1) Any time somebody suggests taxing, breaking up, or otherwise regulating the tech giants, there's a chorus of voices afraid we'll kill their golden goose. That's why I phrased it as a choice to "save" one or the other. If it ever did come down to a binary choice, I'd sooner our society sacrificed Google to save NYT/BBC/Der Spiegel. Others may disagree, of course.
2) There's a legitimate argument to be made that government intervention to shore up the press will result in unintended consequences and/or make the press beholden to their government benefactors.
First: Google doesn't need saving. They're doing just fine.
Second: I fear that every proposal to save a free and independent press is going to destroy freedom in some very concrete ways.