media is not just another industry
There's a key point that any business report about media profits always fails to get.
There is a reason that the press was explicitly given rights under the First Amendment of our Constitution. The work they do is a public good, but should NOT be done by the government.
Thus, it is imperative that the media be looked upon as a different business model than widgets and sprockets.
we need the media to be healthy, diverse and independent if our democracy is to survive.
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