Monday, January 26, 2009

French-style aid for U.S. press would cost $8B

In case you were wondering, French-style assistance for the American newspaper industry would cost Uncle Sam about $8 billion.Even though it’s a safe bet that a government bailout of U.S. newspapers ain’t gonna happen, the French government last week decided to spend $767 million to prop up its nation’s press, according to my friend Frederic Filoux, who served on one of the committees of the

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