Fearing the Future: The Corporate Press Makes the Case for Being Saved

Corporate media are in a state of severe business shock, it seems—layoffs at newspapers large and small, due to advertising revenue drying up and readers ceasing to pay for a printed copy of a newspaper that they can usually read for free online. The state of the press has generated an enormous amount of attention in the press itself, with journalists and pundits offering any number of plans to "save" dying newspapers. Congressional hearings on the state of the media suggest that lawmakers are worried about what might happen next.