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fromExchangewire
1 week agoThe Stack: Big Tech at Legal and AI Crossroads
The tech industry is under pressure from legal issues and regulatory measures, particularly regarding antitrust and AI implications.
Digital creators have fundamentally transformed the media landscape and how audiences consume content. By bringing Parker Management into the Propagate family, we're doubling down on our commitment to representing the most influential voices across all platforms.
"Just completely sickened by this news," Polygon cofounder Brian Crecente shared on Bluesky. "Mostly for those so suddenly and deeply impacted, but also for the dwindling number of publications seriously covering video games."
After its purchase by a tech entrepreneur, the publication is now a shadow of itself. A letter signed by its illustrious contributors says as much about a way of life as it does about the media industry.
Nonprofit journalism has exploded in popularity in recent years, propelled in part by the success of investigative giant ProPublica. The enthusiasm has led some to proclaim nonprofit journalism as a savior for the media industry.
From its opening at $14 per share, Newsmax's stock soared to $233, resulting in a market cap near $30 billion, despite its lower viewership compared to Fox News.