‘Very few have balls’ – Tina Brown- How American news lost its nerve

Max Tani:

There’s too much to read and watch, too many places to read and watch it. It’s enough to distract you from the biggest news in journalism right now: In 2024, it’s harder than ever to get a tough story out in the United States of America.

A landscape of gleefully revelatory magazine exposés, aggressive newspaper investigations, feral online confrontations, and painstaking television investigations has been eroded by a confluence of factors — from rising risks of litigation and costs of insurance, which strapped media companies can hardly afford, to social media, which has given public figures growing leverage over the journalists who now increasingly carry their water.

The result is a thousand stories you’ll never read, and a shrinking number of publications with the resources and guts to confront power.

One recent example illustrates the difficulty of getting even a modestly negative revelation about a popular public figure into print. Last year, freelance reporter John McDermott discovered that Jay Shetty, a massively popular lifestyle podcaster who recently interviewed President Joe Biden, had fudged biographical details about his life. But months after he began his reporting for Esquire, he wondered: Would any outlet publish it?

Esquire lost interest as the piece took on a critical tone. He then approached The Hollywood Reporter — as did Shetty’s publicists, who delivered a litany of complaints about the journalist, arguing that he had a conflict of interest. More than a year after its conception, McDermott’s story was eventually published by The Guardian, prompting British education officials to demand Shetty remove false references to them from his website.

“Very few owners have balls any more,” the former Vanity Fair and New Yorker editor Tina Brown told Semafor, “a very sorry fact for journalism.”

There are at least five major factors putting journalists on their heels.