Posts tagged Newsweek
By J. D. Heyes
The fall of the daily paper: Mainstream media loses readers, ad revenues as internet takes over
(NaturalNews) The decline and fall of traditional mainstream daily newspapers and monthly magazines is continuing unabated, as demonstrated by a spate of bad news that has recently beset some of the biggest names in the industry. The reasons for print journalism’s downfall are clear, if not easily accepted among the industry’s stalwart defenders: The mainstream media is no longer “mainstream.”
Run by editors and publishers with extreme biases, Americans in the digital age have had enough of the agendas, lies and omissions. They have tossed aside the daily print and turned instead to the internet for the lion’s share of the news they digest. This is verifiable; traditional print’s falling circulation figures and advertising dollars tell the truth very clearly.
But also, as Natural News has proven, the internet is home to niche publications, where Americans who are shopping for a particular kind of news product can find exactly what it is they are looking for.
None of this is good for the traditional press. Let’s examine a few of the most recent (bad news) developments that are shaking the traditional Fourth Estate to its core.
The Washington Post
A stalwart of the mainstream media, The Washington Post has been the District’s number one newspaper and a national icon for decades. No more.
Founded as a daily in 1877, the paper’s most storied accomplishment – the one that comes to most Americans’ minds – is its coverage of the Watergate scandal, beginning in 1971. Post reporters Bob Woodward and Carl Bernstein wrote a series of exclusive stories detailing the Nixon White House-led break-in at the Democratic Party Headquarters – stories which eventually led to Nixon’s resignation.
Through the years, the Post company would incorporate, buy Newsweek magazine (1961), go public and offer stock, win a number of Pulitzer Prizes and purchase a regional cable company.
But what was once a multi-billion dollar newspaper a decade ago sold Aug. 5 for just $250 million.
“That represents an 87 percent loss in just a decade. You figure in ten years of inflation and we are probably over 90 percent,” Breitbart News noted.
“Like most print media outlets, the Post has had to struggle with the rise of the internet and competition from New Media. That certainly hurt its value, but the Post is also guilty of a number of unforced errors that resulted in untold damage to the credibility of its once legendary brand,” Breitbart News said.
There have been a number of other factors that have led to the Post’s demise. Phony fact checks, likely coordination with Democratic presidential campaigns, smears leveled at Republicans, non-stop promotion of left-wing causes and points of view, biased polls – it all adds up and saps credibility.
The Boston Globe
The Boston Globe, which is owned by The New York Times Co., has just been put up for sale as well. Two decades ago, when the Times Co. purchased it, the paper sold for $1.1 billion; now, it is being sold to the principle owner of the Boston Red Sox for a paltry $7 million, for a 93 percent loss.
“The announcement comes more than five months after the Times said it was putting the paper up for sale for a second time. In an abortive attempt to sell it four years ago, the company billed the move as an effort to concentrate on The New York Times brand,” National Public Radio reported.
Eileen Murphy, a spokeswoman for the Times, told The Associated Press that the cash deal would close in 30 to 60 days. Included in the deal are BostonGlobe.com; Boston.com; The Worcester Telegram & Gazette; Telegram.com; the direct mail marketing company, Globe Direct; and the company’s 49 percent interest in Metro Boston, a free daily newspaper for commuters.
Many of the same reasons for the demise of the Post can be attributed to the Globe as well.
Sold by the Post for $1 in 2010, the ailing liberal magazine eventually transformed into an all-digital model and merged with the very left-wing Daily Beast but still could not find enough audience or revenue to remain viable.
So, the magazine was sold again just this week to IBT Media, publishers of International Business Times.
“Newsweek is a powerful brand, and we believe we can continue to build on that legacy,” said Jonathan Davis, co-founder and chief content officer at IBT Media. “We’re looking forward to building this into a successful enterprise.”
If the magazine’s recent performances are any indication, it shouldn’t be long before a) it is sold again; or b) goes under completely.
Why? Because the ad dollars simply aren’t there anymore – not for any of these publications.
“Total advertising revenues for U.S. newspapers have dropped 55 percent since hitting an historical peak in 2005 – a fact that has now been punctuated by the back-to-back bargain-basement sales of the Boston Globe and the Washington Post,” CNS News reports, citing data published by the Newspaper Association of America.
Pure and simple, Americans have grown weary of the mainstream media and its arrogant, incessant harping on issues that either aren’t on the radar for most people or run afoul of what most think or believe.
