4 ms·
I sometimes thought I was a singleton set of people who believed this. I'd add that the old media is also in a vicious cycle wherein they can only attempt to ga
by baryphonic 6y ago
I sometimes thought I was a singleton set of people who believed this. I'd add that the old media is also in a vicious cycle wherein they can only attempt to gain dwindling share of attention by reducing their credibility. At the micro level, (e.g. on Twitter, where a pan-outlet collection of journalists "mutually discover" the preferred narrative) this sometimes looks a bit like fixed point iteration about a circular firing squad.
I would predict that in this case, Facebook is probably right that news content could be excised from Australia without much cost to the company. It may hasten the demise of the old media in Australia.
- ehnto 6y agoWhile I will celebrate the fall of NewsCorp, old media does include a swath of local television and print media that are doing good work for the communities they're part of. I often hear that concern met with unsympathetic calls to get with the times, but making a media company purely out of social media isn't profitable either. We'll be left with nothing but social media if we're not careful.
- baryphonic 6y agoI somewhat agree (though I do think local TV news often makes Anchorman look more like a documentary than a farce), but some of the local papers really are more of a community institution. In my experience, most of their problems involve inability to have reliable operations, e.g. setting up billing accurately or delivering the paper accurately and on time, which angers subscribers.