Let me add: all those clever cynical people who say "the business of a newspaper is to sell advertising" also don't understand why newspapers exist, because that's fundamentally how these billionaire wreckers are treating their media companies and it shows
I don't know what it is about idiots who buy newspapers without understanding why they exist or what their business is, but I think gutting books coverage is some kind of canary in the coalmine. These jackasses don't read books, so they assume no one else does either.
Yes, there is always a spreadsheet whisperer in the upper echelons who only cares about revenue, and that's the language the shareholders speak. But the revenue has ALWAYS been there to support the real mission, and attention economy addicts like Bezos and Soon-Shiong and Ellison don't get it
Feb 4, 2026 17:00I have to keep reminding myself that "make money" means something completely different to me than it does to the ownership class.
man who runs a website about collecting trading cards defends jeff bezos, explains journalism to the rest of us
[me counting up the cash at the end of the month after employees and bills have been paid] awesome! we made money!
[billionaire seeing that profits only pay 6% dividends to shareholders] this is unsustainable
