The state of mainstream media, desperate for a few advertising dollars and selling their credibility and principles in return.
Of course, you’ve seen this movie before, in your spam-mail folder. And yet this isn’t some obscure publication written mostly by keyboard slaves over there in some remote country or a ‘news-blog’ sweatshop gearing up to sell itself to a bigger one.
No, this is nothing but household brands: CNN (the once-daring company that changed cable forever) and Fortune (founded by Henry Luce in 1930, four months after the Wall Street Crash of 1929). This is the establishment. The “mainstream” media that is constantly fretting about its loss of stature, impact and financial viability.