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It's not just newspapers. Journalism as a whole is shrinking rapidly. Concerns over privacy and personalized advertising will have long terms impacts on ad reve
by tschellenbach 8y ago
It's not just newspapers. Journalism as a whole is shrinking rapidly. Concerns over privacy and personalized advertising will have long terms impacts on ad revenue. Ad revenue is the primary way through which journalism is funded. Unless you have a great brand like the Economist, or the Wall Street Journal you're in trouble. To do well you now have to write content that people are willing to pay for. That's a pretty high bar to reach.
- Karunamon 8y agoI'd add to this a somewhat controversial stance: I'm not sure that the world needs or can sustain journalism as a job anymore. Let me explain a bit. By "can sustain", I mean that the whole point of being a journalist is objective reporting, with cultivating trust as a goal. Without trust, a journalist is no better than a blogger with a writing degree. Except I don't think that trust meaningfully exists anymore. Most news in the largest nations is in the hands of a handful of gargantuan monied interests, and with there being no legal obligation to divorce fact from opinion from advertising, they probably will not, so long as not doing so remains as profitable as it has been. What's the substantial difference between a journalist you can't trust to distill pertinent facts from events, and a random blogger you have no reason to trust in the first place? One makes more money. Maybe. Are you sure you didn't just read a native ad? By "needs", I mean that faced with this loss of trust, individual people are going to have to do what they should have been doing in the first place, namely choosing their news sources carefully and paying more attention to subtle and not-so-subtle bias. It's a huge mistake to rely on media credentials as a proxy for likelihood of telling the truth, yet that is the entire concept of journalism as a career path.
- deleted 8y ago[deleted]
- cornholio 8y ago> people are going to have to do what they should have been doing in the first place, namely choosing their news sources carefully and paying more attention to subtle and not-so-subtle bias. It's a huge mistake to rely on media credentials as a proxy for likelihood of telling the truth, yet that is the entire concept of journalism as a career path. Media credentials are a way to aggregate that trust on the long run and invest decades into building a reputation of integrity. With the expectation that it will be profitable in the future, people will come to rely on you because they know how costly any damage to that reputation is to you. In the model where every internet page is a source that has to vetted individually, the journalists are indeed obsolete but not because they weren't useful; now every citizen must do their own full journalistic investigations before trusting anything written. Most people lack the skills and education to do that work and society is, on the whole, worse off. People will not be doing what "they should be doing in the first place", we will get the misinformation soup that served us with Trump, Brexit, antivaxx and the score of post-truth social ills.
- someguydave 8y ago>People will not be doing what "they should be doing in the first place", we will get the misinformation soup that served us with Trump, Brexit, antivaxx and the score of post-truth social ills. This is why Trump won.
- pjc50 8y agoYes, people like to believe the lies of Trump, Brexit, and antivaxxers, and that led to Trump winning. So how do we convince them not to choose comforting lies?
- anon1385 8y agoThe MMR scare, which is the origin of a lot of the modern antivax movement, was something that was largely created by (UK) newspapers[1]. This was back in the 90s before the subsequent decline in revenue from advertising and competition from online news; it wasn't something that happened due to lack of resources to do fact checking- papers took an active decision to 'campaign' in support of Wakefield and dedicated huge amounts of resources and column inches to the topic. It wan't just a tabloid thing either, most of the media gorged themselves on a festival of misinformation and emotive scare stories for years after the original article had been retracted by most of the authors. You really couldn't have picked a worse example. Brexit is a more complicated topic, but it's worth pointing out that it occurs after a decades long smear campaign by much of the UK media against the EU. [1] https://en.wikipedia.org/wiki/MMR_vaccine_controversy#Media_role https://en.wikipedia.org/wiki/MMR_vaccine_controversy#Media_...
- someguydave 8y agoAlso, people actually had reasons for voting for Trump that were not related to the content of fake Facebook posts.
- repolfx 8y agoThis sort of thing is why newspapers are going to die and good riddance. Yes the MMR scare was bad reporting of bad science. But this: Brexit is a more complicated topic, but it's worth pointing out that it occurs after a decades long smear campaign by much of the UK media against the EU. ... is just laughable. What you mean is that the UK media, rather unusually for Europe, actually digs up dirt and reports negative stories about the EU. You know, holding government to account, one of the primary functions of journalism. I've noticed lots of people in the rest of Europe like to describe the UK media this way. I find it rather pathetic. Even the head of the EU Parliament after the Brexit vote explained it by saying the people had been "brainwashed" by the media. The only reason it feels to them like the UK press runs a smear campaign against the EU, is that supine and useless European newspapers are all ideologically in bed with it and refuse to publish negative stories at all. I read the German press sometimes and any article that at first may appear to be criticising the EU invariably is actually criticising national governments, often with an explicit or implied appeal to the EU to bring the elected governments into line. EU supporters have got used to dog-like loyalty from the press and act shocked when they read genuine, hard hitting criticism in British newspapers.
