Michael Moore: Newspapers 'Slit Their Own Throats' (VIDEO)

[BettorsChat]

Filmmaker Michael Moore -- who's been touring the world promoting his new film, "Capitalism: A Love Story" at several international film festivals -- argued on Monday that U.S. newspaper publishers have no one to blame but themselves for their declining financial health.

"These newspapers have slit their own throats," he said. "Good riddance." From The Wrap:

Moore said that newspapers, bought up by corporations in the last generation, have pursued profits at the expense of news gathering. By basing their businesses on advertising over circulation, newspaper owners have neglected their true economic base and core constituency, he said. [...]

Moore cited newspapers like those in Baltimore or Detroit, his home town, with firing reporters that cover subjects that affect the community.

[flarendep1]

Mean old capitalism has made this guy a millionaire.

Doesnt the genius know the internet and online classified ads have killed the newspapers, guess it doesnt fit his propaganda

[BettorsChat]

Mean old capitalism has made this guy a millionaire.

Doesnt the genius know the internet and online classified ads have killed the newspapers, guess it doesnt fit his propaganda

I want everyone to be Rich

Signed,
John Dumbass McCain

[vols fan]

I want to take all your grandkids money

Signed,
Dumbass Obama

Wow Monte,we finaly agree

[jordanrules23]

[KazDog]

I could go on a long diatribe about how and why it happened, but I'm pretty sure people on here really don't care .

KAZ

[husker]

cable news and the internet are the biggest causes, but rising prices coupled with falling content and having strong bias to the left also contribute. the strong left bias eliminates a big % of potential customers.

[Jamaicanman]

I don't claim to have any media expertise, but imo, I think newspapers are struggling b/c I would think a high % of their revenue is advertising dollars. And now with different forms of advertising available for less $, this hit puts them on an unsustainable path. Less revenue and more spending.

Unfortunately I can think of several businesses who are following this trend.

[BigWeiner]

I don't claim to have any media expertise, but imo, I think newspapers are struggling b/c I would think a high % of their revenue is advertising dollars. And now with different forms of advertising available for less $, this hit puts them on an unsustainable path. Less revenue and more spending.

Unfortunately I can think of several businesses who are following this trend.

Sites like craigslist have made the advertising in newspapers useless.

[flarendep1]

I could go on a long diatribe about how and why it happened, but I'm pretty sure people on here really don't care .

KAZ

Thanks for sparing us

[grandmama]

I could go on a long diatribe about how and why it happened, but I'm pretty sure people on here really don't care .

KAZ

most people on here do not, but I think if we force real dialogue down their throat they will eventually get it. Most people on here confuse emotion with dialogue. There is no room for emotion in civil discourse......... Kaz, I want you to pick a book up when you have the chance, the title, "Amusing Ourselves TO Death," by: Neil Postman. It came out in the 80's, but it's a great read.