The writing is, as they say, on the wall. Megan McArdle:
While outlets like my employer [Bloomberg], and [Jack Schafer’s Reuters*], and maybe ESPN, may invest in commercial news, most of the political and international journalism that we’re used to seeing is going to be ideological, if not explicitly partisan. People will come to the news assuming that the people making it have an agenda — and they will seek out outlets that match their own agenda, if they see political news at all.
This matters for Democrats because, of course, the majority of people in the news media right now are Democrats, whose sympathies naturally lie with social liberalism, government programs and so forth. A more ideological media will be hiring more conservatives, and that will change what a large portion of the country gets as news.
Continue reading The return of …ooh, scary!… YELLOW JOURNALISM.