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by offby37years 1911 days ago
Before the internet you could have two local newspapers in every town, each profitably reporting facts.

Then the internet came and commoditised facts. New facts are disseminated immediately across social media. Open Google News and you can find thousands of articles covering the same event.

Suddenly, just reporting facts was no longer a viable business. Being a newspaper of record was no longer economically viable. Only the news media that shifted to reporting opinions, outrage, and entertainment survived.

NYT was fading into irrelevance up until mid-2016, it is now more relevant than ever: https://finance.yahoo.com/quote/NYT/

This resurgence was driven by a conscious shift to peddle tribal propaganda: https://www.tabletmag.com/sections/news/articles/media-great...