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That explains a lot. Curious what happened - did the business model break to the extent that seasoned journalists that can manage foreign assignments are no lo
by ra1n85 10y ago
That explains a lot. Curious what happened - did the business model break to the extent that seasoned journalists that can manage foreign assignments are no longer on payroll or sought after? Is this a consequence of cost-cutting at news outlets?
- michaelchisari 10y agoIn the old days, subscriptions kept the lights on, and advertising was gravy. Today, subscriptions don't exist and advertising barely keeps the lights on. That kind of economic corruption is seen on all level of news and reporting.
- AmVess 10y agoYes on both counts. Media consolidation led to lots of layoffs and belt tightening, and the internet just made things worse. Journalism in this country has become a bit of a joke, and that's all on the lack of oversight by lawmakers. These giant media conglomerates should never have been allowed to form in the first place for the very reasons we are discussing now; poor journalism and nearly worthless commodity reporting.
- ghaff 10y agoAs someone else said, yes and yes. In addition to the simple fact that advertising is down, it's because newspapers were/are bundles. When they had local monopolies (or at least duopolies) on information and certain advertising, this let them do things like fill a lot of cheap column inches with sports scores and wire copy while maintaining (in many cases) prestige investigative units and foreign bureaus. These never came close to paying for themselves in the sense that subscribers would pay for them as standalone writing. But they lent gravitas to the paper as a whole, helping to make the paper as a whole a moneymaking proposition.