Saturday, June 5, 2010

Drudge Tax: FTC Wants To Tax Internet News Aggregators

EDITORIAL:  FTC floats Drudge tax
By The Washington Times
June 4, 2010

The Federal Trade Commission (FTC) is seeking ways to "reinvent" journalism, and that's a cause for concern. According to a May 24 draft proposal, the agency thinks government should be at the center of a media overhaul. The bureaucracy sees it as a problem that the Internet has introduced a wealth of information options to consumers, forcing media companies to adapt and experiment to meet changing market needs. FTC's policy staff fears this new reality.
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