My $.02: Yes.
Is American Journalism Headed Toward an ‘Extinction-Level Event’? https://www.theatlantic.com/ideas/archive/2024/01/media-layoffs-la-times/677285/
My $.02: Yes.
Is American Journalism Headed Toward an ‘Extinction-Level Event’? https://www.theatlantic.com/ideas/archive/2024/01/media-layoffs-la-times/677285/
@WarnerCrocker magazines seem to have publishers waiting in the wings to fill the niche of those who go out of business, despite distribution making the market almost non-existant. Newspapers, not so much. It has been a long term real estate grab since 1980, nothing more.
@Chancerubbage The minute any enterprise begins focusing on making money over making product the writing is always on the wall marking the beginning of the end.
I saw & experienced a similar event in Aviation in the 80's. Donald Burr & Frank Lorenzo formed People's Express & NY Air respectively, to establish 'cut-rate,' air travel.
They turned air-travel into a Greyhound Bus experience. It was the 'race to the bottom', that Pan American, Braniff, TWA, Eastern, succumbed to.
The end result, a 'Value Jet' reality. Flown lately? Good luck, you are on your own.
They ruined Aviation the way Journalism has been Murdoch-ized.
@davidtoddmccarty Agreed. But it’s more than just a. business model leading to the inevitable.
@WarnerCrocker No one has been able to come up with a new business model that makes sense today.
@davidtoddmccarty Part of my contention is that there’s little interest in doing “quality journalism” in our current age.
@WarnerCrocker If anyone could figure out how to do quality journalism that was profitable, it wouldn’t be inevitable.
@davidtoddmccarty It’s not the journalists I’m talking about. It’s teh bean counters.
@WarnerCrocker I disagree. Respectfully. Plenty of would-be journalists out there. Plenty of would-be consumers. If you made it profitable, there would be plenty of interest in owning it.
It’s just not profitable to report the straight news anymore so it’s all become People Magazine and Entertainment Weekly. Digital is a nightmare because the ads have to be TOO intrusive. Since radio we trained people to expect it for free, because of corporate sponsorship. We have to change that.
@davidtoddmccarty I’d amend that as follows: They’d be lining up to fund it so they could then later sell it off for parts. Today’s way of the world.
@WarnerCrocker I think we agree and are justing couching it differently. If I came up with a foolproof way to make money selling the news they’d be lining up around the block to fund anything I wanted to do.
@davidtoddmccarty Me? A cynic? Whatever gave you that impression? 😉
@WarnerCrocker You’re such a cynic. Even the more altruistic billionaires get a bit distraught when their newspapers lose millions every year. If it just broke even it would be an improvement.
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