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by yubblegum
99 days ago
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Sorry, have to call b.s. on lack of funds. Our media are owned by a very few, a handful, of corporations. And this happened before Google even existed. It happened in the 90s. > business model I don't know, is this willful ignorance? Press is political ... |
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That Sinclair, Nexstar, CC/iHeartMedia were allowed to consolidate in the 90s is bad.
That Google et al. decimated newspaper revenue from the mid-00s onwards without replacing their newsrooms is worse.*
I wouldn't have as big a gripe if Google or Facebook had started their own news bureaus and funded them with their profits. It still would have been a rounding error on their balance sheet.
But instead they destroyed a social good, took their bonuses, and called it a day.
* See 2007, the year Google was allowed to buy DoubleClick https://www.pewresearch.org/journalism/fact-sheet/newspapers...