CNN Reliable Sources with Brian Stelter October 31, 2021 15:54:00
Were very few reporters then. we've seen the decline over the decades. what do you blame -- >> well t business model for local news has changed dramatically. the internet has dis intermediate ated that business. it used to be a business to business operation, in other words, advertisers provided most of the revenue and subscriptions less so. now the advertisers are going national with facebook and google and so forth. so that cash flow is not there for the local news. so it's a business model that's collapsed, and the question is, is there another business model that's self-sustaining that can...
Source: archive.org