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Forward

Reinventing Local Newspapers

Forward

Humanity Forward Productions

Society & Culture

4.83.2K Ratings

🗓️ 9 May 2022

⏱️ 75 minutes

🧾️ Download transcript

Summary

Tara McGowan, founder of Courier Newsroom, joins Andrew to talk about learning lessons from 2016 and why we need a new approach to saving local journalism focused on reaching the average person who gets their news on social media. Watch this episode on YouTube: https://youtu.be/15EfVd_6pFw Follow Tara McGowan: https://twitter.com/taraemcg | https://couriernewsroom.com Follow Andrew Yang: https://twitter.com/andrewyang | https://forwardparty.com To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

This week on Forward, founder and CEO of Good Information, Inc. and Courier Newsroom,

0:05.6

Terima Gowin joins us to talk misinformation and what we can do about it this week on Forward.

0:31.1

It's my pleasure to welcome to Forward Civic Entrepreneur, the founder and CEO of Good Information,

0:38.8

and the Courier Newsroom, which we're going to talk about at like Terima Gowin. Welcome, Terra.

0:43.6

Thanks so much for having me, Andrew. It's great to be here.

0:45.6

Oh, Terra, you're working on a problem. So we'll retrace your steps so people have a sense of

0:49.6

your background, which is fascinating. But you're working on a problem that's near and dear to my heart,

0:54.7

which is the fact that local news is dying. You have over 2,000 local papers that have gone out

1:00.3

of business. You probably know the number is better than I do. And they've probably gotten worse since

1:04.6

I looked at it. So what is the situation with local news? Yeah, it's really, really bleak. Andrew,

1:11.6

as you mentioned, it got significantly worse during the pandemic. Is that going to imagine?

1:16.4

Sure. The shattering of newsrooms. And, you know, writ large, this has been happening for over a

1:20.4

decade now. And it's really the result of local news organizations having relied on one specific

1:27.2

stream of revenue, advertising, traditional advertising in their newspapers, local and regional

1:35.1

advertisers. And, you know, as the advertising industry got entirely imploded and revolutionized

1:42.6

by Big Tech and social media platforms. Also known as Craigslist and Facebook, but continue.

1:47.7

Yes, exactly. Local news organizations who were already struggling to get by with resources

1:54.0

couldn't keep up, couldn't evolve their business models quickly enough. So what's been happening

1:58.6

is they're either shutting down or sometimes worse, they're getting bought up by hedge funds

2:04.0

that are buying them up for different pieces, selling them off, just focusing on how to monetize them

2:10.0

and laying off the journalists and not really investing in the mission any longer of these

2:15.7

of these organizations and institutions. And the really scary part, I mean, it's just terrible

...

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