Re:What people get paid to work in journalism
by mesh on Wednesday November 13, 2019 @08:45PM
(#21531989)
Chomsky and Herman discuss this in Manufacturing Consent:
https://en.wikipedia.org/wiki/Manufacturing_Consent
Good video / overview here: https://www.youtube.com/watch?v=34LGPIXvU5M
Re:What people get paid to work in journalism
by danko on Wednesday November 13, 2019 @08:51PM
(#21532022)
For the NY Times, the assertion that most of their revenue comes from advertising just isn't true. 60% of their revenue now comes from subscription fees, and advertising's slice of their revenue has shrunk consistently.
https://dashboards.trefis.com/no-login-required/5gNimvTR/New...
Re:What people get paid to work in journalism
by danso on Wednesday November 13, 2019 @09:32PM
(#21532274)
To be fair, getting high percentage revenue from subscriptions is a very recent phenomenon, and the NYT is one of the exclusive few (arguably the only one) that is finding this strategy and trend to be viable.
Most revenue from news must come from advertising, and I think advertising is a poisoned chalice. It makes the news organisations beholden to corporations they should be reporting on, and fulfils the adage "news is what they don't want you to hear, everything else is PR".