I think this is almost entirely the economics of the industry collapsing, rather than ideology
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The economic demand is collapsing because the ideology has been oversold.
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Agreed.They are blaming everyone but themselves.They need some serious self reflection and self introspection.
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And short sighted cost cutting and consolidation. Also slow withdrawal from comparatively expensive investigative journalism and into cheaper, profitable opinion journalism.
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Because I'm an eternal skeptic, I wonder if it isn't just a business cycle thing. There was an opportunity in the news media and too many investors committed too much and now they're pulling back.
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1000? industry-wide? it's called a 'Thursday' in IT.
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Shouldn't be called news or media, it's political PR employees. We know their masters and mission- division of America.
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Can we talk about incentives? As a for profit model they compete with the likes of sports, Netflix, hulu, prime, etc. Not that there's no blame, but it's a broken system caused by having to get average Joe's to tune in to news instead of the latest binge worthy TV show
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I don't celebrate anybody losing their job but they should have found a way to produce something of value instead of just perpetuating outrage culture & partisan bias. That was never going to last.
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