When Karen wrote about the Democratic primary blackout at Bloomberg News Agency, everyone on both sides of the ideological divide seemed to be in shock. Bloomberg News is not a small outfit. They employ an army of nearly 3,000 journalists, basically all of whom had suddenly been neutered. Some folks in the world of “media covering media” were speculating that they might rethink that decision after all of the backlash washed over them, but that doesn’t seem to be the case.
Is this just a temporary glitch in the system, or could it spell more permanent and lasting damage for that news outlet? There was one fairly hot take out there seeking to answer that question and it came from Matt Taibbi at Rolling Stone. Lord only knows that Taibbi isn’t exactly my go-to source for political commentary and the idea of him talking about media bias is kind of laughable, but in this instance, he definitely seems to have a point. And that point is that Bloomberg News Agency is basically a dead man walking at this point and it may take the rest of the political news industry down with it.
Bloomberg News suffered a major disruption over the weekend. The episode predicts the future of the news business, and the death of the news business…
If Mike Bloomberg had any respect for the news business he would encourage his editorial staff to kick him in the balls at every opportunity. Either that, or he would sell his media business. Or not run for president.
Characteristically, he picked the one path that is most contemptible and destructive, retaining ownership of one of the world’s biggest news outlets just to defang it for the duration of his (incidentally moronic) presidential run. It’s an awesomely selfish act that shows his contempt for the whole idea of journalism.