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

Other Publishing stories related to: 'What needs to be done to help the media industry?'


You’d have to be crazy to start a media company, right?

Media startup founders apparently didn't get that memo that now's a pretty bad time to be in the publishing business. So, are they crazy? The post You’d have to be crazy to start a media company, right? appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-06-20 00:00:00 UTC ]
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Gulfshore Media Buys Venice Magazine

Gulfshore Media is adding Venice Magazine to its portfolio of city and regional titles in Central Florida. Terms weren't disclosed. Continue reading at Folio Magazine

[ Folio Magazine | 2014-06-20 00:00:00 UTC ]
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'There's only one IPC Media' - it's the magazine publisher's new song

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[ The Guardian | 2014-06-20 00:00:00 UTC ]
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Industry gears up for The Great Bookshop Debate

Authors want both online and bricks and mortar retailers to thrive, Louise Doughty has said.... Continue reading at The Bookseller

[ The Bookseller | 2014-06-17 00:00:00 UTC ]
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News Corp and Mail Online plagiarism spat goes to Cannes Lions festival | Media Monkey

The ongoing Antipodeon spat between News Corp and Mail Online over the latters alleged plagiarism appears to have spilled over onto waterfront at this weeks Cannes Lions advertising festival. The Daily Mail websites publisher, Martin Clarke, never known for half measures, is schmoozing... Continue reading at The Guardian

[ The Guardian | 2014-06-17 00:00:00 UTC ]
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Live Q&A: Ask ourexperts about the self-publishing industry

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[ The Guardian | 2014-06-16 00:00:00 UTC ]
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Media Monkeys Diary: BBC traitors, the Sun, John Ryley and Robert Peston

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[ The Guardian | 2014-06-15 00:00:00 UTC ]
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Former Time Warner Cable CEO and industry leader Glenn Britt dies

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[ Los Angeles Times | 2014-06-12 00:00:00 UTC ]
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BISG Annual Industry Awards Open for Nominations

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[ Publishers Weekly | 2014-06-11 00:00:00 UTC ]
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HC's digital festival fires social media

HarperCollins' digital Romance Festival, held this weekend, notched up over six thousand... Continue reading at The Bookseller

[ The Bookseller | 2014-06-09 00:00:00 UTC ]
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The Industry Celebrates Audiobook Month

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[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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Industry gears up for first FutureBook Hack

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[ The Bookseller | 2014-06-06 00:00:00 UTC ]
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Magazine publisher ShortList Media reports losses of almost £1m

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[ The Guardian | 2014-06-06 00:00:00 UTC ]
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Industry Stocks: May Performances

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[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Clinton Wins The Vote on Social Media

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[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Trends Media’s Liu Jiang: Diversifying Beyond the ‘Print Mindset’

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[ Knowledge@Wharton | 2014-05-20 00:00:00 UTC ]
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Women's fiction is a sign of a sexist book industry

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[ The Guardian | 2014-05-16 00:00:00 UTC ]
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[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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[ Folio Magazine | 2014-05-07 00:00:00 UTC ]
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Industry Stocks: April Performances

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[ Publishers Weekly | 2014-05-02 00:00:00 UTC ]
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