I gotta say I just don't see where this is true, even a little bit. If a media property sells for a certain amount, that's often taken (even by other media!) as an indication of relative success/impact. This is especially true when the $ is much bigger or smaller than expected. https://twitter.com/awilkinson/status/1252981198428581892 …
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When Newsweek sold for $1, this was considered a big deal and indicative of all sorts of things.https://dealbook.nytimes.com/2010/10/07/newsweeks-price-tag-1/ …
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Furthermore, this idea that "journalism is about the impact, not the $$" is one of those things that's often trotted out in when the topic of precarity in the field comes up, & justifies gross practices like unpaid internships at high-profile outlets.
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Like, people don't go into journalism to get rich, true. But you outta be able to make a good living at it, & the fact that right now you pretty much can't is giant problem & an indicator that the field is unhealthy, not an indicator that it is a purely noble calling.
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(In the above tweet, "you pretty much can't" is like saying you pretty much can't make a living playing basketball or writing poetry. Of course you can, but "basketball player" or "poet" are not sane career paths. And "journalist" is increasingly in that boat.)
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Journalism has been totally corrupted, as has the financial system, as has the government, *as has the healthcare system*, *as have the cops!!!!!* And they are all failing! Surprisingly, the military is still ok! Let's hear it for our soldiers!pic.twitter.com/q1s6Qd6nXM
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