System/Policy
Fed role: help ‘nonprofit news operations … gain traction”
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The new report to the FCC about the state of the media and the future of American journalism estimates that filling gaps in local reporting would cost from $265 million to $1.6 billion a year. It also suggests various ways in which the government could help nonprofit media afford to bridge that chasm. “The main focus of government policy should not be providing the funds to sustain reporting but helping to create conditions under which nonprofit news operations can gain traction,” the report advises. But observers point out that the FCC has no power to make many of those changes, which include adjusting tax laws for pubmedia organizations, getting foundations to fund more journalism, and rethinking CPB’s legislated spending proportions to allot more money to nonbroadcast and multimedia innovators. “Information Needs of Communities: The Changing Media Landscape in a Broadband Age” was released June 9.