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The Wall Street Publication > Blog > Politics > How the company media has failed us all
Politics

How the company media has failed us all

Editorial Board Published February 2, 2025
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How the company media has failed us all
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Writing in 1799, Vice President Thomas Jefferson defended his nation’s robust press freedoms with evangelical fervor. “To preserve the freedom of the human mind and freedom of the press, every spirit should be ready to devote itself to martyrdom,” Jefferson wrote. “For as long as we may think as we will and speak as we think, the condition of man will proceed in improvement.”


Patrick Quickly-Shiong, proprietor of the Los Angeles Instances

Final yr Quickly-Shiong sparked controversy after gutting his paper’s editorial crew and changing key voices with polarizing, Trump-aligned pundits like Scott Jennings. He additionally publicly spiked the paper’s deliberate presidential endorsement of Kamala Harris, driving a spherical of senior workers resignations. The choices had been meant to ship a transparent message to Mar-a-Lago: Go straightforward on us, you’ve associates right here. 

Enterprise capital companies like Alden World Capital have been hollowing out the media business for many years by shopping for unbiased retailers and stripping their property. Veteran journalists face unceremonious layoffs, changed by both inexperienced younger journalists, synthetic intelligence or, for greater than half of the nation, by nothing in any respect. 

The result’s a media business so hole and starved of institutional information that it could not perform its elementary accountability position. Trump merely got here alongside and delivered the killing blow.

FILE - CNN's Jim Acosta speaks to journalists on the North Lawn upon returning back to the White House in Washington, Friday, Nov. 16, 2018.  (AP Photo/Manuel Balce Ceneta, File)
Jim Acosta

“Jim is a major loser,” the president posted on Reality Social. “[He] will fail no matter where he ends up.” That will sound like bravado, however it’s really Trump respiratory a sigh of aid over CNN’s resolution to censor itself.

Like the handfuls of veteran reporters who’ve resigned from the Washington Submit after Bezos’ MAGA pivot, Acosta understands that actual journalism is unattainable in case your bosses have extra in widespread with Trump than they do with their very own reporters. Acosta and the journalists who’ve fought their very own company buildings to carry Trump accountable acknowledge when the deck has been impossibly stacked in opposition to them. In spite of everything, investigating corruption is their job. 

Is there a manner ahead for the media’s position because the watchdog of energy? It’s robust to say. That return to legitimacy gained’t come within the consolidated and Trump-loyalist company media panorama now we have now. 

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