3 ms·
Sadly it's easy to do lots of things "no matter what it costs" when you're swimming in ad revenue. The demise of journalism is largely tied to the deep pockets
by milesvp 9y ago
Sadly it's easy to do lots of things "no matter what it costs" when you're swimming in ad revenue.
The demise of journalism is largely tied to the deep pockets being gone. Gone are the days of being able to afford to have a reporter working on a single story for months or years.
If you want this kind of thing, you have to pay for it. Subscribe to newspapers you think are making a difference.
- digi_owl 9y agoMore so than swimming in ad revenue, said revenue was funneled first and foremost to cover journalistic expenses, not dividends for shareholders. I have seen one too many newspapers be subject to a leveraged buyout, that then lead to the advertisement division spun off as its own company, and the rest left to rot.
- dredmorbius 9y agoDavid Simon's lecture, "The Audacity of Despair", addresses this. Roughly mid-way through, I believe around 40 minutes or so. https://m.youtube.com/watch?v=nRt46W3k-qw https://m.youtube.com/watch?v=nRt46W3k-qw