Do most journalists, like @asymmetricinfo, truly fundamentally misunderstand their industry? Or is this gaslighting? http://bv.ms/2fk102c
..right-wing media exploded not because reporters were pushed into ghettos, but because a market-niche for their narrative opened up.
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.Q: if the MSM's business model is crafting narrative, why are the main outlets so homogeneous? Couldn't one make $ by differentiating spin?
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..A: Not really. There are network effects whereby media consumers benefit from being on the same page. Defection would shrink potential mkt
End of conversation
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