A few weeks ago I wrote three pieces at Stratechery about the state of journalism in the age of the Internet.
- FiveThirtyEight and the End of Average
- The Stages of Newspapers’ Decline
- Newspapers are Dead; Long Live Journalism
The main takeaway of these pieces was that the Internet, with its wide reach and low costs, is fantastic for writers, but a very difficult environment for newspapers with their high fixed costs. It’s also great for readers, who can follow specific writers instead of broad-based publications focused on the lowest common denominator.
While these pieces stood on their own, the truth is the thinking behind them was not at all abstract: it is the foundation of the new Stratechery, launching today.