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Merchants of Truth

The Business of News and the Fight for Facts
Summary:

The book examines the challenges and transformations in the news industry by comparing the experiences of two legacy newspapers, The New York Times and The Washington Post, with two digital upstarts, BuzzFeed and VICE. It explores the tension between traditional journalism values and the pressures of staying afloat in the digital age, including issues like the rise of clickbait, the impact of social media, and the importance of investigative reporting.

Key points:

1. Transition to Digital: Abramson notes the shift from print to digital news, with challenges for papers like The New York Times and The Washington Post in moving from print ads to digital revenue.

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