Preserving Democracy: Traditional news media is an essential pillar of democracy, providing citizens with reliable information and holding those in power accountable. By subsidizing traditional news media, we ensure that it continues to function as a watchdog for the public interest.
Quality Journalism: Subsidies can help to fund high-quality investigative journalism which often requires significant resources and expertise. This type of journalism is crucial for informing the public on important issues and uncovering corruption or wrongdoing.
Public Access to Information: Traditional news media outlets have traditionally provided information and analysis that is accessible to all members of society, regardless of their income or social status. Subsidies would ensure that this continues to be the case.
Supporting Local Communities: Many traditional news media outlets focus on local issues and stories that are not covered by larger national or international media outlets. By subsidizing these outlets, we support the diversity of voices within our communities and provide access to relevant information for local residents.
Countering Misinformation: With the rise of fake news and misinformation online, traditional news media outlets play an increasingly important role in providing accurate and reliable information. Subsidies could help ensure that these sources continue to operate effectively.
Job Creation: Traditional news media outlets provide employment opportunities for journalists, editors, producers, and other professionals who contribute valuable skills and knowledge to society. Subsidies could help protect jobs within this industry.
Economic Benefits: A healthy traditional news media sector can also have positive economic impacts by attracting advertising revenue, supporting related industries (such as printing), and contributing to local economies through spending by employees and businesses associated with the sector.
