Tuesday, October 13, 2020

Democrats Want You to Pay the Media’s Bills

While small businesses go under, Democrats are bailing out the media.
The media is dying. Its business model is defunct. Its bias has alienated most of the country. In the latest Pew survey, the only group that still trusts the media are Democrats.
And while so many millions are out of work, Democrats are bailing out the media.
The wave of consolidations and bankruptcies is sweeping like a fire through major papers. Cable news will be a casualty of demographics and the end of bundling. The end of network television is less than a decade away. Brand names like CNN and MSNBC will soon be where Time, Newsweek, and other news magazines ended up once subscriptions collapsed.
The media is dying, but it’s not about to die gracefully. It just needs to find money. Lots of it.
Big Tech billionaires have bought classic newspapers and magazines like Time, The Washington Post, and The New Republic, but those are vanity projects and even Jeff Bezos doesn’t have enough money to subsidize the entire ossified infrastructure of the media.
Image: KnowTechie
But the only people who have more money than the Amazon CEO are the American people.
The media’s Plan A has been sponging off Big Tech companies like Google and Facebook, pressuring them to pour hundreds of millions of dollars into its operations. Its Plan B is blurring the line between lefty activist non-profits and its newsrooms with organizations like Report for America being funded by Facebook and Google to embed activists into local newspapers.
Is that going to pay the media’s bills? No. That’s why there’s Plan C. And Plan C is you.
Read the rest from David Greenfield HERE.

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