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>>I think people are underestimating the importance of the NYT. If the NYT suddenly disappeared tomorrow, I'd argue that, at least in the near term, it would ha
by _exec 14y ago
>>I think people are underestimating the importance of the NYT. If the NYT suddenly disappeared tomorrow, I'd argue that, at least in the near term, it would have far-reaching implications for the US as a society, as a political body, and as a culture. I think it would impact the course of global events in very real ways. The NYT, despite its market cap, is thoroughly integrated into the fabric of the US and serves a number of very important functions.
Would you care to elaborate?
- ForrestN 14y agoTake politics for example. The NYT, far more than any other press organization, functions to expose or amplify information about scandals, secret agendas, government mistakes and abuse. It interviews, analyzes and reports on candidates for office in ways that routinely, as in maybe twice a month, significantly impact the trajectory of a campaign and subsequently an election. Another example is Wikileaks, where the NYT played a very important role on several sides of the story. The NYT is very much responsible, especially within the US, of amplifying, editing, and creating much of the narrative around the major Wikileaks dumps it was involved with. And they aren't always a force for "good", and have done a lot to damage Assange's reputation and helped marginalize Wikileaks. I don't think everything the NYT does is great, but they are a hugely important part of many many world-scale developments. You could write similar things about its role as an arbiter and editor of culture, about its influence on the public discourse and the ideas that permeate contemporary life, on its role in business and consumer culture (Foxconn, as a recent example). It touches so many things, and reaches so many, as those in tech might call them, "influencers," that it permeates American life, directly and indirectly.
- Aloisius 14y agoA shockingly large amount of non-PR driven, non-public event stories originate at the New York Times and are simply rewritten and repackaged by other news organizations. It is a good bet that what is printed in the New York Times in the morning, goes on tv at CNN, MSNBC and even FNC for the day.