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BAD IDEA. As a result, big publishers sometimes purchases the second local newspaper and make it an empty shell that republishes generic content from syndicate
by draugadrotten 7y ago
BAD IDEA.
As a result, big publishers sometimes purchases the second local newspaper and make it an empty shell that republishes generic content from syndicated sources, and use the ownership of the second local newspaper cash in from the free lunch.
Instead of helping the small publishers, the subsidies go to the biggest creating an even worse competitive situation for small publishers.
Real world Example: Sweden's media giant Bonnier News is also the LARGEST receiver of subsidies.
https://www.etc.se/ekonomi/bonniers-dominans-okar-i-mediesverige https://www.etc.se/ekonomi/bonniers-dominans-okar-i-mediesve...
- rootusrootus 7y ago> big publishers sometimes purchases the second local newspaper and make it an empty shell that republishes generic content from syndicated sources That sounds like Sinclair. Seems the U.S. ended up in the same place.