“For a generation, journalists have been steeped in a culture of
failure. Even during boom years, newspapers laid off employees, offered
buy-outs, froze the hiring off new employees and cut the pay of the
ones they kept. When the Internet brought unprecedented competition
into the news business, and Chicken Little’s sky really did fall, the
industry amplified its toxic narrative: “No one can make money online.”
“Journalism is doomed!””

“For a generation, journalists have been steeped in a culture of
failure. Even during boom years, newspapers laid off employees, offered
buy-outs, froze the hiring off new employees and cut the pay of the
ones they kept. When the Internet brought unprecedented competition
into the news business, and Chicken Little’s sky really did fall, the
industry amplified its toxic narrative: “No one can make money online.”
“Journalism is doomed!””

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