Growth of Media Conglomerates has been Accompanied by Massive Cuts in the Budgets for Investigative Journalism.

The growth of media conglomerates in the U.S. since the 1980s has been accompanied by massive cuts in the budgets for investigative journalism, wikipedia reports (source). Investigative journalism is also important for democracy (source).

There lots similarity between “Investigative Journalism” & “Innovation” & on innovation, I blogged about MIT say u need critical thinking & Forbes say u need to be open. Then I also blogged about overcoming “Blocks to Innovation” by watch out for “Cognitive Dissonance.”

Then I also blogged about Global Growth & asked is the global environment conducive for “Innovation.”

Innovation is critical for global growth, as it is a main factor, help economics, break out of old “Growth Possibility Frontier”& bring about Expanding Beyond Current Growth Possibility Frontier.

And again as I mentioned before innovation & investigative journalism similar, so in fact, investigative journalism is very healthy for news unts.

But with global news units, under corporation, so becoming corporate news units, there is a responsibility to the bottom-line & like innovation, where innovation is expensive & full of failure, except for a few that makes it & so with corporate news, investments into investigative journalism have been falling for a long time & in fact, investigative journalism is close to dead & gone.

Recently, with fake news investments in time and money have been made by news units, into fact checking. However, fact checking is just a very small and shallow part of investigative journalism.

American news units, such as MSNBC have invested significantly into the Russia-Gate situation, meaning about Putin & Trump and their people relationship. But mostly, media have play a supporting role to the work of other, who are not in journalism.

In sum, sadly, as I asked is global environment conducive for innovation, the global environment for investigative journalism at media units, is not conducive.

For example, with television: The growth of media conglomerates in the U.S. since the 1980s has been accompanied by massive cuts in the budgets for investigative journalism. A 2002 study concluded “that investigative journalism has all but disappeared from the nation’s commercial airwaves”.[19] The empirical evidence for this is consistent with the conflicts of interest between the revenue sources for the media conglomerates and the mythology of an unbiased, dispassionate media: advertisers have reduced their spending with media that reported too many unfavorable details. The major media conglomerates have found ways to retain their audience without the risks of offending advertisers inherent in investigative journalism.

The following are some news link:

What does the great newspaper squeeze of 2016 mean for … – Poynter

http://www.poynter.org/2016/what-does…newspaper…investigative-journalism/437557/

Nov 3, 2016 – That climate is bad news for investigative journalism, deep digging that generally requires lots of time from savvy reporters and editors in …

Investigative journalism – Wikipedia

https://en.wikipedia.org/wiki/Investigative_journalism

Investigative journalism is a form of journalism in which reporters deeply investigate a single topic of interest, such as serious crimes, political corruption, or corporate wrongdoing. An investigative journalist may spend months or years researching and preparing a report.

Professional definitions · ‎Terminology · ‎Examples · ‎Notable investigative reporters

What is investigative journalism? | Journalismfund

http://www.journalismfund.eu › Investigative Journalism

Investigative journalism involves exposing to the public matters that are concealed – either deliberately by someone in a position of power, or accidentally, behind a chaotic mass of facts and circumstances that obscure understanding. It requires using both secret and open sources and documents.”

The Bureau of Investigative Journalism

https://www.thebureauinvestigates.com/

The Bureau of Investigative Journalism is an independent, not-for-profit media organisation that holds power to account. We find the facts to expose wrongs and …

International Consortium of Investigative Journalists | The World’s Best …

https://www.icij.org/

The International Consortium of Investigative Journalists is an active global network of 185 reporters in more than 65 countries who collaborate on in-depth …

Investigative Reporting – The Pulitzer Prizes

http://www.pulitzer.org/prize-winners-by-category/206

For a distinguished example of investigative reporting, using any available journalistic tool, Fifteen thousand dollars ($15000).

Investigative journalism | Media | The Guardian

https://www.theguardian.com/media/investigative-journalism

Founder-director of the Centre for Investigative Journalism, who spent his life trying … Greenslade Who are the new kids on the block in investigative journalism?

Chapter 39: Introduction to investigative reporting – The News Manual

http://www.thenewsmanual.net/Manuals%20Volume%202/volume2_39.htm

In this, the first of the three chapters on investigative journalism, we discuss why there is a need for investigative reporting and we state some basic principles.

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