Gannett (owners of the USA Today Network) and Reuters have announced a new partnership where regional and local publishers and broadcasters will be able to access feeds of their stories, photos, graphics and video, all ready to publish, in a similar way to what the Associated Press does. Journalist Matt Pearce writes for his Substack about why that's a bad thing. "The logical outcome here isn’t the net creation of more local journalism jobs, but to undercut AP’s prices and make AP’s own journalists redundant," he writes. "The endgame is to eventually diminish consumers’ options and put fewer people in charge of America’s journalists and the news Americans see."
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#Media #Journalism #Newspapers #AssociatedPress #Gannett #Reuters #MediaIndustry
https://flip.it/wJvGXy
#Media #Journalism #Newspapers #AssociatedPress #Gannett #Reuters #MediaIndustry
Wall Street declares war on the Associated Press
Gannett and Reuters come for one of the final corners for legacy media that had resisted the financialization of journalism.Matt Pearce