Recently the Washington Post announced that they were putting their weekly liberal opinion magazine Newsweek up for sale after recording horrific financial and readership losses. And about the same time, CNN and CBS announced that they were in talks to consolidate their news operations.
What ties these two stories together? Well, to paraphrase Eason Jordan, CNN’s former chief news executive, all three outfits fell victim to The News They Kept To Themselves:
The story that created the legacy media.
Newsweek’s Koran-in-the-can moment and its retraction.
Hey, let’s run the same cover story every week!
America is a land of diverse political views...except when it isn’t.
Some industries deserve bankruptcy.
Is Newsweek the canary in the MSM’s coalmine?
Is there a dictator CNN hasn’t propped up?
‘Twas the Night Before ObamaCare at CBS…
Document Dan cooks the books.
Eason Jordan comes clean.
Ad lib a tease!
So what does it all mean? Tune in here to see!
(Originally posted at Ed Driscoll.com)
Newsweek up for sale: http://ace.mu.nu/archives/301345.php
financial and readership: http://pajamasmedia.com/eddriscoll/2009/12/09/is-newsweek-a-brand-that-will-disappear-in-2010/
CNN and CBS announced that they were in talks: http://www.nytimes.com/2010/05/05/business/media/05network.html
that created the legacy media: http://www.drudgereportarchives.com/data/2002/01/17/20020117_175502_ml.htm