It was most amusing to read responses to this on X.
"Democracy has died a little bit" and "one less voice to critique this bad government".
Thousands and thousands of business owners (including myself) lost some, half or all of their business. over covid. In many cases that included our life savings....money we foolishly invested in a business when we would have been much better off investing in houses.
I don't know how many tourism businesses were destroyed because this was never reported on in the media. But it must have been a considerable amount considering tourism went from a 17 billion a year (largely in foreign exchange) industry to a small fraction of that literally overnight.
Also never reported are the tens of thousands of poor children in South Auckland or the Far North or Gisborne, who lost up to a year of school, something that they will never recover and with no plan to help them recover it. Protecting the vulnerable, indeed.
Where are their "features" or documentaries?
Instead we get insipid "misinformation reporting" and the "far right boogeyman" lurking on every corner.
I don't expect sympathy, no one made me start a business that was my decision. But their's was the only industry to get bailed out, and they still couldn't make their business work. They are clearly very incompetent.
It beggers belief that these media businesses who have failed in their job to offer balance and challenge authority, would seriously expect any sympathy from the rest of us.
Their model is one of an elite group talking to itself while telling the rest of us to eat cake.
There is plenty of cronyism in our capitalist economy but here, the market is speaking. The mainstream media has not served the market and it is getting the punishment the market rightly gives all those who fail it.
We have RCR and substack and any number of other blogs and podcasts. I've got more from this substack in 6 months then 5 years of offal on stuff.
The media response to the "shock" closure of a failing business says everything you need to know about the completely insular nature of the mainstream media.
I look forward to something better rising from the ashes.
Thanks for the compliment. That even if a smidgeon of what I write has been helpful it makes it all worthwhile. The way the media has reported a media demise reeks a bit of schadenfreude and of self gratification. After all as far as MSM is concerned it is all about us. My next weeks post will develop that theme.
Thanks too for your observations about the wreck of the last few years. I recall broadcasters like Cronkite when I was in the US - absolutely reliable. Although NY Times is seen as a bit left their reporting is good - and when they refer to a person they use an honorific rather than just a name.
Spot on Tim, my biggest regret was not to have purchased property a few years ago when had money in bank account. Said account is now empty with a business that is still not making money.
The loss of a news dissemination business especially given the state of Mainstream Media in this country is a tragedy, especially so for the 300 people who will have uncertain futures. This may act as a wake up call for MSM
The last government only has a peripheral attachment to it I’d suggest. There are attempts all around the world, closest to us being Australia initiated under Morrison, to bring this change about. Although I’m happy that Labour was rolled I don’t think that any Nat govt would have been different.
Labour introduced it. It was their way of continuing MSM subsidisation after the demise of the PIJF. The current Govt continued with the select committee with no promises the Bill would proceed. Australia and Canada have their variants but I suggest it is more a way of bludgeoning platforms than remunerating MSM for the use of their IP. The Copyright Act provides a solution as I have earlier suggested.
It was most amusing to read responses to this on X.
"Democracy has died a little bit" and "one less voice to critique this bad government".
Thousands and thousands of business owners (including myself) lost some, half or all of their business. over covid. In many cases that included our life savings....money we foolishly invested in a business when we would have been much better off investing in houses.
I don't know how many tourism businesses were destroyed because this was never reported on in the media. But it must have been a considerable amount considering tourism went from a 17 billion a year (largely in foreign exchange) industry to a small fraction of that literally overnight.
Also never reported are the tens of thousands of poor children in South Auckland or the Far North or Gisborne, who lost up to a year of school, something that they will never recover and with no plan to help them recover it. Protecting the vulnerable, indeed.
Where are their "features" or documentaries?
Instead we get insipid "misinformation reporting" and the "far right boogeyman" lurking on every corner.
I don't expect sympathy, no one made me start a business that was my decision. But their's was the only industry to get bailed out, and they still couldn't make their business work. They are clearly very incompetent.
It beggers belief that these media businesses who have failed in their job to offer balance and challenge authority, would seriously expect any sympathy from the rest of us.
Their model is one of an elite group talking to itself while telling the rest of us to eat cake.
There is plenty of cronyism in our capitalist economy but here, the market is speaking. The mainstream media has not served the market and it is getting the punishment the market rightly gives all those who fail it.
We have RCR and substack and any number of other blogs and podcasts. I've got more from this substack in 6 months then 5 years of offal on stuff.
The media response to the "shock" closure of a failing business says everything you need to know about the completely insular nature of the mainstream media.
I look forward to something better rising from the ashes.
Tim
Thanks for the compliment. That even if a smidgeon of what I write has been helpful it makes it all worthwhile. The way the media has reported a media demise reeks a bit of schadenfreude and of self gratification. After all as far as MSM is concerned it is all about us. My next weeks post will develop that theme.
Thanks too for your observations about the wreck of the last few years. I recall broadcasters like Cronkite when I was in the US - absolutely reliable. Although NY Times is seen as a bit left their reporting is good - and when they refer to a person they use an honorific rather than just a name.
Spot on Tim, my biggest regret was not to have purchased property a few years ago when had money in bank account. Said account is now empty with a business that is still not making money.
Well, you have my sympathy
Well said. I agree. I take issue with your characterisation of it as a "tragedy". It is surely hyperbolic to describe it so.
The loss of a news dissemination business especially given the state of Mainstream Media in this country is a tragedy, especially so for the 300 people who will have uncertain futures. This may act as a wake up call for MSM
The last government only has a peripheral attachment to it I’d suggest. There are attempts all around the world, closest to us being Australia initiated under Morrison, to bring this change about. Although I’m happy that Labour was rolled I don’t think that any Nat govt would have been different.
Labour introduced it. It was their way of continuing MSM subsidisation after the demise of the PIJF. The current Govt continued with the select committee with no promises the Bill would proceed. Australia and Canada have their variants but I suggest it is more a way of bludgeoning platforms than remunerating MSM for the use of their IP. The Copyright Act provides a solution as I have earlier suggested.