Crashes of Convenience: Michael Hastings
Published by corbettreport
SHOW NOTES AND MP3: http://www.corbettreport.com/?p=7636
Michael Hastings was that rarest of breeds: a mainstream reporter who wasn’t afraid to rail against the system, kick back against the establishment, and bite the hand that feeds him. On the morning of June 18, 2013, he died in a fiery car crash. But now details are emerging that he was on the verge of breaking an important new story about the CIA, and believed he was being investigated by the FBI. Now even a former counter-terrorism czar is admitting Hastings’ car may have been cyber-hijacked. Join us this week on The Corbett Report as we explore the strange details surrounding the untimely death of Michael Hastings.
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Anthony Martin, Conservative Examiner
Confidential informants who are participating in the Congressional probe of the Project Gunwalker (Operation Fast and Furious) scandal have now zeroed in on the FBI connection. Such a connection has been hinted at in the past, but information relayed today shows that FBI involvement was much deeper than anyone imagined.
The investigation into Gunwalker has revealed a scandal involving multiple departments of the Obama Administration–Justice, FBI, ATF, ICE, DEA, DHS, and State. These connections have been verified through previously hidden emails and documents, and sworn testimony of whistleblowers.
But the FBI connection is one that could be potentially the biggest one yet, indicating that the bureau not only was involved in Gunwalker but has been up to its neck in a scandal all its own–a program called ‘PATCON,’ or ‘Patriot Conspiracy.’
A paid confidential informant enlisted under PATCON indicated a long history of the covert program spanning several decades which include such debacles as the Ruby Ridge murders, the Waco murders of a religious cult, the Oklahoma City bombing, and Project Gunwalker.
Newsweek Magazine had received this information which they had planned to include in a major story today, according to citizen investigative journalist Mike Vanderboegh. But before the story went to press, the facts were gutted out of the final copy. There is no mention of PATCON or its various tyrannical operations that have resulted in countless deaths.
I also knew from sources, living and dead, that PATCON was the worst scandal that the FBI ever perpetrated. PATCON could sink the FBI, perhaps permanently, and along with the Gunwalker Scandal, totally discredit the teflon coating that the Bureau has excreted around its corrupt core and thoroughly debunk the myth that the FBI is anything but an agency of arsonists posing as firemen.
Finally, I knew that Newsweek would run the story tomorrow. I have been hinting about this story for weeks, and now it was about to happen.
But Newsweek editor Tina Brown nixed the heart of the story by removing key facts concerning the paid confidential informant, PATCON, Ruby Ridge, Waco, the OKC bombing, and the Clinton Administration.
Confidential sources who are cooperating with the Congressional probe of Gunwalker indicate that the FBI and the White House were so frightened by the prospects of this story getting out to the public that they used the authority and power of their government offices to pressure Newsweek to omit key facts. And that they did. The story, which was published today, makes no mention of the bombshell information that makes the story the story.
What we have, instead, is a non-story.
The Daily Beast, by the way, is now a part of the Washington Post-Newsweek family of ‘news’ organizations.
But what Newsweek wishes to hide is shouted from the housetops by Vanderboegh, who has a wealth of information about PATCON through his many undercover contacts in the government. That wealth of information includes the following:
There are many rumors and individual bits of fact that have drifted out about PATCON over the years — Stories of FBI informants and undercover assets giving taxpayer-funded operational assistance — including weapons, explosives and money — to neoNazi and racist terrorists to cement their relationships with the criminals; Reports that an operation that began with real concerns about racist terrorist groups like The Order was expanded to include mere political opponents of the Clinton administration and the defensive-oriented constitutional militias; Reports of a similar operation called VAAPCON, “Violence Against Abortion Providers,” using the same tactics; Reports that the Southern Poverty Law Center was hip-deep as a partner to the FBI in PATCON; Reports of FBI penetration of the news media, religious institutions and the ranks of politicians of both parties, who very usefully expanded the FBI’s power and reach and who provided political cover when the curtain slipped. Oklahoma lawyer and journalist J.D. Cash once told me that “there isn’t a neoNazi or racist group in the country that isn’t operationally controlled by the FBI.” Did that include the Aryan Republican Army and the Oklahoma City bombing? I asked. “Certainly,” he replied. So, the prospect of a story in a major news magazine about PATCON must have given the FBI a severe case of the old rectal looseness.
This information has broad repercussions for the continuing investigation into the OKC bombing being conducted by Salt Lake City attorney Jesse Trentadue, whose brother was killed after the attack. There is evidence that the Clinton Administration used the FBI to squelch any talk of broader connections in the bombing in order to propagate the ‘lone bomber’ theory.
For more information into PATCON, consult this document, which was posted today by National Gun Rights Examiner David Codrea.
This is a continually-developing story. More information will be provided as it becomes available.
Be sure to catch my blog at The Liberty Sphere.