3 ms·
Tough feedback loop we're in: No money in journalism -> no investment in journalism -> poor quality journalism -> no payment for journalism -> no money in jour
by gorjusborg 4y ago
Tough feedback loop we're in:
No money in journalism -> no investment in journalism -> poor quality journalism -> no payment for journalism -> no money in journalism
There must be a way out, eventually?
- EricE 4y agoMoney is an issue, but not the main one. When "The Message" is more important than anything else, people eventually tune out. Same thing is happening with Hollywood and that has little to do with money - at least as far as production. "The Message" is more important than solid storytelling so people are checking out. Seems to me the way out is to get back to basics. Stuff your opinions and indoctrination and just report the facts or tell a good story. Guess these industries will have to totally collapse before they reset back to something more reasonable. Oh well.
- horsawlarway 4y agoNot entirely sure this is avoidable with multicast media that must be self-funding. You end up with perverse incentives left and right when you make media primarily a for-profit venture. Herman/Chomsky's propaganda model - essentially. There's no way to "just report the facts or tell a good story" when the primary motive is profit-seeking.
- mola 4y agoI think you got it backwards. The media products are about "The message" because it sells. Even the fact that right wing pundits go batshit crazy about it in Twitter is a win. When it stops selling, it'll die down. These US media companies are very simple minded.
- gopher_space 4y agoI'm seeing some really domain focused subscription-only newsletters pop up. I think Axios provides media in this format to some degree.