Requiescat In Pace Old Media
...Finally!
I once presented a research paper that discussed how news consumption patterns were rapidly changing due to several factors, none more than the profit-driven focus of traditional news media, fueled by extensive budget cuts to newsroom staff, primarily reducing the number of reporters who practiced real journalism.
The explosion of independent news publishers online was beginning.
The paper was titled: “New News Systems.”
I covered a wide range of what was then considered to be the traditional media types like newspapers, television, and radio and how changes at that time were about to drastically change those business models and ultimately lead to their demise as trusted sources of news.
Here we are in December of 2024, and the fastest-growing news source in the world, the Meidas Touch Network, was granted an interview in the White House with President Joe Biden. On YouTube alone, Meidas Touch currently has 3.36 million subscribers, and the contributors to their network publish videos and podcasts on many other online platforms, including Meidas+ here on Substack.
Prior to the interview being posted, the Biden White House held a roundtable discussion with nine other new news outlets where they talked about future of media. You will probably see interviews from some of the other attendees posted online over the next few weeks.
As we search for the truth over the next four years, don’t be surprised if you find it on one of these new news systems I wrote about over 14 years ago.