| ▲ | thomasingalls 6 days ago | |
Wasn't it online ads, ie Google, that decimated newspapers? | ||
| ▲ | graeme 6 days ago | parent | next [-] | |
Google's ads are the outcome of google's success at capturing attention. They aren't the cause of google capturing attention. Newspaper's had everyone's attention and then they lost it to a million and one alternatives on the internet. The phone was a major driver but newspapers had been in structural decline for decades as non internet alternatives for attention grew too. Warren Buffet called it in 1991. | ||
| ▲ | ghaff 6 days ago | parent | prev [-] | |
I'm not sure so much online ads per se as the destruction on local buying monopolies on goods to a large degree, general unwillingness to pay for news (more or less related), and, also related, desire to (not) buy content online also related. There was essentially a bundle that supported things like foreign bureaus that largely was dismantled. | ||