News for hackers. Stuff that matters.
Re:It feels like America is running out of everything by jl2718 on Thursday October 07, 2021 @12:42PM (#28788767)
I think you could prove this by following the money. I suspect that none of the major news organizations make the majority of their cash flows from advertising. I would suspect that they are operated at huge losses or increasing debt funded by their ‘shadow customers’. My cursory search was unable to produce any transparent financials. Maybe somebody else can do better.
Re:It feels like America is running out of everything by borkyborkbork on Thursday October 07, 2021 @01:04PM (#28789162)
The big problem is media is greatly funded by clicks, which leads to picking a demographic and pandering to it.

Hence AT&T owning CNN & then coming up with the idea for a network like OAN to cater to a different demographic.

Re:It feels like America is running out of everything by thepasswordis on Thursday October 07, 2021 @12:49PM (#28788886)
That seems extremely unlikely. They’re funded by advertisers.
Re:It feels like America is running out of everything by jl2718 on Friday October 08, 2021 @09:37PM (#28806232)
Okay then why are they all going broke and being bought by huge conglomerates?

Operating at a loss is the same thing as being funded by someone else.