Via Variety, Scripps-Howard is laying off a large part of its “journalists”, along with everyone else in the deservedly dying “news” biz.
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“Amidst an already difficult linear television advertising marketplace, many brands and agencies have decided that advertising around national news is just too risky for them given the polarized nature of this country, no matter the accolades and credentials a news organization like Scripps receives for its objectivity,” he told staffers Friday. “I vehemently disagree, but it is hurting Scripps News, along with every other national linear and digital news outlet.”
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No need for new FCC laws. The Fairness Doctrine is getting imposed by plain old business reality! The panic merchants are losing customers because real people no longer feel like playing the partisan team game.
Now that Powell has shut off the free money, the venture capitalists are no longer pouring cash into stupid projects for a tax dodge.
THANKS, POWELL!
Faster, faster, faster!
Polistra's Mill 