RealClearInvestigations Podcast

The News Business Meltdown with Patrick Steel | RealClearInvestigations Podcast #119

Episode Summary

On this week’s episode of the RealClearInvestigations Podcast, RCI Editor J. Peder Zane and RCI Senior Reporter James Varney speak with Patrick Steel, the former CEO of Politico who is now a Senior Advisor to Antenna Group, about the changing landscape of the media business. On the news round-up, Zane and Varney discuss articles published by Reuters and the Washington Post that detail Iran’s confounding stranglehold on the Strait of Hormuz as well as a piece in the Atlantic that raises questions about the US government’s official narrative regarding the deadly collision of two American refueling planes over Iraq. They also examine how two articles – the National Review’s analysis of the explosion in autism diagnoses and the City Journal’s report on the transplants driving Los Angeles’ homeless problems – illustrate how the wrong incentives can exacerbate social problems and social spending. 00:00 Introduction and Overview of the Podcast 08:21 Iran's Influence on International Shipping 16:07 The Evolving Media Landscape 31:14 The Future of Legacy Media 31:55 The Evolution of Regional Journalism 34:00 The Impact of Billionaire Backers on Media 37:31 The Tension Between Audience and Ownership 42:35 The Rise of Authenticity in Journalism 49:23 Transparency and Trust in Modern Media 56:45 Investing in the Future of Journalism

Episode Notes

On this week’s episode of the RealClearInvestigations Podcast, RCI Editor J. Peder Zane and RCI Senior Reporter James Varney speak with Patrick Steel, the former CEO of Politico who is now a Senior Advisor to Antenna Group, about the changing landscape of the media business. 

On the news round-up, Zane and Varney discuss articles published by Reuters and the Washington Post that detail Iran’s confounding stranglehold on the Strait of Hormuz as well as a piece in the Atlantic that raises questions about the US government’s official narrative regarding the deadly collision of two American refueling planes over Iraq. They also examine how two articles – the National Review’s analysis of the explosion in autism diagnoses and the City Journal’s report on the transplants driving Los Angeles’ homeless problems – illustrate how the wrong incentives can exacerbate social problems and social spending. 

00:00 Introduction and Overview of the Podcast
08:21 Iran's Influence on International Shipping
16:07 The Evolving Media Landscape
31:14 The Future of Legacy Media
31:55 The Evolution of Regional Journalism
34:00 The Impact of Billionaire Backers on Media
37:31 The Tension Between Audience and Ownership
42:35 The Rise of Authenticity in Journalism
49:23 Transparency and Trust in Modern Media
56:45 Investing in the Future of Journalism

Articles Discussed in This Podcast: