Bernie Sanders on his plan for journalism
Real journalism requires significant resources. One reason we do not have enough real journalism in America right now is because many outlets are being gutted by the same forces of greed that are pillaging our economy. For example, two Silicon Valley corporations—Facebook and Google—control 60 percent of the entire digital advertising market. At the same time, corporate conglomerates and hedge fund vultures have bought and consolidated beleaguered local newspapers and slashed their newsrooms—all while giving executives big payouts. We need to rebuild and protect a diverse and truly independent press so that real journalists can do the critical jobs that they love, and that a functioning democracy requires.
When I am President, my administration will put in place policies that will reform the media industry and better protect independent journalism at both the local and national levels. For example, we will reverse the Trump administration’s attempts to make corporate media mergers even more likely in the future. In the spirit of existing federal laws, we will start requiring major media corporations to disclose whether or not their corporate transactions and merger proposals will involve significant journalism layoffs. In a Bernie Sanders administration, we will reinstate and strengthen media ownership rules, and we will limit the number of stations that large broadcasting corporations can own in each market and nationwide. We will also direct federal agencies to study the impact of consolidation in print, television, and digital media to determine whether further antitrust action is necessary. Finally, when it comes to Silicon Valley, I will appoint an Attorney General as well as Federal Trade Commission officials who more stringently enforce antitrust laws against tech giants like Facebook and Google, to prevent them from using their enormous market power to cannibalize, bilk, and defund news organizations.
Bernie Sanders on his plan for journalism