Tegna Inc. Mike Steib.
BUSINESS

Broadcast Giant Laying Off Hundreds in Favor of ‘Centralization’

“Building a sustainable future for local news is hard…”

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Editor’s Note: This is a news analysis. TEGNA Inc. — one of the largest broadcasting companie
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2 comments

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The Colonel Top fan November 22, 2024 at 9:54 am

Not sure why this appears to be a surprise to anyone. Legacy media is dying its slow painful death. Andy, Jenn and Dylan can get out with 1/10th of the overhead and provide us with better information in many cases. However, as with everything in the wheel, as legacy dies and start-ups become more prevalent, they will begin to merge and we’ll be right back here in 40-50 years. If I want info from another region, I have another site I can visit. Drudge came to fame simply bringing all those disparate reports onto one page – he they don’t “report” anything.

There were more than 250 car companies in the US in 1910. By 1929 there were 44. By the 70s there were 10. Now we have the big three, none of whom are in the original owner’s hands and we have any number of start-ups and foreign offerings. I have a friend now building one offs in his father’s old print shop. Things change but the more they change, the closer they come to the way things were…

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Anonymous Top fan November 23, 2024 at 8:17 am

Sounds like Andy Fancher has an axe to grind against this guy. Reduces his credibility.

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