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Media Minutes: August 6, 2010

From: Stevie Converse Candace Clement
Length: 05:02

(Un)covering the news Read the full description.

Media_minutes-landing_small The U.S. Postal Service’s recent proposal to hike postal rates has small print publications and news outlets worried for their future. And a deal between Google and Verizon could mark the beginning of the end of the Internet as we know it.

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Piece Description

The U.S. Postal Service’s recent proposal to hike postal rates has small print publications and news outlets worried for their future. And a deal between Google and Verizon could mark the beginning of the end of the Internet as we know it.

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TRANSCRIPT

Postal Rate Hikes Could Harm Journalism

The U.S. Postal Service’s recent proposal to hike postal rates has small print publications and news outlets worried for their future.

The USPS is asking the Postal Regulatory Commission to approve emergency rate increases in order to help offset a $7 billion deficit. But the rate increases may put dozens of independent and alternative print publications in jeopardy.

Teresa Stack, publisher of The Nation, said that this is the third price hike to hit periodicals since 2007. She estimates that the magazine would face an additional $200,000 in postage fees – not an easy amount to make up. Stack worries that some publications may have to close up shop.

Teresa Stack: So for small magazines like us, it’s an incredible burden. And this is at a time when journalism is in a crisis overall because of the collapse of advertising, because...
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