Digital Media: What Went Wrong
Edmund Lee,
New York Times, Medium,
Feb 19, 2019
The big news in digital media recently has been the waves of layoffs at such stalwarts as BuzzFeed, HuffPost, and Vice. These were companies people thought had figured out the news business. It prompted MSNBC anchor Chris Hayes to ask "What if there is literally no profitable model for digital news?" We see the same story in education, but moving at a slower pace. It's described as a "nightmarish vision" in today's Inside Higher Ed. In today's edition of the Chronicle's The Edge, Scott Carlson outlines the same case with respect to higher education. "We have legacy institutions (Harvard, The New York Times) and upstarts (Coursera, Vice Media). Smart, intractable, and often underpaid people — professors and reporters — form the foundation of our industries."
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