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Mayor Bloomberg to Media Industry: We’re Here to Help

NYC Plan Includes Funding Research, Retraining, Technology.

New York — Mayor Michael Bloomberg wants to save New
York’s media industry. Many who toil in publishing, TV and radio have
wondered throughout this recession how much of their troubles they can
blame on the cyclical downturn — and how they can pin on big
structural changes in the business.

Michael Bloomberg

New
York’s plans to help its media sector, introduced today by Mr.
Bloomberg after the city consulted with many prominent media
executives, seem to represent a vote that something fundamental is
happening.

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