Newspaper Stands via Flickr By Victor Pickard / Common Dreams It’s been a particularly brutal stretch for American journalism. Even for an industry that’s become synonymous with precarity and crisis, the recent job losses have been jolting. On Wednesday, The Messenger, a digital news startup that lost $50 million in less than a year, announced suddenly that it was closing, letting go nearly 300 employees, reportedly without warning or severance pay. The Los Angeles Times announced last week that
Early last year new journalism outlet named “The Messenger” launched to great fanfare. The brainchild of former The Hill owner Jimmy Finkelstein, the outlet launched with $50 million in backing and a lot of chatter about how it was going to revolutionize U.S. journalism. Finkelstein claimed he wanted to build “an alternative to a national news media”…
Victor Pickard commondreams.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commondreams.org Daily Mail and Mail on Sunday newspapers.