Will Newspapers Survive On Their Own?
Friday, August 15, 2014
There's been a lot of upheaval in the media world in the last few weeks. Gannett announced it will spin off its newspapers into a stand alone company. This follows Tribune which just sold off its publications, including the Chicago Tribune and Los Angeles Times. This follows the earlier, high-profile spin-off at Time Warner, which sent print publications like Time and Fortune off on their own. And, of course, we can't forget the grandaddy of these splits led by Rupert Murdoch, owner of the Wall Street Journal. This week on Money Talking, guest contributors Heidi Moore with the Guardian and Derek Thompson with the Atlantic discuss what these media moves mean, why they're happening now and what they say about the future of journalism.