The FTC has issued a discussion report on rescuing the failing newspaper industry, labeled as "The Reinvention of Journalism," Fox News reports.  An NYU journalism source speaks for critics of the FTC draft: The problem with this is that the FTC is trying to set an agenda here, that some sort of government intervention is necessary. It's a power grab by the FTC and it's also an example of one old power structure circling its wagons around another. The FTC draft covers the well-trod ground of declining newspapers, the rise of the internet and the concern that a sustainable business model for newspapers is not on the horizon. Just before leaping into the waters of government-knows-best intervention, the FTC authors ask a series of rhetorical questions: How susceptible is the proposal to creating bias - in terms of news platforms or government interference?  How likely is the proposal to create unintended consequences? Uh, well, let me count the ways...The...(Read Full Post)