On top of American financial companies collapsing, and major auto makers asking for a bailout, there's more change.
The Tribune Company is going through Chapter 11 bankruptcy. This is a rather big deal. The T.C. owns quite a number of newspapers, including:
- Los Angeles Times
- Chicago Tribune
- The Sun (Baltimore's)
I think there may be another factor. As I mentioned in a previous post, it's hard to shake the idea that the editors of many traditional news services haven't been keeping up with the times.
I'm not talking about information technology.
I think a case can be made that American newspapers, magazines, and traditional television news services, see the world through a filter that hasn't been changed since the seventies. That may be one of the reasons that so much reporting on the War on Terror reads like something written during the Vietnam war.
There's nothing wrong with nostalgia, except when it interferes with seeing the world as it really is.
In the news:
- "Initial hearing held in Tribune bankruptcy"
Associated Press (December 10, 2008)