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Offline with Jon Favreau

What's Really Behind the Media Apocalypse?

Offline with Jon Favreau

Crooked Media

Society & Culture, News

4.72K Ratings

🗓️ 4 February 2024

⏱️ 73 minutes

🧾️ Download transcript

Summary

Peter Hamby, host of Snapchat’s Good Luck America and a founding partner at Puck News, returns to Offline to discuss whether journalism is headed towards extinction. With the latest round of media layoffs hollowing out the industry more than ever before, how will people stay informed—and do they even want to? Has the news lost its primacy in the American mind? But first! Max and Jon break down Zuckerberg & co.‘s testimony before the Senate Judiciary Committee, why children’s online safety is the social media moguls’ achilles heel, and whether Universal Music pulling their catalogue from TikTok is actually a big deal.

Transcript

Click on a timestamp to play from that location

0:00.0

I hate to say this because I care about journalism, I went to journalism school, my parents were journalists,

0:06.0

but I also work at Snapchat and I understand this.

0:09.2

News can feel like homework to a lot of people. In addition to being sad and worrisome and giving

0:16.7

you anxiety, it can feel tedious to sit down if you are an everyday American and read a 10,000 word magazine article or read

0:28.8

you know 800 words of black and white text on a page.

0:33.5

It's not just CNN competing against MS NBC and Fox.

0:37.0

It is CNN competing against Roblox

0:39.2

and competing against Tik-talk, etc.

0:42.5

Call it dopamine, call it a short attention span or whatever.

0:46.5

Yeah.

0:47.5

But it's not something that people feel like is essential to their everyday lives. I'm Max Fisher and you all just heard this week's guest Peter Hamby host of

1:04.2

Good Luck America on Snapchat and a founding partner at Puck News. You've probably

1:08.8

noticed that the media industry has had a terrifying last few weeks the LA Times laid off 20% of their newsroom awful max

1:16.7

insider laid off 8% of theirs and the messenger a digital media startup launched less than a year ago

1:22.2

announced that they were

1:22.8

shutting down completely leaving its staff of 300 out of work. This is on top of

1:27.6

2023's media contraction which saw layoffs at Vice, NPR, Vox, the Washington Post, and the shuttering of newsrooms at

1:34.6

Jezebel and Buzzfeet News.

1:37.0

This is a wild stat.

1:38.0

Since the beginning of 2023, more than 20,000 journalism jobs have been eliminated.

1:43.0

I know.

1:44.0

I didn't realize it was that high.

...

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