The business model of journalism is collapsing. Tens of thousands of journalists have lost their jobs, newspapers are folding, and major dailies are in bankruptcy. Sources blame the rise of the internet and the economic recession. But some argue the industry’s crisis was accelerated by a decades-old trend – corporate ownership and the rise of the media conglomerate. On this edition, we hear a discussion about government subsidies and new funding models to save the Fourth Estate.
Robert McChesney, University of Illinois at Urbana-Champaign communications professor and co-author of “The Death and Life of American Journalism”; John Nichols, Washington Correspondent, The Nation Magazine; Laura Flanders, GRIT TV Host; David Carr, The New York Times Columnist; Pamela Newkirk, NYU Journalism professor.