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Saracino: "Formerly Major Media": Goodbye & Good Riddence

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  • Saracino: "Formerly Major Media": Goodbye & Good Riddence

    My good friend, Bill Saracino, has succinctly, described the problem with the "formerly major media" (I call it the fringe media).

    "The American people occasionally do foolish things (witness the 2008 election) but they are not fools. They know bias when they see it and instinctively shy away from it. They are basically center-right in their politics. This has largely always been the case, but not until the advent of the new media cable TV, talk radio and the internet did they have the power to break the FMMs stranglehold on information."

    How bad is circulation for the LA Times? "The Los Angeles Times paid circulation, which was 1,300,000 in 1990 and 1,000,000 as recently as 2000, is now 616,000. By the end of the year it will likely be somewhere in the 500,000 range."

    Seriously, does anybody still watch Wolf, perky Katie, Brian or Diane?

    Saracino is a long time observer of the media. He notes, correctly, that the Formerly major Media does not know what hit it. In fact, they are shell shocked at how quickly they have lost their credibility and circulation. As Bob Dylan wrote, “the times they are a'changin".

    "The advent of the new media ended the FMM monopoly with the suddenness and certainty that the bomb on Hiroshima ended World War II. The FMM was as unprepared for its disaster as the Japanese were for theirs.

    Hiroshima recovered from its bomb and that was good for Japan. The FMM is unlikely to recover from its bomb and that is good for America. Goodbye and good riddance."

    Goodbye and good riddance, and apt ending to the era of Walter Cronkite and the propaganda media.

    Are you saying goodbye and good riddance?

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