Economic News

If it Bleeds – it Doesn’t Lead Anymore

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Article in AlterNet by Matthew Rozsa, 4/6/26

Headline:  “Right-wing media empire hemorrhaging subscribers as Trump’s coalition crumbles”

“President Donald Trump’s media ecosystem for a long time depended on major online brands like The Daily Wire and Blaze Media, but as one of their fellow conservative publications pointed out, Trump’s coalition is dissolving — and with it, the base of support upon which many of these media outlets once stood firm.

“Ben Shapiro’s Daily Wire is in trouble on YouTube, losing significant numbers of subscribers—with Shapiro himself down a whopping 80,000 in the first quarter of the year, according to a new survey of political channels by researcher Kyle Tharp,” wrote The Bulwark’s Will Sommer on Monday. It’s more proof that dissident and increasingly anti-Trump voices like Candace Owens and Tucker Carlson have the energy in right-wing media. Shapiro, by contrast, is stuck defending an unpopular war with Iran.’ ”

Read the full article at:

https://www.alternet.org/right-wing-media-fail/

 

Short-Term Reporting?

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Article in Media Matters by Ilana Berger, 4/3/26

Headline:  “Right-wing media’s narrative that high gas prices are ‘short-term’ and ‘temporary’ is undermined by reporting from major energy conference”

Subhead:  “CNBC anchor Morgan Brennan: ‘The growing chorus on Wall Street, including JP Morgan, Blackrock, Citadel, those are all warning that the war and ongoing oil shocks are being underpriced’ “

“While many right-wing media personalities continue to parrot claims from the Trump administration that high gas prices are a short-term consequence of the U.S. and Israel’s war in Iran, a few are starting to question that narrative.

“During S&P Global’s CERAWeek, a Houston-based energy industry conference held this year from March 23-27, attendees and other experts expressed concern over the long-term consequences of President Donald Trump’s war constraining energy supply in the Strait of Hormuz, making clear to reporters that the situation is likely worse than the market is showing. . .”

Read the full article at:

https://www.mediamatters.org/us-iran-relations/right-wing-medias-narrative-high-gas-prices-are-short-term-and-temporary

Rt. Wing Media – Bread or War?

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Article in Media Matters by John Knefel, 3/27/26

Headline:  “Divisions emerge in right-wing media as Iran war stirs anxiety about food production, fertilizer”

Subhead:  “Some conservative pundits are calling for escalation, while others criticize the war for surging fertilizer costs”

“The U.S.-Israeli war on Iran — which has been largely but not entirely supported by major right-wing media outlets — is threatening to upend not just international oil markets but also world food production, with fertilizer costs soaring just as farmers in the global north enter the spring planting season.

Some figures in right-wing media have taken notice, alarmed that a spike in domestic food prices could be disastrous for President Donald Trump and Republicans in the fall midterms. . .”

Read the full article at:

https://www.mediamatters.org/us-iran-relations/divisions-emerge-right-wing-media-iran-war-stirs-anxiety-about-food-production

Rt. Wing Media Losing Stock?

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Article in Media Matters, 3/26/26

Headline:  “Right-wing media accused Trump of ‘obvious’ stock market manipulation”

Subhead:  “Right-wing media also suspect someone close to Trump of insider trading, asserting “clearly there’s somebody that had some information”

“Right-wing media figures accused President Donald Trump of manipulating the market after stocks surged following his March 23 social media post claiming that the war in Iran was winding down. Additionally, oil and gas futures purchases spiked just before Trump’s announcement about a seemingly nonexistent ‘resolution’ with Iran, leading some in right-wing media to suggest that people close to the president, or even within Trump’s administration, were guilty of insider trading. . .”

Read the full article at:

https://www.mediamatters.org/us-iran-relations/right-wing-media-accused-trump-obvious-stock-market-manipulation

Media Uber Alles

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Article in The Nation by Steve Scherer, 3/20/26

Headline:  “Correspondent to Uber Driver”

Subhead:  “I once documented human displacement and desperation. Now, due to a crumbling media ecosystem, I am living it.”

“. . .After serving as Reuters’s Ottawa bureau chief for five years, my job was eliminated in a cost-cutting drive. . .”

“As a correspondent who covered politics on two continents, I have seen politicians in other countries use immigrants as scapegoats. It’s always a deadly approach, especially for the immigrants. But Trump needs scapegoats to distract from the gaping wound that is the relentless shrinking of America’s once-great middle class. That social grouping once included me. But not anymore. . . .”

“South of the border, in the United States, more than 10,000 journalists lost their jobs between 2022 and 2024, according to Nieman Reports. . .”

