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December 19, 2023
Increasing numbers of Americans get their news from Facebook and Apple but nonetheless, every day, six American television networks — ABC, NBC, CBS, Fox News, CNN and PBS — continue to broadcast a nightly newscast. Only one of these, however, is subsidized by taxpayers. The PBS NewsHour receives direct annual support from the Corporation for Public Broadcasting (CPB); it…
July 12, 2023
Joseph Schumpeter famously observed that capitalism unleashed “creative destruction.”[i] If that is so for American journalism, just such a wave has, without doubt, been destroying local newspapers. What’s not yet clear is whether such destruction will be complemented by creation. The result matters not just as it affects a select group of business enterprises. Arguably, local…