What needs to be done to help the media industry?

If it wasn’t already obvious that the media industry was in dire straits before the coronavirus came along, it has become abundantly obvious now. Every day, it seems, news outlets large and small are announcing waves of furloughs, salary cuts, and layoffs for significant numbers of their employees—the Los Angeles Times, Tribune Publishing, Conde Nast, BuzzFeed, McClatchy (which had already filed for bankruptcy before the pandemic), even Fox Corp. have all implemented cuts. Protocol, a tech news startup launched by the owners of Politico, in February, just laid off almost half its newsroom. Some local newspapers have shut down completely and may not be able to return once the economy picks up. What can be done about this? Should there be a government bailout? Should digital platforms like Google and Facebook be forced to subsidize a public fund for media? To hear some answers, CJR convened a virtual panel on Galley, our discussion platform.  “It is now abundantly clear that there is no commercial solution for local journalism,” Victor Pickard, a professor at the University of Pennsylvania and the author of a recent book, Democracy Without Journalism, said. “Local journalism was in shambles even before the pandemic struck. But now the newspaper industry—which is still our major source for original local reporting in the US—is facing existential doom. Given that context, we need immediate emergency funding.” Pickard went on to say that any funds handed out should be... Continue reading at 'Columbia Journalism Review'

[ Columbia Journalism Review | 2020-04-24 11:57:00 UTC ]
News tagged with: #widespread panic #grocery stores #limited number #hiring freeze #pay cut

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'Groundbreaking' first intake of Publishing Assistant apprentices enter industry

The first cohort of Publishing Assistant apprentices have this week started their year-long programme of work and training. Continue reading at The Bookseller

[ The Bookseller | 2019-10-30 03:29:09 UTC ]
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LVMH bids for Tiffany and Disney media review causes controversy: Monday Wake-Up Call

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[ Advertising Age | 2019-10-28 10:22:02 UTC ]
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Why Fox isn’t sweating the low-rated World Series: Sports Media Brief

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[ Advertising Age | 2019-10-25 21:12:59 UTC ]
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Media experts on the future of publishing: Hear from Condé Nast, Hearst, Meredith, NYT, Vox, WSJ and more

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[ Advertising Age | 2019-10-22 14:50:00 UTC ]
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The 2019 Publishing Hot List: The Print and Digital Media Brands Paving a Way to Profitability

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[ AdWeek | 2019-10-21 00:00:55 UTC ]
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'It gets late early out there': Sports Media Brief

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[ Advertising Age | 2019-10-18 21:21:01 UTC ]
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Media experts on the future of publishing: Hear from Condé Nast, Essence, NYT, Vox, WSJ and more

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[ Advertising Age | 2019-10-18 16:17:19 UTC ]
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Betches' Aleen Kuperman on explaining new media to immigrant parents—and not wanting to write about 'The Bachelor' again

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[ Advertising Age | 2019-10-18 09:01:00 UTC ]
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‘We realized we could pull it off’: 2 years in, Bayer is on track to take all digital media buying in-house by 2020

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[ Digiday | 2019-10-18 04:01:51 UTC ]
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How Digital Media Could Help Decide the 2020 Election Winner

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[ AdWeek | 2019-10-16 15:10:26 UTC ]
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What’s Next for American Media, LLC? | News & Notes

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[ Folio Magazine | 2019-10-15 20:27:22 UTC ]
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[ Advertising Age | 2019-10-15 11:00:00 UTC ]
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Ronan Farrow’s dark memoir puts the media at the center of intersecting conspiracies

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[ The Washington Post | 2019-10-14 16:12:00 UTC ]
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[ AdWeek | 2019-10-14 15:22:42 UTC ]
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Tiger Oak Media Files for Chapter 11 Bankruptcy

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[ Folio Magazine | 2019-10-10 14:55:27 UTC ]
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[ Digiday | 2019-10-09 04:01:45 UTC ]
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‘It can be demotivating’: Digital media’s all-stock deals are the new normal

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[ Digiday | 2019-10-09 04:01:17 UTC ]
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[ Publishers Weekly | 2019-10-09 04:00:00 UTC ]
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[ Editor & Publisher | 2019-10-08 16:38:01 UTC ]
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[ The Bookseller | 2019-10-08 04:17:31 UTC ]
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