"The Media Industry's Existential Crisis: Implications for Society and the Republic"

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Source: The New York Times
"The Media Industry's Existential Crisis: Implications for Society and the Republic"
Photo: The New York Times
TL;DR Summary

Despite the digital revolution and the widespread interest in news, traditional media outlets are facing accelerating collapse, with cutbacks and layoffs announced at various publications including Law360, The Intercept, NowThis, Engadget, Condé Nast, Time, Vice Media, and Sports Illustrated. The slow crash of newspapers and magazines is concerning because traditional media played a crucial role in communicating information about the world, from investigative reports to coverage of local politicians, making institutions and individuals more transparent and possibly more honest.

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