For a few hours last Tuesday, the entire news business seemed to be collapsing all at once.
The Times was once a pillar of the American media establishment, celebrated in David Halberstam's classic media study, The Powers That Be. Now it has become a national exemplar of what the journalist Margaret Sullivan calls the 'ghosting' of the news-the gradual withering of news-gathering muscle as once-proud publications become shadows of their old selves.
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