Swiss Voters Nix Public Aid Plan For Newspapers, Media Outlets
- By The Financial District

- Feb 16, 2022
- 2 min read
Swiss voters on Sunday rejected a government’s plan to inject more than 150 million francs (about $163 million) into broadcast and print media every year, including support for early-morning newspaper delivery and online media to the tune of 70 million francs (nearly $76 million) a year, according to exit polls.

Photo Insert: Foes of the plan had said the cash injection would waste taxpayer money, benefit big newspaper chains and the media moguls who run them, and hurt journalistic independence.
Some 56% of voters rejected the measure, public broadcaster SRF reported, Jamey Keaten reported for the Associated Press (AP).
Opponents of the plan, which had been passed by Swiss lawmakers in June, had pulled together enough signatures in a petition to put the issue before the public, part of Switzerland’s particular form of democracy that gives voters in the country of 8.5 million a direct say in policymaking.
Foes of the plan had said the cash injection would waste taxpayer money, benefit big newspaper chains and the media moguls who run them, and hurt journalistic independence by making media outlets more dependent on state handouts and thus less likely to criticize public officials.
They also said it was discriminatory since free newspapers wouldn’t benefit.
“A media subsidized by the state is a media under control. As the adage goes: ‘Don’t bite the hand that feeds you,’” wrote the opponents who pressed for the referendum. They say big print-media groups together took in more than 300 million francs in profits in 2020, even during the COVID-19 crisis.
Many other countries in Europe and beyond offer support to newspapers through postal fee discounts, tax breaks, and other measures.
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)










