brainsteam.co.uk/brainsteam/content/annotations/2022/12/11/1670750825.md

date	hypothesis-meta	in-reply-to	tags	type	url
2022-12-11T09:27:05	created document flagged group hidden id links permissions tags target text updated uri user user_info 2022-12-11T09:27:05.220993+00:00 title What if failure is the plan? | danah boyd | apophenia false __world__ false -f33_nk1Ee2NpfvtJYAnCQ html incontext json https://hypothes.is/a/-f33_nk1Ee2NpfvtJYAnCQ https://hyp.is/-f33_nk1Ee2NpfvtJYAnCQ/www.zephoria.org/thoughts/archives/2022/12/05/what-if-failure-is-the-plan.html https://hypothes.is/api/annotations/-f33_nk1Ee2NpfvtJYAnCQ admin delete read update acct:ravenscroftj@hypothes.is acct:ravenscroftj@hypothes.is group:__world__ acct:ravenscroftj@hypothes.is capitalism selector source endContainer endOffset startContainer startOffset type /div[1]/div[1]/div[1]/div[1]/article[1]/div[1]/div[1]/p[33] 563 /div[1]/div[1]/div[1]/div[1]/article[1]/div[1]/div[1]/p[33] 142 RangeSelector end start type 16164 15743 TextPositionSelector exact prefix suffix type Throughout the 80s and 90s, private equity firms and hedge funds gobbled up local news enterprises to extract their real estate. They didn’t give a shit about journalism; they just wanted prime real estate that they could develop. And news organizations had it in the form of buildings in the middle of town. So financiers squeezed the news orgs until there was no money to be squeezed and then they hung them out to dry. st or Google drives me bonkers. There was no configuration in w TextQuoteSelector https://www.zephoria.org/thoughts/archives/2022/12/05/what-if-failure-is-the-plan.html Wild that driving functional organisations into the ground could just be the cost of doing business 2022-12-11T09:27:05.220993+00:00 https://www.zephoria.org/thoughts/archives/2022/12/05/what-if-failure-is-the-plan.html acct:ravenscroftj@hypothes.is display_name James Ravenscroft	https://www.zephoria.org/thoughts/archives/2022/12/05/what-if-failure-is-the-plan.html	capitalism hypothesis	annotation	/annotations/2022/12/11/1670750825

Throughout the 80s and 90s, private equity firms and hedge funds gobbled up local news enterprises to extract their real estate. They didn’t give a shit about journalism; they just wanted prime real estate that they could develop. And news organizations had it in the form of buildings in the middle of town. So financiers squeezed the news orgs until there was no money to be squeezed and then they hung them out to dry.

Wild that driving functional organisations into the ground could just be the cost of doing business