Tim Windsor, online
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You know the old saying:
When you owe the bank $1,000 – and can’t pay – you have a problem.
When you owe the bank $486 million – and can’t pay – the bank has a problem.
This week, The Star Tribune told its lenders that they have a problem.
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Two clear thinkers about journalism reach a similar conclusion: at best, the mainstream media contributed little to the understanding of the current economic situation. At worst, they repeated the uncritical reporting of the so-called “March to War” in 2002-2003 and added to the panic state.
Here’s Howard Owens:
What you rarely found or heard was any serious [...]
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A very wan “Yay”
I just collected thirty-four fake dollars by correctly forecasting that this would be the year that a daily paper would shut down.
Jeff Jarvis posted the question a while back on Hubdub. It’s just been settled with the shuttering of the New York Sun.
This is not a contest I’d hoped to win.
Added for [...]
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