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Bezos makes it clear he is on board for the New Gilded Age

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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Nothing surprising.
The election itself was a coup by America's Oligarchy.
They saw a weak man in Trump, paid him off, used him as a blunt instrument and took over the government and appointed their henchman Musk.
Now Bezos is just trying to take care of the propaganda bit and do his part.
I'm not sure it is as simple as all that.
Trump does have his own power and I don't think Musk and the other Techbro oligarchs can assume they have complete control of all the factions involved right now.
 

richaceg

Well-known member
Feb 11, 2009
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Are you all that whiny and delusional? Newspapers are dying. The Washington Post had been dying long before Bezos came along. This ain't 1973.

Maybe the change in direction is a last ditch attempt to stop the hemorrhaging.
You forgot one thing about the liberals...when the wind doesn't blow their way... they act like children and throw fits...common sense go out the window and they keep making threads just to honey dick each other until they eventually calm down and cope...watch them make another thread after this...
 

Butler1000

Well-known member
Oct 31, 2011
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Bezos spent $250 million to buy the paper and conservatively has lost $500 million plus over the last twelve years. He pretty much left the editorial pages alone.

How much does a guy like Bezos have to lose before he can change the newspaper's direction?
In some ways this is the major problem. Most news media outlets ran at a loss and were considered a public service to be subsidized. Although in war they were happy to become propaganda outlets. TV and radio made up for it with revenue from entertainment sources and divisions.

Newspapers would sell craploads of advertising, add tons of flyers etc as well. But the investigative arms and editorial arms were seperate entities.

Now however advertisers started to purposefully advertise on news casts to control content. A big example is big pharma after the Tylenol scare and several lawsuits they started to heavily advertise there to get them to direct their resources elsewhere. Add in the concentration of media ownership and suddenly you have censorship in favor of corporations.

In this case it's about influence on Washington, propaganda in favor of his interests. And losses are relative. It's a write off for him.
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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Big American cities generally had a liberal newspaper and a conservative newspaper. People typically selected newspapers based on their politics. Over time, I think the liberal newspapers had a higher survival rate. That doesn't mean that the attrition has stopped.
And there was also the idea of a neutral newswire and so on.
Notice I said "brought it back".. the conscious choice to move away from biased news reporting and project a myth of "objective news" was largely a business decision.

Cable news in order to hold an audience for more than 30 or 60 minutes began amplifying partisan messages. If you watch ABC, NBC or CBS News, you will get a less partisan message.
Yes, we agree.
And it was Fox news that showed the way with this, taking an explicitly partisan stance rather than just the generic "we have 24 hours to fill" vapidity that had already been creeping in.

And yes, social media has turbocharged it. We all have friends who incessantly post political media on Facebook.
But more importantly, it allows the echo chamber effect to be much more pronounced.
It also has no pretense of being about journalism.
There isn't even the tribute vice pays to virtue going on for much of it.
Since these aren't news programs, they don't even have to pretend to be about reporting anything honestly.

What's never going to change is people rejecting media sources and social media messengers they disagree with and accepting those in which they share agreement.
Yes.
This is confirmation bias and is WHY that business model is so successful.
Newspapers and TV news only ever abandoned it under narrow circumstances.
 

mellowjello

Well-known member
Jan 11, 2017
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In some ways this is the major problem. Most news media outlets ran at a loss and were considered a public service to be subsidized. Although in war they were happy to become propaganda outlets. TV and radio made up for it with revenue from entertainment sources and divisions.

Newspapers would sell craploads of advertising, add tons of flyers etc as well. But the investigative arms and editorial arms were seperate entities.

Now however advertisers started to purposefully advertise on news casts to control content. A big example is big pharma after the Tylenol scare and several lawsuits they started to heavily advertise there to get them to direct their resources elsewhere. Add in the concentration of media ownership and suddenly you have censorship in favor of corporations.

In this case it's about influence on Washington, propaganda in favor of his interests. And losses are relative. It's a write off for him.
Spot on.
 

