Posted on 04/21/2020 9:06:47 AM PDT by Bruiser 10
As journalists across the US scramble to cover the impact of the coronavirus, they are grappling with a bitter irony: as demand for their stories soars, the decline of the business model that funds them is speeding up catastrophically.
The devastating sweep of Covid-19 is the biggest story in a generation, and for most newspapers and news sites it has triggered record numbers of readers. Yet the virus, industry experts warn, will spell the end for hundreds of those organizations, laying off journalists and closing titles. Coronavirus: the week explained - sign up for our email newsletter Read more
Media outlets across the US have already responded to a huge drop in advertising triggered by the economic shutdown by sacking scores of employees. Some newspapers, just as demand is at its highest, have stopped printing reverting to a digital-only operation that is just as vulnerable to the whims of advertisers.
The decrease in advertising was swift, as businesses tightened spending due to the economic impact of Covid-19. For a journalism industry already barely scraping by, the impact was almost immediate.
(Excerpt) Read more at theguardian.com ...
And there was great rejoicing.
Is this supposed to be bad news?
“I suppose they could fill up the paper with fake anti-Trump polls, and fake anti-Trump editorials”
oh, wait ...
How come dinosaurs don’t talk?
Because they are all dead.
(Thanks to Brian Regan)
There is always a big supply of freebie newspapers at the grocery stores around here. My birds are good ;)
Hopefully we are talking 100% fatality rate.
Most of them won’t be missed, and the few that would are generally the ones most likely to survive.
see posts 13, 22, 32
Boo Hoo
The Epoch Times is a Falun Gong thing so I don't know where their funding comes from, but the local papers mentioned are very valuable and exactly who's going to be hit hardest.
You don't need to advertise in your local paper if you had to close your restaurant.
l8r
I’m inclined to agree with you.
On Lehigh Valley Live there was a clear editorial slant to the left and articles would be published and then dissected and ridiculed in the comments section. The effect was contrary to the intended narrative.
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