Ready for newspaper pledge drives?… congressman wants to see troubled newspapers operated as non-profits
Media • January 2009 • Views: 302
Here’s another bad idea coming out of congress. Jim McDermott (D-Seattle) wants to use his position as a senior member of the House Ways and Means Committee to explore ways to save troubled newspapers.
In a guest column in the Seattle P-I, McDermott says we should learn from the UK and let more newspapers operate as nonprofits. “The tax code might have a direct bearing on developing a new business model for the newspaper business nationwide,” McDermott says.