"Recently, we've seen several cases of freelancers' apparent unfamiliarity with provisions of the Ethical Journalism policy... despite the vetting system we put in place last spring to try to ensure that they would be aware of the policy," they wrote.
"The bid must also be judged on its likely impact on the UK news market and the provision of robust and independent journalism," he said.
"By looking at how government can help create new sustainable business models in this sector we'll ensure the long-term provision of local news and local journalism.
The deliberations over whether Mr. Obama should challenge those provisions were reported Monday by ProPublica, an investigative journalism site, and were confirmed by several officials familiar with the discussions.
All profits of the organisation are re-invested in journalism and the constitution of The Scott Trust Limited contains provisions to ensure that no shareholder can benefit financially.
It described the provisions criminalising reporting as a "threat to the future of journalism" and called on the government to revise the legislation.
A third session will consider the possibilities for news provision in the future, with a panel including Michael Temple, professor of journalism and politics at Staffordshire university, and Lauren Pennycook of the Carnegie UK Trust.
The Guardian's editor-in-chief Alan Rusbridger recently talked at the Media Standards Trust's "Why Journalism Matters" about a public funding of the Press Association in order to continue the provision of local news.
Following Cable's decision, it is time to revisit the media pluralism amendments to the Enterprise Act, strengthen the public interest provisions, and impose on merging companies stringent conditions relating to investment in and guaranteed independence of quality journalism.