- golergka 8y ago> Most news in the largest nations is in the hands of a handful of gargantuan monied interests But they are also at odds with each other, and can gain advantage by exposing one another. Just like with politicians — a true democratic system is designed with crooks and liars in mind, and balances them one against the other.
- forapurpose 8y ago> Most news in the largest nations is in the hands of a handful of gargantuan monied interests That was true for a long time, but the Internet in fact greatly increases the news options: The Internet lowers barrier to entry compared with the old newspaper (presses and distribution costs) and TV (broadcast facilities, spectrum licenses, etc.). My locality has several publications that wouldn't exist without the Internet. Also on larger scales there is the Huffington Post, Buzzfeed, ProPublica, etc. etc. etc. Think of the world of IT news; how many of those would make it as print publications? The Internet also makes news from other localities far more available. I can easily read news from all over the world; in fact HN links to it. The Internet and web technologies also lower the cost to free for much news (with all the complications that involves), and allows aggregation and other facilitation. And of all the news sources I've referred to (local, national, international, etc.), think of how incredibly long the list of owners is and how diverse it is.
- Karunamon 8y agoSerious question - how many of those many news sources have you taken the time to trace their ownership or influencers? As an example, you mentioned BuzzFeed - did you know that Comcast nee NBCUniversal invested roughly $400M into them[1] in the last couple years? Or that they were caught deleting posts[2] critical of their advertisers in 2015? Did you know that Huffington Post, Engadget, and TechCrunch are all owned by Verizon[3]? I'm not sure the proliferation of sources amounts to much, as many of those sources are hardly independent at the end of the day. What's your favorite flavor of tech news.. Verizon or Comcast? I'm not being fatalistic here, I'm saying that most people don't bother to do this work, and so they aren't aware of how few owners actually exist in the journalism market. This is not a healthy state of affairs. [1]: https://en.wikipedia.org/wiki/BuzzFeed#Funding https://en.wikipedia.org/wiki/BuzzFeed#Funding [2]: https://en.wikipedia.org/wiki/BuzzFeed#Advertiser_influence_on_editorial https://en.wikipedia.org/wiki/BuzzFeed#Advertiser_influence_... [3]: https://en.wikipedia.org/wiki/Oath_Inc https://en.wikipedia.org/wiki/Oath_Inc
- forapurpose 8y agoThat is very informative and helpful; thank you. I wasn't aware or didn't remember all that. I still think there's more diversity now than before the Internet. There are several more publications in my locale, for example, and some are more focused on local public affairs than the leading local newspapers were (which I assume have to appeal to a wider audience). And there are the other sources I mentioned. Do you know if it's objectively worse than before the Internet?
- watwut 8y agoWasn't most actual past real world journalism opinionated one? There was never period when it was objective in a sense of "fully factual, does not cherry pick, does not ignore point and arguments that don't fit journal worldview". It is likely not even possible.
- cf498 8y agoTrust isnt the only point though. The threat of a decline is full time journalists means also some things will fall through the cracks because no one invests the time to look at it. A good example might be the Snowden documents. They were quite numerous and multiple news agencies put a lot of manpower into actually looking through them.
- mngthrowaway 8y agoI honestly think there just isn't enough innovation in the newspaper industry for it to survive. Newspapers are too old school to innovate/iterate their models. For example, mng has 50+ newspapers. Why not identify 10 different ideas and test them out on a few newspapers. Some bad ideas that get my point across: - Have a reddit-style front page with upvotes/downvotes - Put all articles on a map so users can see whats relevant near them - Ask users to sign in to facebook and google on the website so that each ad is more targeted and provides more revenue
- forapurpose 8y ago> I honestly think there just isn't enough innovation in the newspaper industry for it to survive. Newspapers are too old school to innovate/iterate their models. This frustrates the hell out of me. The public greatly needs the journalism, not the paper and ink. Despite decades of warning and preparation, many just can't seem to embrace the new medium and find profitable models. You can see it in their generally awful websites: Nobody designing a website from scratch, including for news, would make those choices; you could show me dozens of unidentified news websites and I expect I could easily pick out the newspapers. Also, they can't seem to embrace any medium of communication but text, as if it were 1995 and other media on computer were just being developed. They are still trying to stick to paper-and-ink layout and mediums, just displayed on a website. The New York Times is scary to watch. I know people laud its digital efforts, but I suspect that's based only on reputation because I haven't seen anything laudable. They also can't seem to fully integrate other media; the other media is displayed beside the text, not integrated fluently into it as most bloggers or social media users could do - imagine communicating with images! Looped animations! Short video clips! Their social media manager, at least as of several months ago, was someone who didn't use social media himself. A little while ago, a NYT IT staffer's wriieup of their newly developed "text editor" was posted here - they used the term repeatedly, but it wasn't a text editor; it was a content management or enterprise publishing system; they didn't seem to know that basic terminology - at the NY Times! (It's not that I care about terminology, it's that it's a red flag - if someone referred to a CMS as a "text editor" in an interview, I'd be concerned.)
- intended 8y ago