Tuesday, June 08, 2010

Government Floats Idea Of "DrudgeReport Tax"

Why does the US Government feel the need to change the playing field to accommodate "dying industries"?

If an industry can't adapt to new technologies, or a changing environment, it should fail.

From the Washington Times FTC Floats Drudge Tax

The Federal Trade Commission (FTC) is seeking ways to "reinvent" journalism, and that's a cause for concern.

The ideas being batted around to save the industry share a common theme: They are designed to empower bureaucrats, not consumers. For instance, one proposal would, "Allow news organizations to agree jointly on a mechanism to require news aggregators and others to pay for the use of online content, perhaps through the use of copyright licenses."

In other words, government policy would encourage a tax on websites like the Drudge Report, a must-read source for the news links of the day, so that the agency can redistribute the funds collected to various newspapers.

What the FTC fails to realize is that the DrudgeReport highlights the top news stories of the day and provides a link to the owner of that story. Drudge actually drives MORE traffic to the site.

Have a great idea? We Invest In Great IdeasShare/Bookmark

No comments: