Even though anyone can create media, legacy brands like The New York Times retain immense power. Their established brands are perceived by the public as more authoritative and trustworthy, giving them a 'monopoly on truth' that new creators lack.

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Tucker Carlson argues that legacy media brands have lost their power to shape public opinion. Their value is now primarily brand recognition, not their content's impact. True cultural influence has shifted to decentralized, creator-driven platforms like YouTube and X.

Mainstream media outlets often function as propaganda arms for political factions, not sources of objective truth. Consumers should treat them as such, using outlets like CNN for the left's narrative and Fox for the right's, simply to understand the official talking points of each side.

Contrary to the belief that costly journalism is subsidized by lifestyle products, the NYT CEO asserts that hardcore news is the most economically value-creating part of the business because it generates a massive audience and brand authority.

The primary challenge for journalism today isn't its own decline, but the audience's evolution. People now consume media from many sources, often knowingly biased ones, piecing together their own version of reality. They've shifted from being passive information recipients to active curators of their own truth.

Former journalist Natalie Brunell reveals her investigative stories were sometimes killed to avoid upsetting influential people. This highlights a systemic bias that protects incumbents at the expense of public transparency, reinforcing the need for decentralized information sources.

The internet democratizes consumption but consolidates production, meaning everyone remembers Apple but not Samsung's founder, Usain Bolt but not the silver medalist. The gap between #1 and #2 is infinite fame versus obscurity. In content-driven markets, the only rational strategy is to aim for being "insanely great," not just "good."

The New York Times is so consistent in labeling AI-assisted content that users trust that any unlabeled content is human-generated. This strategy demonstrates how the "presence of disclosure makes the absence of disclosure comforting," creating a powerful implicit signal of trustworthiness across an entire platform.

Chef Alison Roman suggests The New York Times had a "don't get too famous" culture, feeling threatened when a creator's personal brand grew too large. This highlights the conflict legacy media faces in cultivating talent they need but cannot fully control.

Despite declining viewership, legacy media institutions like The New York Times and Washington Post remain critical because they produce the raw content and shape the narratives that fuel the entire digital ecosystem. They provide the 'coal' that other platforms burn for engagement, giving them unrecognized leverage.

The NYT CEO sees the widespread belief in the need for shared facts, even among political opponents, as a powerful market driver. This demand for independent reporting creates a durable business model, despite low overall trust in institutions.