WyattEarp

Well-known member
May 17, 2017
8,149
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In some ways this is the major problem. Most news media outlets ran at a loss and were considered a public service to be subsidized. Although in war they were happy to become propaganda outlets. TV and radio made up for it with revenue from entertainment sources and divisions.

Newspapers would sell craploads of advertising, add tons of flyers etc as well. But the investigative arms and editorial arms were seperate entities.
Perhaps you are saying this, but newspapers were relatively self-sufficient. Again, the Washington Post's print days are numbered. Nobody is killing the WaPo's voice. It's dying a natural death.

TV and radio news was subsidized by the entertainment division. In recent decades, legacy network's news magazines inspired by the success of 60 minutes have done well.
 
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Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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I seem to remember Forbes and other outlets reporting many more billionaires financially supported Harris.

Perhaps you can wear a t-shirt "These Are Not My Oligarchs". ;)
You are misremembering.
At a certain point, more billionaires had publicly endorsed Harris.

Even Forbes admitted it had no idea whether more supported her financially, since many kept silent.

Since then we have some reporting (obviously dark money makes it more complicated).

Slightly more people who gave over 100,000 gave to Democrats.

The actual money totals for the two sides comes out pretty even.
Note, btw, that this is to the parties across all the elections, not just for President.

If you just go to "people who gave the most money, who did they give it to", then it becomes pretty solidly Republicans who got the money from the whales.

Again, that's by party, not just to Presidential campaign.

SuperPACs complicate the matter, because we don't get to know who contributes to them.
 
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Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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Of course, that's a matter of opinion. Perhaps not progressive commentary but a supporter of the Democrats and their political philosophy.
The WaPo has endorsed Democratic Presidential candidates for decades.
The WaPo is a centrist paper and one tied very much to Washington politics.
It supports a quite specific section of the Democratic coalition.

The WaPo is also deemed to skewed left on the political spectrum. Are they liberal enough for you? Maybe not.

Yes, even in that infamous chart, it basically shows up as centrist.
 

WyattEarp

Well-known member
May 17, 2017
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You are misremembering.
At a certain point, more billionaires had publicly endorsed Harris.

Even Forbes admitted it had no idea whether more supported her financially, since many kept silent.

Since then we have some reporting (obviously dark money makes it more complicated).

Slightly more people who gave over 100,000 gave to Democrats.

The actual money totals for the two sides comes out pretty even.
Note, btw, that this is to the parties across all the elections, not just for President.

If you just go to "people who gave the most money, who did they give it to", then it becomes pretty solidly Republicans who got the money from the whales.

Again, that's by party, not just to Presidential campaign.

SuperPACs complicate the matter, because we don't get to know who contributes to them.
At the end of October, Forbes found more billionaires financially supported Harris.


All other things you said are basically true. There is too much money in politics. However, both Harris and Trump has plenty of money and I don't think it changed the outcome.
 

WyattEarp

Well-known member
May 17, 2017
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The WaPo is a centrist paper and one tied very much to Washington politics.
It supports a quite specific section of the Democratic coalition.



Yes, even in that infamous chart, it basically shows up as centrist.
I think that's your progressive bias. I'm not sure any widespread media outlet could survive on appealing to progressives alone.
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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I thought it was interesting question. Is anyone here directly vested in the Washington Post?

This was more along the lines of "you have a big beef if you are a subscriber."
No longer a subscriber.
No idea about anyone else.
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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Bezos spent $250 million to buy the paper and conservatively has lost $500 million plus over the last twelve years. He pretty much left the editorial pages alone.

How much does a guy like Bezos have to lose before he can change the newspaper's direction?
Bezos can do whatever he wants with his paper.
That's the point of buying one.

He clearly thinks making this move now is to his benefit.

It's not like he is a journalist or believes in journalism or objective news or anything.
He bought the paper for his own reasons and it was never his primary concern.
It was just a perk of being rich.
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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In some ways this is the major problem. Most news media outlets ran at a loss and were considered a public service to be subsidized. Although in war they were happy to become propaganda outlets. TV and radio made up for it with revenue from entertainment sources and divisions.
I don't think most newspapers were run at a loss until maybe recently.
At some point that probably became true, especially as they became parts of media groups of some kind.

