Senate panel to look at future of newspapers

According to the Boston Globe:

Senator John F. Kerry will hold hearings in Washington next week on the financial problems facing the newspaper industry, as dwindling advertising dollars push many US papers to the brink of closure.

While I do not want to see the newspaper industry come crashing down around us while we stand wringing our hands, this government involvement makes me nervous. Restructuring newspapers as non-profits, however, could have many well-received benefits. It is an interesting time indeed.

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