Guardian :: The existence of all newspapers, including the New York Times and Washington Post, is in serious doubt. Television news has become more stage-set than information-gathering business. Even digital news, which has wreaked havoc on all other news, finds the advertising revenues that support it dwindling (or failing to grow).
[Michael Wolff:] How is it that people who make the media know so little about the media business?
True, Aaron Sorkin, the creator of HBO's new series The Newsroom, is in the entertainment business and not the news business. But still, it doesn't seem that far afield for him to have gotten the memo about how the crisis in news is no longer moral (what a luxury!), but existential.
A fundamental "misunderstanding" - Continue to read Michael Wolff, www.guardian.co.uk