> the product is produces is not worth what it costs to produce it.
Media are the fourth estate. As such they are indispensable in a democratic state based on the rule of law.How to kill it:
1. abolish the fairness doctrine. Selling fakes and lies = big profit. => fox news e.a.
2. Let moneyed interests run the show. Control the narratives => poor people voting for the billionaire interests at their own detriment
> I'm just not sure there's a good solution to this.
I am not sure if it is still possible to mention public broadcasting because of dominant narratives ("public service bad, billionaire company good")¹, but left alone they will do a very good job usually.1) As an exercise, who sponsors this narrative?
I fear that in the last decade, even the PBSs of the world have pulled back. They still create content but they have been very loathe to come out against any interest that the billionaire philanthropists might object to.
One problem is the billionaires themselves. It's too much power and influence in the hand of a single person. They can fun newspapers at loss and have them spread any kind of lies or narrowly biased news for decades.
Billionaires would be less of a problem in a world where we'd all be multi millionaires.