this post was submitted on 04 Aug 2023
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[–] whelmer@beehaw.org 5 points 1 year ago

Yeah and so do the companies that are lining up at the feeding trough. Look at the pathetic state of the Canadian newspaper and TV news empires. They shouldn't be entitled to advertising dollars if they don't have a sufficiently enticing product to sell to advertisers.

Plenty of small-scale and digital independent news companies were doing fine. It's the Postmedias and the Torstars that are complaining, as they cannibalize journalism to feed their corporate acquisitions and stock buybacks.