Here’s some fake news: The news media in America is doing well financially.
At least, that’s the view of 71 percent of Americans surveyed for a new study of U.S. media by the Pew Charitable Trust.
But to get a view of how it is actually going financially for news media, consider another statistic from the report: Only 14 percent of Americans said they had paid for news in the last year.
When is the last time your mechanic fixed your car for free? Same thing for us. We have to pay our reporters, our editors and our taxes. And though the study shows more and more Americans prefer to get their news from news media websites, we still buy a lot of paper and ink!
The disconnect here shows that we have a lot more to do in our industry to tell our story, even as we try to tell the rest of the world’s stories.
Although that is a glaring problem, overall I was pleased with the results of the study.