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Newsonomics: What was once unthinkable is quickly becoming reality in the destruction of local news
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With revenues crashing, alt-weeklies and other outlets have been forced to get creative.
“It’s clear that the public’s lack of trust in journalism generally mirrors the public’s lack of trust in coronavirus journalism specifically.”
“We’re calling it the Splice Low-Res Festival, because it’s a quick and dirty idea and we all know video conferences can be pretty fuzzy…We’re doing this because it’s cheaper than therapy.”
O’Reilly Media, long known for its successful conferences, has decided that it’s getting out of the business — no matter how quickly civilization gets past COVID-19. Will events revenue bounce back quickly in a few months or be lost under a mountain of Zoom calls?
“We are accustomed to seeing images of crisis represented by fires, floods, bombs, warfare. The photographs we see as a result of COVID-19 are an emptying out and a slowing down.”
COVID-19 is “a nearly perfect weapon against alternative weeklies.” In dozens of cities, papers are asking for donations, laying off staff, or abandoning print as social distancing dries up their revenue streams.