Tue, 16 February 2021
One of the glories of American democracy is the variety of voices one can choose from for information about current events. Even as ownership of radio and television and online sources consolidated into an oligarchy of hyper-rich corporate entities, there were all those newspapers, locally-owned, and locally-run and independent of one another. That’s changing. And here’s the really bad news … the new owners are hedge funds with no background in journalism, interested primarily in growing their own profits. Rick Edmonds of the Poynter Institute tells that story. |