A Quote by Steve Bannon

The modern economics of the newsroom don't support big investigative reporting staffs. — © Steve Bannon
The modern economics of the newsroom don't support big investigative reporting staffs.
In this very uncertain time for the media, serious investigative reporting - the expensive, time-consuming stuff - is under enormous pressure at newspapers and other commercial news organizations. Non-profits such as the Center for Public Integrity are taking on this vital work and without them the prospects for investigative reporting would be even more dire. The Center has been properly celebrated for its careful, rigorous work, and to my mind it has now ascended to the status of national treasure.
Investigative reporting is the bone structure without which the journalistic body collapses. The Center for Public Integrity's constant and consistently enterprising investigative work is an invaluable contribution not only to journalism, but to society and to a healthy democracy
Investigative journalism and reporting has become much more dangerous. This is especially true for journalists and sources in National Security - but it has been getting pretty bad for beat reporters and small outlets doing local reporting, too.
I don't think crowdfunding is a good idea for journalism in general. Good work should be supported by news organizations, and publishers should pony up money to support investigative reporting. But we're in hard times, so there are upsides and downsides to it.
Big business, for all its lobbying, is often put in line by investigative reporting, public scandals and multi-million-dollar judgments in court against those who put products on the market that are dangerous to their buyers.
We were doing sports. It was entertainment. It wasn't like it was investigative reporting.
There is space for a different kind of investigative reporting that's about immersion and obsessive attention to detail and deep listening.
Modern war appears as a struggle led by all the State apparatuses and their general staffs against all men old enough to bear arms.
Because I was once a reporter, I've always felt a sense of estrangement inside the newsroom. The field is alive and interactive, while the newsroom is quiet and stereotypical.
Face the facts, all these environmental organizations are thirty, forty, fifty years old. They have big buildings, big obligations, big staffs. They may trade on their youthful dreams, but the truth is, they're now part of the establishment. And the establishment works to preserve the status quo. It just does.
I think historically modern economics, capitalist economics, tends to erode moral categories... And this is where I think the right gets capitalism wrong. They kind of assume that there is a moral equivalence or moral valence to capitalism, but I tend to think that economics erodes all the kind of cultural taboos and inhibitions and values it comes into contact with.
I would hope that the staffs at juvenile detention centers and reform schools are carefully chosen so that there is a community of support and hope.
The days of print media are numbered. Some papers will be around for a few years, but everyone knows news is going online. Then you have to ask, who pays for it? How do you deliver it? Is there any money for proper investigative reporting?
I think that 'Lost' is a bit of a dinosaur in terms of the type of show it is. The economics just don't support making a show this big and complicated profitable enough for a network.
I also don't think all of the revenue will come from digital subscriptions. We have in the New York Times a mix of revenue sources and it will continue to be a mix for quite a while. What makes me more nervous is that we built this newsroom on a really high profit margin that has eroded significantly over the last years. I'm nervous that we won't continue to have the profit margins that allow us to have a big, robust newsroom.
The thing that's been inhibiting long-form investigative reporting is fear - fear of being sued, of being unpopular, of being criticized by very powerful groups.
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