Earlier quoted context omitted.
I bet there are some good opportunties for some concentrated journalism that people will find interesting enough to build a "proper business" untainted by as much advertising. The success of patreon has me believe that you could probably get enough rich people to pay (say) $50/month for a news source that feels less of a need to pander. I don't want to be too dismissive, but even though I like the coverage I get from…
> pay (say) $50/month for a news source that feels less of a need to pander That's about the price of a print subscription to the Financial Times, who are dry but reliable with good worldwide business-focused coverage. > I'm still financing a bunch of think pieces on the fashion industry, their cooking apps, "78 hours in X" articles, movie reviews, Bret Stephens op-eds That kind of stuff unfortunately pays for the se…
The FT panders just as hard, it has its own severe biases that result in deeply unreliable reporting.
My go-to example of how unreliable the FT can be is an article they published before the Brexit referendum. It said the FT had polled a panel of over 100 "experts" and "leading thinkers". Every single one thought a vote to leave would damage economic growth. In fact economic growth accelerated. The FT, by the way, literally flies the EU flag above its offices in London.
https://www.ft.com/content/1a86ab36-afbe-11e5-b955-1a1d298b6...
In the FT’s annual poll of more than 100 leading thinkers, not one thought a vote for Brexit would enhance UK growth in 2016.
Where is the line between spectacularly bad reporting and propaganda? If the FT really couldn't find a single "leading thinker" who could actually get it right in a pool of 100, and they didn't even realise that was a problem, how reliable can their coverage on other topics be? Like all newspapers the FT employs generalists who rely heavily on FT-identified 'leading thinkers' for analysis and facts. If they aren't able to spot self-created bias and groupthink on the topic of Europe then they surely cannot in other areas.
I agree with rtpg - journalism seems to have a serious sickness and I'd pay for news sources that seemed to have real commitments and processes in place to ensure wide-angle reporting.