@jeffjarvis did a ton of research and wrote an excellent analysis of proposed California legislation to extort cash from greedy Big Tech to reward even greedier hedge funds -- all in the name of preserving local journalism.

There are better ways to help communities' information needs, he argues. I agree.

He sums it up here, with links to the full paper: https://www.niemanlab.org/2024/04/the-california-journalism-preservation-act-would-do-more-harm-than-good-heres-how-the-state-might-better-help-news/