The most serious problem our republic, and for that matter the world, faces today is the abysmal state of our news media.
Journalists, especially DC journalists, act more like stenographers. Television news readers make millions of dollars and are completely out of touch with the real world. False equivalence reigns supreme, and investigative journalism has gone out of fashion.
The cable news channels are far more interested in ratings and the attendant ad revenue that higher ratings bring than in accurately reporting the news. CNN is probably the worst and most unreliable channel.
I could go on.
Anyway, I'm heartened that someone might finally be doing something to improve the situation:
At the core of Newco will be a different plan for how to build a large news organization. It resembles what I called in an earlier post “the personal franchise model” in news. You start with individual journalists who have their own reputations, deep subject matter expertise, clear points of view, an independent and outsider spirit, a dedicated online following, and their own way of working. The idea is to attract these people to NewCo, or find young journalists capable of working in this way, and then support them well.
His “rising concern about press freedoms in the United States and around the world.” The U.S. has the First Amendment. When the freedom to practice hard-hitting investigative journalism comes under threat here, he said, that’s not only a problem for our democracy but for the chances that democracy can work anywhere. NewCo will designed to withstand that threat.
I truly hope something worthwhile comes from this.