NYU's Jay Rosen on why news needs subsidies
The Rebooting Show
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The Rise and Fall of BuzzFeed News
I think the entire industry sort of had BuzzFeed envy at the time. The Innovation Report was in 2014 I believe. And it really reflected a feeling across a lot of quarters of the industry that these upstarts were stealing a march on them. So now BuzzFeed News was never a real business. It's basically being subsidized by the stereotypical cat gifts and whatnot. In fact, we need more discoveries of subsidy systems that can work.
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