Journalism

The Internet is bringing restructuring to the news industry. But what, if anything, does the shift from vertically integrated newspapers to specialized information services tell us about the state of journalism? After all, the car, aerospace, and computing industries all became much bigger, more innovative, more efficient, and more global after they adopted a focused-supplier approach, and these changes greatly benefited consumers. The restructuring of the news business will likely do the same.

With the collapse of local news accelerating, Steve Waldman, co-founder of Report for America, leads new independent nonprofit organization developing non-partisan public policies to strengthen community journalism. The Rebuild Local News Coalition, an alliance of local news organizations launched in 2020, has now become an independent nonprofit organization and plans a drive to advance a range of public policies to address the accelerating crisis in local news that threatens so many communities.

I no longer believe, and haven’t for years, that our current commercialized and consolidated media is capable of curing its own ills. I applaud what remains of community and independent media. These folks struggle mightily to maintain sufficient resources needed to do their jobs, but it becomes more difficult each year as newspapers are bought up by huge non-community chains, local stations go off the air, newsrooms are shuttered, reporters are fired en masse, and local, regional, and statehouse coverage diminishes. It’s not working; something else is needed.

Elon Musk said that Twitter was reinstating the accounts of several journalists whose accounts were suspended after he had accused them of violating the social media platform’s rules on personal privacy. Musk said he was restoring most of the accounts, which had been deactivated on Dec 15, after a majority of respondents in his informal Twitter survey voted that the suspensions should be lifted immediately.

Twitter suspended the accounts of several journalists without publicly specifying why, the latest instance of the platform making content or user decisions under Elon Musk without much transparency. The accounts belonged to journalists from publications including CNN, the Washington Post, the New York Times, and Mashable.

Lawmakers ended what had been an effort to allow media organizations to band together to negotiate revenue sharing deals with tech giants, leaving the provisions out of a massive spending bill amid intense pushback from industry and advocacy groups. The Journalism Competition and Preservation Act (JCPA) was omitted from a bicameral agreement on Congress’s sprawling defense-spending legislation.

Elon Musk is the latest patron for an alternative-media ecosystem — right-leaning but not conventionally Republican — that has emerged in the last two years. Feeding on resentment against mainstream media, new media players have established a power base via Substack newsletters, podcasts and other independent channels. Writers Matt Taibbi, Bari Weiss and Glenn Greenwald are getting new attention with Musk's ownership of Twitter. And they're reigniting long-simmering debates about what constitutes journalism in the internet era.

In recent years, several new options have emerged in the social media universe, many of which explicitly present themselves as alternatives to more established social media platforms such as Facebook, Twitter and YouTube – especially by opposing free speech restrictions they say are rife at those sites. These newer sites have created a small but satisfied community of news consumers, many of whom say one of the major reasons they are there is to stay informed about current events.

Cox Communications parent company Cox Enterprises inked a deal to acquire well-known news outlet Axios for more than half a billion dollars, in a move the former pitched as part of an effort to diversify its business. As part of the transaction, Cox Enterprises CEO Alex Taylor will join Axios’ board. Axios co-founders Jim VandeHei, Mike Allen and Roy Schwartz will lead editorial operations and retain “substantial stakes” in the company.

This study was commissioned by the Reuters Institute for the Study of Journalism to understand how news is being consumed in a range of countries. Research was conducted by YouGov using an online questionnaire at the end of January/beginning of February 2022. 2021’s report contained some positive signs for the news industry, with higher consumption and rising trust amidst a second wave of Coronavirus lockdowns.