Tuesday, January 29, 2019

The death of journalism

In Frontpage Magazine David Greenfield asks,
If the media falls with no one to report it, does it make a sound? Last week, the $450 million temple constructed by the media to worship itself was sold off for $372 million to Johns Hopkins.

...The last desperate strategy of the media is blackmailing the big dot coms for operating income. Amazon’s boss is behind the Washington Post. And Google and Facebook are pouring in hundreds of millions of dollars into the media.

...The media declared a fake news crisis and demanded that Facebook and Google prioritize their traffic. As a piece at Columbia Journalism Review argued, "the one thing journalism actually needs: a guarantee that the conditions on the platform will benefit those producing high-quality reporting."

Google and Facebook have already privileged media content and censored conservative media, even though that’s not what their users have signed up for. But that makes the media dependent on the business model of a handful of internet monopolies already being targeted by the GOP and the Dems. And the same disruptive trends that wrecked the media’s old business models will wreck its new one.

...The media has never addressed the fundamental problem with its business model. It wants a monopoly on the marketplace of ideas even as its own positions drift further leftward. It has tried to outgrow that problem by becoming a bigger monopoly, but the internet limited the extent to which its old infrastructure investments could monopolize the public square, leaving its expensive investments in broadcasting and printing equipment as useless as the massive square footage of the Newseum.

...But its new masters rightly view it with contempt.

“They call us to explain to them what’s happening in Moscow and Cairo,” Ben Rhodes once sneered to the New York Times. “Most of the outlets are reporting on world events from Washington. The average reporter we talk to is 27 years old, and their only reporting experience consists of being around political campaigns. That’s a sea change. They literally know nothing.”

The Obama adviser wasn’t wrong.

...The dedication of the Newseum in 2008 also marked the death of journalism. That was the year when the media tossed aside any appearance of independence and officially joined a political campaign. A decade later, journalism may be occasionally practiced on the sly, but it doesn’t exist as a profession.
Read more here.

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