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>the content creators, and it's now killing journalism. Nah. What has happened is that newspapers have lost their monopoly. In most markets, there was one new
by pravda 9y ago
>the content creators, and it's now killing journalism.
Nah. What has happened is that newspapers have lost their monopoly.
In most markets, there was one newspaper and that newspaper could charge advertisers far in excess of their costs.
Might as well been printing money with the presses.
Now, their monopoly rents have gone away. Now, they have to earn their money!
Earning money is hard compared to having a monopoly.
- username223 9y agoSo what's the future of how we keep up with goings-on near where we live, after local news dies? Random yapping bloggers with Google AdSense? (Talk about monopoly rents...)