French government to aid newspapers

PARIS (AP) — The French state will help provide free newspaper subscriptions to teenagers for their 18th birthdays, President Nicolas Sarkozy announced Friday. But the bigger gift is for France's ailing print media.

Sarkozy also announced a ninefold rise in the state's support for newspaper deliveries and a doubling of its annual print advertising outlay amid a swelling industry crisis.

Sarkozy argued in a speech to publishers that the measures are needed because the global financial crisis has compounded woes for a sector already suffering from falling ad revenues and subscriptions.

In a speech to industry leaders, Sarkozy said it was legitimate for the state to consider the print media's economic situation.

"It is indeed its responsibility ... to make sure an independent, free and pluralistic press exists," he said.

This is sensitive territory for Sarkozy, who has been accused of cozying up to media moguls and exerting influence over them. He is also no stranger to heavy criticism in the country's often opinionated newspapers.

In measures to take effect next month, the state will increase its annual support for newspaper and magazine deliveries to euro70 million ($90 million) from euro8 million last year, and spend euro20 million more a year for its advertisements in print publications. The state will also defer some fees the publications face.

[Source: :Larry Froelich called our attention to this AP story. Click on the headline to read a little more of the story.]]