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nikonuser805 t1_iy07le4 wrote

Reply to comment by bigbrothersrule in Fit to Print (2017) - Documentary that tells the history of how Wall Street greed and lack of foresight lead to the decimation of the newspaper industry and tens of thousands reporters losing their jobs and the eventual erosion of a vital way to hold power accountable. [01:33:47] by thenewsisreal

The Newspaper business reminds me of the underpants gnomes in South Park. But in the case of Newspapers, the transition from the 1990s to the 2030s looks like this:

Step 1. Gather news. Print and distribute physical medium. Profit.
Step 3. Gather News. Distribute through electronic medium. Profit.

And Step 2 is the utter chaos and disastrous shitshow for those who work in the news business. This is where they are today, and no one really knows how to get to step 3.

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