I have quietly joked to myself that newspapers should be getting some of this bailout money. But of course it would not be a great idea to get the government involved in the management of newspapers. Apparently not everyone thinks so.
In general I think it is healthier for newspapers to find a way to survive than to be under the thumb of government. But it is also critically important to a local community to have local news. It will be interesting to see how this develops and how the journalism industry responds to this.