rolling journalism into the shitbin thread

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In closing the Tribune deal, Alden borrowed $278M, all of which goes on Tribune's books. $218M comes from PE firm Cerberus; $60M from Alden's other news co, MNG, at an eye-popping 13% interest, additionally lining Alden's pockets on Trib's balance sheet https://t.co/etkQtLT4uM

— Lukas I. Alpert (@lalpert1) May 25, 2021

mookieproof, Tuesday, 25 May 2021 22:56 (three years ago) link

it would be nice if everyone involved in making this deal dies painfully of genital cancer in the next year

bobo honkin' slobo babe (sic), Tuesday, 25 May 2021 23:08 (three years ago) link

seven months pass...

Interesting maybe not terrible news...

Chicago Public Media, which owns WBEZ Radio, has decided to buy the Chicago Sun-Times and run it as a not-for-profit subsidiary.

but also fuck you (unperson), Wednesday, 19 January 2022 14:48 (two years ago) link

that sounds like good news

Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 19 January 2022 14:52 (two years ago) link

I have experience in nonprofit journalism, and think it can be a good thing, yes.

We will never return to the world in which legacy-print outlets are either a great money-making venture or a major determiner of cultural consensus, however. To a sizable chunk of the public, "public media" is basically an arm of leftist propaganda that they will never believe or take seriously. To a different chunk of the public, they're not leftist enough, so again, not to be believed or taken seriously.

While I am sad about this state of affairs, I don't know that there's enough duct tape or Bactine or baling wire or whatever the missing ingredient is to fix the current information landscape. In one sense, there used to be a rough consensus about reality. It was deeply flawed, in incredibly harmful ways, but it was mostly shared.

People nowadays can inhabit mutually unintelligible epistemological spaces, and I am having a hard time being optimistic about the future of information. Sorry, downer

umami dearest (Ye Mad Puffin), Wednesday, 19 January 2022 15:04 (two years ago) link

We will never return to the world in which legacy-print outlets are either a great money-making venture or a major determiner of cultural consensus

You say this but the New York Times is doing a pretty good job at both these things

People say it’s an anomaly but it worked very hard to get that way

Tracer Hand, Wednesday, 19 January 2022 18:12 (two years ago) link

two weeks pass...
one year passes...

In a tense, 3-hour meeting with Baltimore Sun staff, new owner David Smith said he didn't read newspapers, asked staffers to rank each other, suggested they be more like Fox45. And more ... reports @LeeOSanderlin @codyboteler https://t.co/QrIWCe7ny2

— Kimi Yoshino (@kyoshino) January 17, 2024

mookieproof, Wednesday, 17 January 2024 06:25 (four months ago) link

Ah yes, what Maryland needs right now is more right-leaning paper-based media.

CthulhuLululemon (Ye Mad Puffin), Wednesday, 17 January 2024 06:55 (four months ago) link

Ok please forgive my bitterness but in the year of our lord 1985 I had a journalism teacher who had never worked for a newspaper or, as far as I could tell, had never read a newspaper.

If this is how print journalism dies, let it be so. I will pull some deck chairs out to the shoreline and wistfully watch it burn.

Wine not? (Ye Mad Puffin), Wednesday, 17 January 2024 07:03 (four months ago) link

I've known a few advisors who've never worked for a newspaper. but weren't conservative hacks.

poppers fueled buttsex crescendo (Alfred, Lord Sotosyn), Wednesday, 17 January 2024 10:23 (four months ago) link

three months pass...

i have no particular opinions about the intercept or its corporate structure, but it sure *looks* like ken klippenstein is gonna speed-run the taibbi-gleg process

mookieproof, Wednesday, 1 May 2024 07:23 (three weeks ago) link

...in less than 12 parsecs

Pontiack-ack-ack-ack (Ye Mad Puffin), Wednesday, 1 May 2024 08:43 (three weeks ago) link

three weeks pass...

https://i.imgur.com/uMtUYzT.jpeg

mookieproof, Wednesday, 22 May 2024 20:08 (three days ago) link

The Riverfront Times, an alt-weekly I wrote for occasionally years ago, has been sold and all its staff have been let go:

The Riverfront Times' owner has sold the St. Louis alternative weekly newspaper, and its buyer is not retaining any current editorial staff, according to the RFT's top editor.

"I am absolutely heartsick to see the good writers, editors and photographers who made this publication a must-read for so many years losing their jobs," said Sarah Fenske. "We fought the good fight, and what else can you say? The journalists here did terrific work day and day out. I hope someone will hire them — and that somehow, despite long odds, they'll continue in the 47-year RFT tradition of printing the truth and raising hell."

Instead of create and send out, it pull back and consume (unperson), Wednesday, 22 May 2024 20:17 (three days ago) link


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