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Posted by: pc25 9 months ago

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    pc259 months ago

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    hey missing brain
    why don't you try and prove that Senator Benjamin Cardin (D-MD) is not sponsoring this bill

    from Reuters

    U.S. bill seeks to rescue faltering newspapers

    WASHINGTON (Reuters) - With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.

    "This may not be the optimal choice for some major newspapers or corporate media chains but it should be an option for many newspapers that are struggling to stay afloat," said Senator Benjamin Cardin.

    A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the media, which has seen plunging revenues and many journalist layoffs.

    Cardin's Newspaper Revitalization Act would allow newspapers to operate as nonprofits for educational purposes under the U.S. tax code, giving them a similar status to public broadcasting companies.

    for people who are so much into evolution, the evolutionary cycle of the newpapers is coming to an end. They have become dinosaurs. If they can't survive in todays new media they need to go under.

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