Why Is This Happening? The Chris Hayes Podcast

A Mediapocalypse? with Ben Smith

Mar 5, 2024

Discusses the crisis in the news industry with layoffs, changes in media consumption habits, and revenue models. Talks about the impact of evolving news technology, the importance of local news, and shifts in business models. Explores the shift from open to closed protocols on the internet, challenges in journalism, and the influence of social media on information consumption.

49:27

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Episode guests

Ben Smith

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

The decline of print journalism is causing financial pressures and layoffs in the media industry.

Journalism is adapting to technological shifts by leveraging AI tools and diversifying content formats.

News consumption habits are evolving due to social media and algorithm-driven content on digital platforms.

Deep dives

McAfee Plus: Private Detective for Data Privacy

McAfee Plus is likened to a private detective safeguarding personal information sold online. It helps users reclaim data from unauthorized sources, promoting data control and privacy protection, offering all-in-one protection that empowers individuals to safeguard their personal information.

Introduction

5min

The Changing Landscape of the Media Industry

19min

Exploring the Shift from Open to Closed Protocols on the Internet

3min

Shifting Business Models in Media

9min

Implications of Information Control and Power Dynamics in China, Online Security, and B2B Marketing Strategies

2min

The Evolution of Journalism in the Digital Age

13min

Navigating Social Media's Influence on Information Consumption and Alienation

3min

It can feel like the news industry is in a moment of crisis. Over 500 journalists were laid off from news outlets in January 2024 alone, according to a report from outplacement firm Challenger, Gray & Christmas. These layoffs are part of a broader trend of seismic changes within the media industry over the past few decades. As disinformation concerns continue to rise and we prepare for another consequential election, why are newsrooms drastically reducing headcount? Ben Smith is editor in chief and cofounder at Semafor, a recently launched digital news platform. He is author of “Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral,” which unpacks the ups and downs of the digital media business. Smith is also a former New York Times media columnist and the former editor-in-chief of Buzzfeed News. He joins WITHpod to discuss how we got to this moment, the impact of evolving news consumption habits, changing revenue models and more.

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Why Is This Happening? The Chris Hayes Podcast

A Mediapocalypse? with Ben Smith

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

McAfee Plus: Private Detective for Data Privacy

Impact of Decline in Print Journalism on Media Business

Journalism in an Evolving Technological Landscape

Media Industry's Transformation and News Consumption Trends

Challenges and Innovations in Modern Journalism

Remember Everything You Learn from Podcasts