Guest
Yet another wave of media layoffs is putting hundreds of journalists out of work across some of the largest major news outlets in the US, including CNN, the LA Times, Vox, Business Insider, CNBC, Garnett, and others. In an already-grim media landscape that's been decimated by decades of tanking revenues, this latest round of cuts raises serious questions about how the loss of so much journalism will impact our society. Newspapers closed at a rate of 2.5 per week in 2023, up from 2 per week in 2022. 3,000 of the US's 9,000 newspapers have permanently closed, and since 2005, two thirds of all journalists have lost their jobs. Pulitzer-winning reporter Gretchen Morgenson joins The Chris Hedges Report to discuss the crisis in media. Gretchen Morgenson is the senior financial reporter for the NBC News Investigative Unit, and author of 'These Are the Plunderers: How Private Equity Runs—and Wrecks—America' Studio Production: Adam Coley, Cameron Granadino Post-Production: Adam Coley, Kayla Rivara Watch The Chris Hedges Report live YouTube premiere on The Real News Network every Friday at 12PM ET: Listen to episode podcasts and find bonus content at The Chris Hedges Report Substack: The Real News is an independent, viewer-supported, radical media network. Help us continue producing The Chris Hedges Report by following us and making a small donation: Donate to TRNN: Sign up for our newsletter: Like us on Facebook: Follow us on Twitter: #chrishedges #therealnewsnetwork
