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Scale Was the God That Failed
- kingsuper20 5y ago"Other publications, such as The Atlantic, are operating sustainably in various niches of their own," That 'niche' being 'funded by an activist heiress' I guess. Nice work if you can get it.
- cratermoon 5y agoDespite their monopoly status, or perhaps because of it, local newspapers were able to cover local and regional news deeply. In chasing the big win, online media completely dropped the ball on local coverage. I can go online and find a myriad sites carrying the same news. Some is passed across the wire services like AP, but in most cases it's because of the concentration of ownership. One company might own a hundred or more outlets, and run the same general news stories across all their websites and run the same content on the TV news. Sinclair Broadcasting is especially notable for that, in their "must-run" segments. All of which is to say that the one thing that newspapers had is now mostly gone.