2/27/2022: The Grid, Wrongful Detainees, Headlines, Deadlines & Bottom Lines
60 Minutes
00:00
Newspaper Industry in State of Decline
Hedge funds and other financial firms that now own nearly a third of the daily papers in america. These new owners are often committed not to headlines and dead lines, but to bottom lines. One fund has been called by some in the industry a vulture, bleeding newspapers dry. It all prompts the question, as local newsrooms and local news coverage shrivel up, to what extent does democracy shrink with it?
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