The U.S. Media’s Problems Are Much Bigger than Fake News and Filter Bubbles
Harvard Business Review
JANUARY 5, 2017
Yet by 2004 its market share was down to 3%. Because more people used PCs, and wrote software for them, they became the default choice for nearly everyone. The media’s bias toward big events stems from three features of its economics: Fixed costs. Fixed costs have always been central to the economics of media.
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