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Financial crisis in news: Government financial support of news media continues steep decline
Thu, 2010-01-28 06:00 — sciencestaff
(University of Southern California) Government financial support that has bolstered this country's commercial news business since its colonial days is in sharp decline and is likely to fall further, according to a report released today by the University of Southern California's Center on Communication Leadership & Policy. Because these cutbacks are occurring at the height of the digital revolution, they will have an especially powerful impact on a weakened news industry.
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