The year journalism and capitalism finally divorce
Briefly

2023 is the year that journalism and capitalism finally break up.Their relationship has always been fraught, but now it's turned toxic - culminating in a messy dissolution as the retreating market hollows out newsrooms, leaving millions of Americans bereft of local news.Virtually the only for-profit firms still interested in the local news business are the hedge-fund vultures, like Alden Global Capital, that pounce on dying newspapers to profit from their scraps.
Read at Nieman Lab
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