Friday, August 30, 2019

This is why journalism is necessary, vital and completely doomed as a business model

This is familiar:
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Journalism is the only business in the world that makes its product free just as demand goes through the roof.

There's a reason for that: The public service aspect of journalism outweighs the moneymaking aspect in times of crisis. But it's a reason why purely market-based approaches to saving newspapers probably won't work. 

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