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The Onion adds a new layer, buying Alex Jones’ Infowars and turning it into a parody of itself
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Wall Street Journal / David Marcelis and Joe Flint / Sep 10, 2023
“The decades-long alliance between programmers and distributors that has been the foundation of the roughly $200 billion TV industry is starting to crumble as each side looks to protect its interests in a media landscape centered on streaming…The entertainment companies are striking a delicate balance. They need to make sure the legacy cable-TV industry survives. It is providing the profits to support their streaming apps, which are seen as the future but are losing billions of dollars a year, collectively.”
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