A majority of Americans don’t like and don’t trust the media. They’ve divested from it. The Local Journalism Sustainability Act wants to bribe Americans to read the paper with their own money
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.