Monday, March 16, 2009

First ammendment, yo!




Nancy Pelosi is joining the Justice Department to "weigh the public benefit of saving The Chronicle and other papers from closure against the agency's antitrust mission to guard against anti-competitive behavior."

Goozyquote: "In the carefully worded letter, Pelosi urged the Justice Department to take a broader view of media competition in the Bay Area. Rather than seeing The Chronicle's main competitors as other newspapers, she urged the department to consider television and Internet media sources and online advertising outlets as competitors as part of any future antitrust review."

Hearst Corp., which owns the Chronicle, projects that it will lose more than $50 million this year.

Photo credit: usliberals

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