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I think the problem with Vice is not that they are moving to just social media / YouTube, it's that the whole segment news publishers is dying. If you are runni
by _fat_santa 3y ago
I think the problem with Vice is not that they are moving to just social media / YouTube, it's that the whole segment news publishers is dying. If you are running an org with hundreds of positions, management overhead and other fixed costs that come with operating a traditional company, it's very hard for your to compete with the likes of Substack and other independent journalists. In fact I'd say that there are very few companies these days that can make it work, either you are the New York Times or a similar org in which case you can use your sheer weight in the space to survive, or you're an org like Daily Wire that has a specific angle (conservative news) and then subsidize your standard revenue with products (DW launched a razor company, and a chocolate company, both are billed as the "conservative alternative" to Harry's / Hershey's).
Outside of those groups, everyone else is getting clobbered by Substack and Twitter. 10-15 years ago if you wanted to be a journalist you had to go work for one of the major newspapers, nowdays you can strike out on your own with a Substack and Twitter/X account. Those guy put our news just like they would at the major newspapers, but they have a fraction of the overhead that those guys do.
- 15457345234 3y ago> 10-15 years ago if you wanted to be a journalist you had to go work for one of the major newspapers, nowdays you can strike out on your own with a Substack and Twitter/X account. That's not journalism, that's punditry. What's new is considering people that professionally flap their lips about anything that comes into their head - no matter how removed from reality - 'journalists' when 10-15 years ago the term would have been 'outspoken lunatics.'