根据下面资料，回答36-40题 <br /> The McClatchy newspaper chain's recent filing for bankruptcy is one more data point showing that US journalism is dying. While several big national papers like the New York Times are healthy, more typical are the closures, bankruptcies, and extreme downsizing that increasingly leave cities, towns and rural communities without local news. <br /> This slaughter has attracted opportunistic pathologies, from hedge funds buying up distressed papers and selling them for parts, to news outlets resorting to increasingly dubious forms of advertising and clickbait. A degraded product gives readers even less reason to support local news. Meanwhile, little evidence suggests that any new market-driven model can rescue newspapers or sustain the journalism that democracy requires. The market has failed us. <br /> With market failure, journalism's survival requires public options. We can collect ideas from our history and from around the world for how best to support the necessary public infrastructure that journalism needs to survive. <br /> These policies include tax incentives that could transition struggling newspapers into not-for-profit status and direct subsidies to create new digital startups, municipal newspapers and news cooperatives. Others hope that generous billionaires will save the day. But tackling the journalism crisis at a systemic level—bringing nutrition to "news deserts" where rich givers and foundations are unlikely to go—requires a large public media fund. <br /> Major foundations could pool their money and help develop a new public media system. Given Americans' fondness for it, invoking the BBC is useful to expand our political imagination for what's possible. But any new US system should be truly public—publicly owned and democratically governed with constant community input. <br /> State governments should be doing more as well. New Jersey recently funded a "civic information consortium" to help provide local news. Such government funding could be paired with organizing community newsrooms and engaging residents during all stages of media production. This model might inspire a new kind of journalism. <br /> While large audiences won't simply materialize overnight, local communities creating their own media may build trust and voters over time. All foundational democratic theories—including the first amendment itsell—assume a functional press system. The fourth estate's current collapse is a profound social problem. We desperately need a national conversation about what society should do about it. This crisis is also an opportunity to reimagine what journalism could and should be. <br /> Ultimately, we face a stark choice: either we make public investments in journalism, or we accept a future in which entire regions and communities lack local news media. If we hope for any semblance of democracy, the correct path forward should be obvious. <br /> Which of the following is true about local newspaper business?