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And, as usual for this glum moment in media, it’s a private equity firm that wants a crack at finding new places to cut.
The rapid growth of Google and Facebook continues to take its toll on digital media companies.
Are we entering a new age of digital robber barons?
“We all had a sense that something important was happening, but at the time there were actually very few users. So it was a bet on people getting online and buying more PCs.”
When their jobs at Patch ended, some journalists didn’t give hyperlocal news up.
From pipes to platforms, overseas to over-the-top, the shifts we’ll see in the remainder of 2015 will set the stage for 2016 and beyond.
The annual omnibus report from Pew outlines a story of continued trends more than radical change.