Subsidising the Value of News
摘要
This chapter explores various national media subsidy schemes and how they both define the value of news and provide a lifeline for private media markets facing increasingly unsustainable market conditions. It provides an analysis of divergent subsidy approaches from seven countries: Australia, New Zealand, UK, Canada, Belgium, Norway, and South Korea, each representing a distinct approach to government support for private media organisations. In some cases, this support is substantial—costing billions of dollars and constituting a cornerstone of media business models—while others are comparatively small and highly selective. The chapter’s focus on the diversity of these approaches is a valuable resource for understanding how governments invest value in news media, what historical or innovative interventions are pursued to ensure its viability, as well as a how these approaches can be utilised to achieve other policy objectives.