Victor Pickard: A new business model for journalism

<p>Last year was one of the worst in recent memory for layoffs across media. Job losses in digital, broadcast and print news increased almost 71 percent from 2022, according to a recent report. Victor Pickard, professor of media policy and political economy at the University of Pennsylvania, says the current situation amounts to a "systemic market failure." To fix it, he proposes a bold new plan.</p>Plus, Axios' Sara Fischer with her top reasons for journalism's decline; and Karen Rundlet, CEO of the Institute for Nonprofit News, on the local and nonprofit news efforts giving her hope.<p><br></p><...