News Broadcasts are for public service, not for profit

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For years, the television networks and TV and radio stations across the nation were so aware of the critical importance of unbiased and clearly presented news to democracy that their news operations were separate from all other divisions of the corporation and were not required to make a profit. Producing news was part of the "giving back," fulfilling the obligation of electronic media that uses public airwaves or public rights-of-way (in the case of cable) to "serve the public good."
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-- From Thom Hartmann's book, "What would Jefferson Do"
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