In raw dollar terms this would undoubtedly >2x-3x the capital available to journalism as an industry. People who say (truthfully): "journalism needs more money"

In raw dollar terms this would undoubtedly >2x-3x the capital available to journalism as an industry. People who say (truthfully): "journalism needs more money" need to confront the reality that the current biz model doesn't work. Either we coerce Google news to tithe like Australia just did, or something like this sounds like a better solution than just letting journalism die.