This urgent alert highlights the financial crisis facing media outlets and its implications for democracy. Find out why supporting independent journalism is crucial for a healthy democracy.
Media financial woes are a danger to democracy.
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- Biden Urged to ‘Hold the Line’ Against For-Profit Medicare Advantage Industry: “Do not let them bully you,” said Alex Lawson of Social Security Works. “Corporate insurers are holding the country’s health hostage and demanding bags of cash.” [More]
- ‘Out-of-Touch Billionaire’ Larry Fink Blasted for Calling 65 a ‘Crazy’ Retirement Age: “I love how rich people are treated as sources of great wisdom when they obviously don’t know their ass from their elbow,” said one economist. [More]
- The Media Industry’s Financial Problems Are Bad News for Democracy: I’m worried that in the paywall era, the new business model will ensure that only wealthier people who can afford to be paying for news will be reading the best stories. [More]
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Most Independent Progressive outlets struggle to raise the funds they need to operate, much like the smaller outlets like Politics Done Right.
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