A few years ago, you would have unfolded your newspaper and read opinion and analysis like this. Those days are gone. Today, most of us get our news and commentary online, perhaps supplemented by network or cable television, although TV viewership is far smaller than in the days of “The Big Three.” Buried alongside those iconic broadcasters is the public’s confidence in news from all sources. Only 16% of Americans say they have a “great deal” or “quite a lot” of confidence in newspapers, only 11% in TV news. Those numbers keep sinking. Today, if Walter Cronkite ended his broadcast, “And that’s the way it is,” most people would just smirk.
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Commentary: Big Tech Has Been Destroying Local News
It’s no secret that local newspapers have been dying. Since 2004, the United States has lost a quarter of its newspapers — 70 dailies and over 2,000 weeklies. This has been devastating for communities across the country who depend on these newspapers to stay informed and engaged. There are many factors causing this decline, but one of the main culprits, especially as of late, has been Big Tech.
There’s a term to describe the actions of massive corporations manipulating the levers of state power to dominate their markets and pad their bottom lines at the expense of others. It’s crony capitalism. Under this system, crony capitalists flood Washington, DC with campaign contributions, pay-to-play experts, and legions of lobbyists to shape the laws and regulations that govern their industries.
Sound familiar? If you have observed Big Tech’s movements within the halls of power in our nation’s capital over the past decade, you know exactly what I’m talking about. It’s said that if you whisper “Section 230” to yourself three times while walking through the Capitol, a Big Tech-funded lobbyist will suddenly appear to explain why changing even one word in the arcane law might trigger the apocalypse.
Read MoreChatham Announces Plan to Buy Newspaper Publisher McClatchy
Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control.
The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy judge; a hearing is scheduled for July 24.
Read MoreDo As We Say, Not as We Do: MSM Conveniently Reprimands Republicans, Not Democrats on First Amendment Reporting
During Friday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill was humored by the one-sided and propaganda-driven reporting by the ‘fake news media,’ and it’s ability to conveniently forget the actions of the lefts…
Read MoreUS Lawmakers Warn Trump Tariffs Threaten Local Newspapers
About a dozen members of Congress warned Tuesday that newspapers in their home states are in danger of reducing news coverage, laying off workers or going out of business if the United States maintains recently imposed tariffs on Canadian newsprint. The Trump administration ordered the tariffs in response to a…
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