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There's a good article from September on how Australia's similar bill worked pretty well: https://mattstoller.substack.com/p/should-we-save-newspapers...

Local news is in trouble, and it might be worth saving.

The Australian bill only served to move money from one set of large corporations to another set of large corporations.

what do you think of the fact that "local news" is actually owned by a single large company? https://en.wikipedia.org/wiki/List_of_stations_owned_or_oper...