John Kerry: Newspapers need bailouts

May 7th, 2009 By: Michael van der Galien | Tags: , , , ,

bankrupt kerryMy good friend Jimmy, notices that John Kerry has decided to hold a Congressional hearing to try to save newspapers. Like Jimmy, Andrew Malcolm is not terribly impressed by Kerry’s (good) intentions.

With several print newspapers already dead in recent months, others failing or under financial threat and a crass crowd of brash, disrespectful online journalists attracting millions of readers, the jut-jawed senator from Massachusetts, John Kerry, is worried about the future of said journalism.

Why is it his business, some might ask.

Well, for one thing, as a youngster Kerry delivered the Washington Star. That newspaper died. As an adult Democratic candidate for president five years ago, Kerry got some rough treatment from opponents and journalists both on- and offline. His campaign died. Does anyone see a pattern here?

But the contemporary reason for Kerry’s journalism concern is that he chairs the Senate Commerce Subcommittee on Communications, Technology and the Internet (SCSOCTATI). Which is probably a big deal somewhere. (See below Kerry talking with an apparent politics blogger.)

Except for celebrity nudity and public confessions of marital infidelity by elected people, few things are guaranteed to attract media attention more than discussions about itself. It’s self-fulfilling. The press corps must be important if it’s getting so much coverage from itself.

Here is how this should work: if newspapers cannot survive financially, they do not have the right to exist. Newspapers are businesses just like any other business. If they did not try to develop new business models made necessary because of the rise of the Internet and (popular) blogs, online magazines, and investigative journalism websites, they deserve and must go bankrupt.

Newspapers have the tendency to overstimate their importance tremendously. Let them fall, and they will quickly realize that the overwhelming majority of the people could not care less.

You know why that is? Because others will take these companies’ place, and fill the gap they leave behind.

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  1. beachmom
    May 8th, 2009 at 20:28
    Reply | Quote | #2

    Wrong. I watched the hearing. There is NO call for a bailout of newspapers. Not one Senator called for that, nor any member of the panel.

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