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cover of episode Trouble at The Baltimore Sun, and the End of an Era for Pitchfork

Trouble at The Baltimore Sun, and the End of an Era for Pitchfork

2024/1/19
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On the Media

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A
Ann Powers
L
Liz Bowie
M
Margot Suska
M
Milton Kent
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Margot Suska认为私募股权公司和对冲基金为了追求利润最大化,通过兼并收购、过度负债等方式重塑了地方新闻业,导致新闻质量下降、裁员严重,最终损害了民主。她特别点名批评了Alden Global Capital、Chatham Asset Management和Fortress Investment Group三家公司,认为它们对地方新闻业造成了极大的破坏。她认为,目前的法律法规对媒体所有权的监管不足,导致这些公司能够轻易地收购和控制地方新闻媒体,从而操纵舆论。她建议,为了拯救地方新闻业,需要探索非营利模式,增加政府资金投入,并建立一个支持客观公民新闻报道的数字新闻生态系统。

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Margot Suska discusses the impact of private equity firms and hedge funds on local news, highlighting their aggressive approach to buying news outlets and selling them off for parts, leading to significant job cuts and reduced local coverage.

Shownotes Transcript

This year has had a rocky start for journalism. The Baltimore Sun changed hands again, and layoffs loom at the LA Times. On this week’s On the Media, hear how private investment firms broke local news. Meanwhile, nonprofit publications try to repair the damage. Plus, a music critic reflects on the job cuts at Pitchfork and the power of the album review.

  1. Margot Susca [@MargotSusca)], assistant professor of journalism, accountability, and democracy at American University and author of "Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy," on the tactics used by private equity firms and hedge funds to reshape local news. Listen).

  2. Milton Kent [@SportsAtLarge)], professor of practice in the School of Global Journalism and Communication at Morgan State University, and Liz Bowie [@lizbowie)], education reporter for The Baltimore Banner and former reporter for The Baltimore Sun, on the purchase of The Baltimore Sun by David Smith, the executive chairman of Sinclair Broadcast Group, and what it means for Baltimore's local news landscape. Listen).

  3. Ann Powers [@annkpowers)], critic and correspondent for NPR Music, on Condé Nast's gutting of the influential music publication Pitchfork, and what this means for the future of music journalism. Listen).

 

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