The Wrap
The federal government is preparing an inquiry into the endangered field of news and reporting–and Federal Trade Commission Chairman Jon Leibowitz is dropping some broad hints about what will be in it.
In an exclusive interview with TheWrap, Leibowitz expressed some sympathy to easing antitrust enforcement of media consolidations to prevent more newspapers from folding or further declines in TV news staffs.
He also said the FTC intends not just throw out a lifeline. He wants to ensure that media companies are doing a good enough job finding alternative revenues. More…