Interesting post on the evolution of news creation. I had thought the future was well written press releases from the actors themselves. But it appears something much less transparent is emerging:
The news media is dead broke. Print advertising is washed up and all the digital advertising that was supposed to replace lost revenue from print ads and subscribers has been swallowed up by Facebook and Google. But the good news is that people will still pay for stories, and it’s an awful lot easier to bill one customer than invoicing the 1,500 readers of your blog. The top customers for these stories are political operations.
There is no accurate accounting of how many of the stories you read in the news are the fruit of opposition research, because no journalist wants to admit how many of their top “sources” are just information packagers—which is why the blinding success of Fusion GPS is the least-covered media story in America right now.
Includes interesting history of Fusion GPS. It’s getting harder to know where the story is really coming from.RTWT