When it comes to the media and its now insatiable desire for more and more taxpayer dollars, the title of a James Bond flick comes to mind, namely, The World Is Not Enough. Thus that the CBC received more than a billion dollars annually in taxpayer money in recent years, and my God, where, oh where do they spend that money? Oh, you weren t a consultant? Well, suck it up, buttercup. You see, the Trudeau Liberals know what's best for you. Kind of like Rogers did back in 1994. Remember negative option billing? It was chutzpah on steroids.
00:02:01.440By the way, that was yet another brilliant idea cooked up by Toronto Mayor John Tory.
00:02:09.380But the thing is, what is happening with the government-funded media properties is even worse.
00:02:15.520You see, at least old man Rogers gave you the option of opting out of such negativity.
00:02:21.920The Trudeau liberals are much like the nefarious Borg from Star Trek.
00:02:26.140You know, resistance is futile, self-determination is irrelevant.
00:02:30.180Sugar Daddy Trudeau will continue to fund media properties with your money, whether you like it or not.
00:02:39.360You might make an argument that this is what government does, unfortunately.
00:02:44.720It picks winners and losers in the marketplace and cuts checks, again with your money,
00:02:50.500and bails out those companies it takes a liking to.
00:02:53.980General Motors, Chrysler, Bombardier, and the list goes on and on.
00:02:58.340The thing is, the idea of government, aka taxpayers, constantly propping up losers,
00:03:05.700is completely opposite to how a free market economy should function.
00:03:11.760The free market subscribes to an economic version of Darwinism, namely survival of the fittest, evolve or go extinct.
00:03:19.920There should be no safety net, at least no safety net paid for by citizens who have absolutely no say in the matter.
00:03:30.000But as bad as it is to bail out manufacturers of automobiles and aerospace equipment,
00:03:36.060it is immeasurably worse to bail out media companies.
00:03:40.020That's because there are several ethical and moral issues at play when the watchdogs of society are paid off by the very entity that it should be holding to account.
00:03:52.720It is a grotesque conflict of interest, and it is incredible to see that it has become the new normal.
00:04:01.220You know, the other day, I dusted off my old copy of this, Morals and the Media, subtitled Ethics in Canadian Journalism.
00:04:12.040Now, folks, this edition was published in 2006, not really that long ago.
00:04:17.040And yet I was stunned that this book, through no fault of its author,
00:04:21.760has been rendered obsolete in 2022, given the current lay of the media land in our great dominion.
00:04:28.880For example, consider the chapter, The Media and Money.
00:04:33.860There's a sidebar entitled Canadian Association of Journalists on Accepting Gifts.
00:08:26.080Entitled, You Can't Build a Viable Media Culture on Bailouts and Political Favors.
00:08:33.160Quote, According to Advocates for Canada's Online News Act, Bill C-18, Rupert Murdoch, the Australian media baron's shakedown of online web giants Meta and Google,
00:08:45.780has already saved the newspaper industry down under.
00:08:49.340And once this country passes its legislation, it's going to be jobs, jobs, jobs for journos.
00:08:57.760Jason Kint, CEO of Digital Content Next, a U.S.-based trade organization slash lobby group,
00:09:06.020flew into Ottawa from Washington, D.C. to appear before the House of Commons Heritage Committee on September 27th.
00:09:13.340There he dismissed highly respected critics, such as Dr. Michael Geist, Canada Research Chair in Internet Law at the University of Ottawa,
00:09:24.640of spreading misinformation, declared the Aussie rules to be a sweeping victory for journalism,
00:09:31.460left me with the general impression that anyone who disagreed with him was paid for by global web monopolists and flew home.
00:09:41.760In terms of lobbying, it was a masterful performance.
00:09:46.880All Canada had to do, he assured those listening, was to follow Australia's Murdoch-inspired model.
00:09:53.880And judging by the warm reception he received from Liberal MPs, that's what Canada intends to do.
00:10:01.680Trouble is, while I can't find evidence it has helped Murdoch's market-dominating Australian News Corp,
00:10:08.680he also owns the Wall Street Journal, New York Post, Dow Jones, HarperCollins, the UK Sun, the Times, the Sunday Times, etc.
00:10:16.800I'm having trouble finding proof these latest subsidies are going to be enough.
00:10:23.920After all, the first $119 million a year in tax credits that Canada's newspaper industry managed to squeeze out of taxpayers in 2019 hasn't created any more jobs.
00:10:37.480Sure, the pandemic was an issue, but there was additional subsidies for that.
00:10:42.300And if you don't want to believe me, take it from Jamie Irving, chair of News Media Canada, the trade group lobbying for online loot.
00:10:53.720The financial pressures facing Canadian news outlets due to the current market failure are only becoming more dire,
00:11:01.100he wrote to the Commons Finance Committee earlier this year.
00:11:04.680We are forecasting annual losses as an industry of about $500 million a year.
00:11:10.740It would appear that even if the Canadian news industry lobby that now includes CBC, Bell Media, and other broadcasters
00:11:19.240is able to shake $500 million annually out of Mark Zuckerberg's and Google's pockets,