Don't Worry New York Media, Bloomberg's Study Will Save You
Hamilton Nolan · 11/05/08 02:23PMNew York City Mayor-for-life Michael Bloomberg is bringing his Midas touch to the ailing media industry! In the form of a year-long study sponsored by the city. It's not that Bloomberg, who got rich running his own quasi-media company, has a soft spot for newsprint; it's that there are 160,000 media jobs in NYC, according to the Observer, and it would be beneficial for the municipal tax base not to allow them to crumble away in the face of a changing economy. The question is, can the city actually do anything about it?