added by sari · updated 2y ago
Twilight of the Media Elites
- “A subscription business model leads towards being a paper for a particular group and a particular audience and not for the broadest public,” Peretti said. He’s alluding, in part, to the theory that the Times’s subscriber base wants to read a certain kind of news and opinion — middle/left of center, critical of Donald Trump, etc. — and that strayin... See more
from BuzzFeed’s Jonah Peretti on why he bought HuffPost and why the New York Times can’t be "the paper of record" by Vox
sari added
- The Times, Peretti allowed, has since refined a very good subscription business model, which has allowed it to make better journalism by hiring more and better talent. This is not a controversial opinion. But the next part may be: The New York Times, Peretti argued, can’t really be called “the paper of record” anymore — because of that same subscri... See more
from BuzzFeed’s Jonah Peretti on why he bought HuffPost and why the New York Times can’t be "the paper of record" by Vox
sari added
- The other problem with media comes from the new subscription business model they implemented. With an increasing polarization, media outlets must stay in their political leaning. If they don’t, they face a massive loss of subscriptions. An example of this happened recently with the NYT. By publishing “Send in the Troops,” the company faced one of i... See more
from It’s Time For a Media Revolution: The GitHub Model of Truth by Mehdi Yacoubi
sari added