I think we have seen a huge amount of innovation in this sector. I've run a regular podcast. I've had some of the entities that are servicing local communities engaged in this. Ms. Hepfner mentioned the local journalism project that April Lindgren is involved with. Through that project, she has identified hundreds of new start-ups that have occurred during the same period of time.
Frankly, I think it's unfortunate to belittle it as being just mom-and-pop shops for one and two people. In many instances, I think, these will be the future of servicing some of these communities. In fact, there are communities where it is one of the lead sources.
Some of those start-ups have said that this is not the approach they would like to see happen, in fact. They worry about the prospect of seeing news sharing curtailed. They see some of those large platforms more in the context of being partners as opposed to being adversarial. I do think that the innovation piece is important, so I worry when we see eligibility criteria that may exclude many of those kinds of innovative start-ups. I worry when we take a look at the PBO's estimates that almost all the money is going to well-established players.
At the end of the day, if we want to see that next generation of innovation, it's not just about supporting some of the legacy players, some of which may have struggled to adapt to this environment, but it's about those that have embraced it and are finding new ways to deliver. I think there's a lot of exciting stuff that is taking place. I worry about legislation that purports to level the playing field, but in fact does anything but.