Why newspapers don’t need government handouts

Jeff Jarvis has an excellent post at BuzzMachine explaining, point by point, why newspapers and their lawyers are wrong to lobby the government for tax breaks, changes in copyright law and antitrust exemption. Here’s a taste of his must-read piece, on the issue of tax subsidies:

We out here don’t actually need such a subsidy because we’ve been smart enough to take advantage of the new, free press and we are not saddled with the costs of an old press. Why should we then have to subsidize the market failure and anti-strategic stubbornness of the owners of those old presses? “Congress,” they write, “could provide incentives for placing ads with content creators (not with Craigslist).” That’s just plain payola.