Last year was one of the worst in recent memory for layoffs across media. Job losses in digital, broadcast and print news increased almost 71 percent from 2022, according to a recent report. Victor Pickard, professor of media policy and political economy at the University of Pennsylvania, says the current situation amounts to a "systemic market failure." To fix it, he proposes a bold new plan.
Guests: Victor Pickard, professor of media policy and political economy at the University of Pennsylvania
Credits: 1 big thing is produced by Niala Boodhoo, Alexandra Botti, and Jay Cowit. Music is composed by Alex Sugiura and Jay Cowit. You can reach us at podcasts@axios.com. You can send questions, comments and story ideas as a text or voice memo to Niala at 202-918-4893.
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