Not necessarily. He brings up the point that in Australia, newspapers are hiring pretty aggressively again, and the way the proposed US legislation is framed, t

Not necessarily. He brings up the point that in Australia, newspapers are hiring pretty aggressively again, and the way the proposed US legislation is framed, the incentives for VC-owned media would shift from slashing to hiring and investing. Also breaking up the ad cartel could lead to new ad-driven approaches for local news