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Old Media has a Twitter problem. They don't have the solution. NY Times is barely profitable. Some mainstream publications are in a similar situation, most are
by alva 10y ago
Old Media has a Twitter problem. They don't have the solution.
NY Times is barely profitable. Some mainstream publications are in a similar situation, most are hemorrhaging money all over the printing floor.
Money is one thing, but what the established media are really frightened by is the loss of power they have been witnessing over the last few years.
They do not like it one bit.
"The country’s pre-eminent newspapers, including this one, have long been controlled by families who have understood that the press is not just an ordinary industry, but a civic calling."
- eternalban 10y ago> "The country’s pre-eminent newspapers, including this one, have long been controlled by families who have understood that the press is not just an ordinary industry, but a civic calling." Doublespeak at its finest. Love it.
- talmand 10y agoYes, especially since we don't get these families' definition of "civic calling". It could be "help fellow humans be more informed" or "control information to our liking for the betterment of the society we want". Both could be seen as beneficial from certain points of view.