@pettter This is what happened to journalism in the USA. Newspapers and local stations that were stable, useful, and profitable were crammed into investment models that depended on big debt and accelerating profit growth. I can't help but think these disasters are on purpose - anything that supports making people think is a threat to the one percent.
@spiegelmama @pettter is it greed, malice, or stupidity?
or maybe a board full of investors desperate to outrun inflation before the jackpot hits?