The collapse of the news industry’s business model is due to the monopolization of digital platforms, changes in news consumption behavior, and a reduction in advertising revenue. This is not only an economic matter concerning the survival of the news industry, but also a political matter concerning the legitimacy of democracy. This paper argues that the crisis in the news industry cannot be resolved solely through digital innovation and transformation, but instead that urgent government intervention through appropriate public policy measures is required. This paper also proposes two solutions to the crisis: platform accountability and public expenditure. In addition to conducting international comparisons, this article evaluates the various options contained in each solution, analyzes their advantages and disadvantages, and discusses the implications of international practices and experience for Taiwan’s journalism policy.