Tuesday, April 21, 2020

"Business model" that lies to the public not working?-----US newspapers face 'extinction-level' crisis as Covid-19 hits hard | Media | The Guardian

US newspapers face 'extinction-level' crisis as Covid-19 hits hard | Media | The Guardian

  • The decrease in advertising was swift, as businesses tightened spending due to the economic impact of Covid-19.
  • Experts fear that after newspaper layoffs amid coronavirus, many places may never return to normal.

As journalists across the US scramble to cover the impact of the coronavirus, they are grappling with a bitter irony: as demand for their stories soars, the decline of the business model that funds them is speeding up catastrophically..."
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