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kleinbl00 · 3771 days ago · link · · parent · post: Clay Shirky: Last Call - The End of the Printed Newspaper
Exactly this. Ryan Holiday makes point that newsboys screaming headlines on the town square led directly to the rise of yellow journalism, while the NYT's subscription model led directly to its demise. When your "journalism" is being driven entirely by CPM, you're doomed to hunt sensationalism. Oh, wait. Excuse me: "Does pay-per-click advertising directly lead to sensationalist journalism?"