“When I lost my job, I told myself, ‘If all else fails, I’ll drive for Uber.’ Well, here I am, and it’s not as comforting as I thought it would be. I used to think I was different from the migrants I wrote about—protected by a passport, a salary, a press badge. But the past two years have stripped away that illusion. . .”

Read the full article at:

https://www.thenation.com/article/society/from-foreign-correspondent-to-uber-driver/

Gambling With the News

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Article i in Columbia Journalism Review by Ivan L. Nagy, 3/11/26

Headline:  “Are Prediction Markets Actually Good for Journalism?”

Subhead:  “Dustin Gouker, the author of a Substack about prediction markets, says the media could benefit from keeping an eye on Kalshi and Polymarket.”

“By the time the US attacked Iran, on February 28, half a billion dollars had been wagered on Polymarket, one of the world’s top prediction markets, predicting when the strikes would happen. . .”

“Not long after the war started, Polymarket added a note to its Middle East markets. ‘The promise of prediction markets is to harness the wisdom of the crowd to create accurate, unbiased forecasts for the most important events to society,’ the company wrote. . . .”

Read the full article at:

https://www.cjr.org/the-interview/are-prediction-markets-actually-good-for-journalism-kalshi-polymarket-dow-jones-cnn.php

Indigenous Media in Trouble

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Article in Columbia Journalism Review by Liam Scott, 3/10/26

Headline:  “On Standing Rock, Local News Is Teetering”

Subhead:  “ ‘We are like living ghosts,’ the editor of the Teton Times said.”

“In January, the Lakota Times, a newspaper based in southwestern South Dakota, on Pine Ridge Indian Reservation, abruptly announced its closure, citing ‘unforeseen circumstances and health issues.’ Avis Red Bear, an Indigenous journalist based in McLaughlin, a small town in the center of the Standing Rock reservation, took the closure of the Lakota Times especially hard. . .”

“To other Indigenous journalists, Red Bear helped pioneer the importance of independent Indigenous media. ‘She stands as a beacon of tenacity and commitment to producing local news,’ said Jodi Rave Spotted Bear, founder of the Indigenous Media Freedom Alliance, which publishes the independent news site Buffalo’s Fire. . .”

Read the full article at:

https://www.cjr.org/analysis/standing-rock-local-news-teetering-teton-lakota-times-sioux-native-indigenous-media-avis-red-bear.php

Oily Media

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Article in Media Matters by Zachary Pleate, 3/10/26

Headline:  “Trump’s media allies embrace oil wars”

Subhead:  “Amid encouragement from right-wing media, Trump is reportedly considering seizing Iran’s oil”

“Soon after President Donald Trump launched his war against Iran, Fox News and Newsmax personalities began talking about the possibility of Trump taking control of Iran’s oil industry, and multiple news reports now say the administration is not ruling out such a move.

“This development follows months of encouragement from right-wing media figures to do a similar takeover of Venezuela’s oil industry, which Trump embraced after taking military action to depose President Nicolás Maduro. . .”

Read the full article at:

https://www.mediamatters.org/fox-news/trumps-media-allies-embrace-oil-wars

More Gloming Up Media?

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Article in Reuters by Milana Vinn & Dawn Kopecki, 2/17/26

Headline:  “Warner Bros rejects revised Paramount bid, but remains open to a final offer”

Warner Bros Discovery (WBD.O), opens new tab on Tuesday rejected Paramount Skydance’s (PSKY.O), opens new tab latest $30-a-share hostile bid, but gave the rival Hollywood studio seven days to submit a “best and final” offer to top an existing agreement to sell its businesses including HBO Max and “Harry Potter” franchise to Netflix.

“Paramount informally broached an even higher per-share price of $31, Warner Bros said, apparently enticing the board to the table. But its response to Paramount indicates Warner Bros prefers its deal with Netflix, and the odds of a switch are long. . .”

Read the full article at:

https://www.reuters.com/sustainability/sustainable-finance-reporting/warner-bros-rejects-paramounts-revised-offer-gives-studio-week-negotiate-better-2026-02-17/

CBS Still Shrinking

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Article in Poynter by Tom Jones, 2/13/26

Headline:  “Opinion | Buyouts signal growing fracture inside CBS News“

Subhead:  “Recent departures sharpen scrutiny of Bari Weiss’ vision”

“Unrest continues at CBS News.

“As I linked to in the newsletter earlier this week, the New York Post’s Alexandra Steigrad reported that about a quarter of ‘CBS Evening News’ staffers eligible for buyouts have chosen to take them ahead of possible impending layoffs under new CBS News editor in chief Bari Weiss. . .”

Read the full article at:

https://www.poynter.org/commentary/2026/buyouts-layoffs-cbs-news-bari-weiss/