US newspapers: Obama bail-out plan for classified ads

Posted by Peter Kirwan on 5 December 2008 at 10:40
Tags: Journalism

In the US, Ken Doctor breaks the news that Barack Obama is planning to pass a Newspaper Recovery Classified Stimulus Act.
Actually, it’s a wind-up. But as Doctor points out, Obama’s plans on jobs (2.5m new ones), cars (Detroit is too big to fail) and housing (support for mortgage holders) should support newspaper classified markets.
The question, [...]

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