alt Hacker NewsA lot of journalism has moved to twitter, substack, youtube etc. If you already have a big brand, the economics of writing for a publication are worse than starting your own blog or channel. You have unlimited income potential and have total creative freedom.
The major publications, e.g. AP, NYTs, WaPo, Economist, FT, Bloomberg all have reporting and seem to be doing well. It's not like beat reporting is going to die. The death of journalism is way premature.
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"The amount of newsroom jobs fell 60% between 2008 and 2020" - those jobs were the pipeline for the jobs at the publications you mention. Journalist is hardly the same career path it was prior to the Internet, which pretty much destroyed the business model of newspapers. Lets concede for discussion that it's going awesome for the New York Times of the world - they don't cover local stories, which, will not being relevant to the whole world, are quite relevant to people living where they are occurring. We have also lost a professional class of people who's job it was to find out what's going on. It's definitely a huge loss in my book.
> A lot of journalism has moved to twitter, substack, youtube etc.
A lot of punditry has moved to those platforms, but roughly nobody on those platforms is actually doing investigative journalism.
>> A lot of journalism has moved to twitter, substack, youtube etc.
You forgot podcasts which are available on numerous platforms. One of which is YT for video podcasts.
Most of the sports news now are breaking on podcasts. Same with pop culture. News sites now mostly refer to some podcast and the person on the podcast whatever bit of news they have come from there.
As of September: Roughly 478,000 podcasts have released at least one new episode in the last 90 days
Podcasts have become the way a majority of people I know are now getting their news, which is pretty crazy.
It's a bloodbath for local journalism, and by extension democracy. No viable business model for local independent journalism is known to exist.
> A lot of journalism has moved to twitter, substack, youtube etc
And the world suffers as a result, IMO. It’s all very thinly veiled opinion rather than original reporting. How many YouTubers are reporting out in the field rather than just reacting to stories other people reported?
More than anything else Substack shows to me how valuable editors are in the journalistic world. So, so many people are in desperate need of an editor to challenge them before they hit publish.