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Newsonomics: What was once unthinkable is quickly becoming reality in the destruction of local news
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June 9, 2010, 5:55 p.m.

Links on Twitter: Google launches Caffeine, CNN teams up with Foursquare, Yahoo still snapping up bloggers

Yahoo is still snapping up bloggers. This time it’s Movieline columnist and Defamer founder Mark Lisanti http://j.mp/c8yRar »

Clay Shirky: “… if you’re in a group of people who make things, you’re in a group of optimists” http://j.mp/cEK1mB »

The hype cycle comes full circle, or, the New York Review of Books reviews the iPad (via @carr2n) http://j.mp/cI5kNG »

Why The Week has grown as other mags decline: lessons worth hearing again http://j.mp/aUlFY4 »

Meet the [sweet, shy, sort of baffled] guys behind Pulse http://j.mp/aF18bL »

“We want to display links in a way that…lets you know where a link will take you” http://j.mp/cnaHa8 »

Which news orgs have begun using Spot.us to raise money? http://j.mp/9YOi3d »

Oh, YES: Instapaper for video is here http://j.mp/9DP4vX »

“Exploring the real world”…via TV: CNN teams up with Foursquare for World Cup badges http://j.mp/bTZlQB »

Google launches Caffeine, the new index providing “50% fresher results for web searches” http://j.mp/cTEo9v »

 
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Newsonomics: What was once unthinkable is quickly becoming reality in the destruction of local news
The coronavirus pandemic is proving the value of local news to millions of readers, driving up subscriptions. But the advertising collapse is knee-buckling. “If it’s a couple of months, we’ll make it through. If it’s six months, all bets are off.”
The Newsonomics of the Mnuchin money and the bailout’s impact on America’s press
The multi-trillion-dollar CARES Act should extend a lifeline to many small local publishers. But for bigger companies and chains, the help they’ll receive is still up in the air — “It’s very unformed.”
The news media sounded the alarm on coronavirus for months — but few listened. Why?
“It’s clear that the public’s lack of trust in journalism generally mirrors the public’s lack of trust in coronavirus journalism specifically.”