Television and Radio news absolutely were run at a loss, though. That's very true.

Newspapers would sell craploads of advertising, add tons of flyers etc as well. But the investigative arms and editorial arms were seperate entities.
This is what I mean about they weren't run at a loss. They had circulation money and ad money and that worked for them until the ad money massively dried up.
 

Butler1000

Well-known member
Oct 31, 2011
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I don't think most newspapers were run at a loss until maybe recently.
At some point that probably became true, especially as they became parts of media groups of some kind.

Television and Radio news absolutely were run at a loss, though. That's very true.



This is what I mean about they weren't run at a loss. They had circulation money and ad money and that worked for them until the ad money massively dried up.
Sorry I will clarify. Newspapers did make money, even small town ones, due to flyers, Wednesday and Weekend inserts, cash boxes/retail sales and home delivery. Obviously internet killed them. Banner ads just couldn't make up the physical sales loses.

The subsidized media was TV mainly. Networks took a loss as a public service(and on corporate ledgers that wasn't a bad thing).
 
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Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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At the end of October, Forbes found more billionaires financially supported Harris.

I either misremembered or they added in money later. (Since they were updating continuously.)
Fair enough.

Weird they never did the obvious follow-up piece though, since they even comment they won't know the real numbers until the FEC filings in December.
You would think they would have done an update about how it played out in the end.

(I suppose if one had the list of all 700 or so billionaires and proper time on open secrets, you could figure it out.)

All other things you said are basically true. There is too much money in politics. However, both Harris and Trump has plenty of money and I don't think it changed the outcome.
There is a limit on how much money can shift things, absolutely.
There is clearly a law of diminishing returns there.
Also, lots of help is less quantifiable. (Musk's control of X and so on.)
 

Valcazar

Just a bundle of fucking sunshine
Mar 27, 2014
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I think that's your progressive bias. I'm not sure any widespread media outlet could survive on appealing to progressives alone.
No.
I wouldn't expect something like the Washington Post or the New York Times to be anything other than vaguely centrist.
 

Frankfooter

dangling member
Apr 10, 2015
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I'm not arguing that WaPo has to change it's editorial outlook to get more in line with Trump and his supporters.
Liberal support is strong. There is an appetite for liberal commentary, but it's no longer being satisfied by newspapers.

What I am saying is that people are romanticizing newspapers and their influence in today's world. The Washington Post was an important news outlet. Emphasis on was.
But it sounds like you are romanticizing places like Vietnam, where a journalist was just sentenced 6 months for an article critical of the government.
Also like Russia.

Why would you want that?
 

Frankfooter

dangling member
Apr 10, 2015
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You are misremembering.
At a certain point, more billionaires had publicly endorsed Harris.

Even Forbes admitted it had no idea whether more supported her financially, since many kept silent.

Since then we have some reporting (obviously dark money makes it more complicated).

Slightly more people who gave over 100,000 gave to Democrats.

The actual money totals for the two sides comes out pretty even.
Note, btw, that this is to the parties across all the elections, not just for President.

If you just go to "people who gave the most money, who did they give it to", then it becomes pretty solidly Republicans who got the money from the whales.

Again, that's by party, not just to Presidential campaign.

SuperPACs complicate the matter, because we don't get to know who contributes to them.
Which is what we see more of here, DoFo is killing the per vote subsidy, or lowering it massively. That means parties have to rely on donors, not voters.
It used to be that the difference in funding for campaigns wasn't as massively different.

We really should return to that.
 

wigglee

Well-known member
Oct 13, 2010
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This is the only smart comment I saw in this thread. Legacy media is hemorrhaging cash. The LA times owner has spent almost $1B to keep that paper afloat. It makes no sense why Bezos wants to just throw away money. The guy is clearly smart enough and he is adapting.

It may seem like leftist thought and opinion is popular but it’s not. The media and the western governments just made it seem that way.
So the answer to losing money is to stop reporting on politics? That's just what the fascist Trump wants. If we all get our info from internet liars connected to Trump, it would make the killing of democracy much easier. I guess you want that too?
 
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