Over the years I’ve written about structural problems in the digital news industry, often driven by the growth of platform monopolies and other issues. Just in the last few months and even in the last few weeks we’ve seen a new round of publications shuttering or pivoting to publication zombiehood. So why is this happening? Why is your favorite news site suddenly going under? If you’re listening you’ve probably heard the story in general. But I wanted to share some numbers with you that I think will make it much more concrete.
(I think we can add something to the equation here because for a mix of business and personality reasons, we’re willing to share very granular dollar figures that very, very few other publications are willing to share.)
This chart which I just made shows the exact dollar amounts TPM brought in over the previous eight years through programmatic or “third party” advertising. As I think is pretty clear, if this is your business, you’re dead. You don’t have a business.
Read MoreOver the weekend, Democrats or Dem-adjacent persons watching polling of the 2024 presidential election got knocked over the head with a metaphorical anvil: a batch of polls collectively showing Joe Biden 2 to 4 points behind Donald Trump. I’ve gotten a lot of questions about these polls and polling generally, ranging from the technical, to the what does it mean, to please talk me off the ledge. So I wanted to try to address them here.
First: Are these polls accurate? In an age when no one answers their cell phones let alone landlines, how do we know whether these polls are representative. Who has a landline? etc.
This is a complicated question. Without getting into deep technical details, yes, the pollsters definitely get that landlines are old news and most people don’t even answer unknown numbers on their cell phones. The same applies to text requests for political surveys. Response rates — or, rather, non-response rates — are awful. But pollsters know all of that and they’ve come up with pretty smart ways to deal with it. Without getting too far into the weeds, it comes down to increasingly sophisticated ways of modeling the electorate, using those models to weight the results, and in so doing backing out a representative sample from the data.
Read MoreLiving in 2024, one of the big questions we have to ask ourselves is: why aren’t there flying cars? And where’s our colony on Mars? If I wanted to break the moment of levity I could ask: why do people still die of cancer? There’s actually a whole debate about whether and why the pace of invention — or, relatedly, scientific breakthroughs — has slowed compared to the first half of the 20th century. But let me not get ahead of myself.
These questions occurred me because I’ve been working on a project that requires some research on family history. And yesterday as I was putting my iPhone in a locker at my gym, this occurred to me: how would I explain the iPhone to my mother, who died in 1981?
When I thought of this I was thinking about photos and social media and a third, really big thing that is made up of many other, little things — not huge individually but vast and ubiquitous taken together — that we do with this small device. What analogues would I use to explain it?
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In my post yesterday, I said Israel’s campaign in Gaza has reached a point of diminishing returns, even on its own terms, and that the U.S. needs to help Israel, even in spite of itself or at least in spite of the current government, to bring it to a halt. A friend of mine got in touch with me and asked basically, how precisely can the U.S. do that? He meant this not in a challenging way but literally, what power does the U.S. have to make this happen? This led to an interchange that helped me think through why the U.S. has been doing what it has been doing, what it can do and what it can’t.
First, why is the U.S. sending arms and munitions to Israel at all? Israel has an incredibly powerful military and huge stockpiles of weapons of all sorts. Set aside the policy or moral questions. Why is it even necessary? At the very beginning of the conflict the U.S. provided fulsome support and arms in part simply to signal support, that the U.S. was backing Israel to the hilt after October 7th. But beneath that messaging and symbolism there was something much more concrete.
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Mitch McConnell is one of those perhaps historic figures for whom the greatness of his skill and impact are matched only in inverse by the malignity of his impact on our politics. To put it more brashly, McConnell was great at doing political evil. There is now a kind of rearguard effort to remake McConnell as an institutionalist, a last vestige of the pre-Trumpian GOP. And on that last point, being a vestige, there’s some truth. On being an institutionalist, not at all.
Mitch McConnell’s great legacy is the thorough institutionalization of minority rule in U.S. politics, especially at the federal level. The first and most obvious part of that is that McConnell, more than anyone else, is the man who broke the United States Senate, largely by domesticating the filibuster. No more a wild bull kept out in the stockade for ugly moments but now living within the household, almost a family member, though no less dangerous and wild.
Read MoreAdmittedly it was without those delicious atmospherics. But the substance was pretty close. Donald Trump now owes the state of New York $454 million. To appeal the verdict and to pause the state’s efforts to collect the judgment during that appeal, Trump has to post a $454 million bond. Today Trump’s lawyers went into court and asked the judge to accept a $100 million bond in lieu of the $454 million. They said that $100 million was as much as Trump could come up with. If the judge rejected the plea, “properties would likely need to be sold to raise capital under exigent circumstances.” In other words, Trump would have to sell off property at fire-sale prices and suffer harm that could not be undone if he gets the judgment thrown out on appeal.
Associate Justice Anil Singh denied Trump’s request.
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Here are a few thoughts on the Michigan primary tonight, in which both parties’ returns will be closely watched but especially the Democrats’. It will be the first clear electoral test of the degree of dissatisfaction with President Biden over the Israel/Hamas war, especially in the Arab-American and Muslim-American communities.
One thing to keep in mind is that there are a couple movements trying to participate in the backlash against the President. There’s an “Abandon Biden” group which wants to do what it says, which is get as many people as possible to refuse to vote for President Biden in the November election. The consequences of that decision be damned.
The main focus tonight will be on those pushing for an “uncommitted” vote. The key thing to know is that this group very specifically does not have the same professed goal. “Uncommitted” in this case is best understood as providing a safe harbor of sorts for Democrats who want to signal outrage or opposition without refusing Biden support in the November election.
Read MoreLast week we discussed new, truly smoking-gun evidence confirming what has always been pretty obvious to anyone with their eyes open: the entirety of the “Hunter Biden scandal,” to the degree that it has anything to do with President Biden or Ukraine, is the product of a disinformation campaign run by Russian intelligence. What’s more, to whatever extent the younger Biden might be guilty of tax crimes or other wrongdoing tied to his multi-year drug binge, the fact that those issues came to light is highly, highly likely to be the work of Russian intelligence or those working on their behalf.
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For weeks political observers have been having fun with Donald Trump’s decision to launch if not a hostile then what we might call an abusive takeover of the RNC. Of course, one might ask what was left to take over exactly. Since the day before his inauguration in 2017 the RNC has been under the management of Trump’s pliable toady Ronna McDaniel (née Romney McDaniel) who has served in that role for the unheard of span of seven years. But that was clearly not a tight enough bond to the Trump family. Trump wants to replace McDaniel with his daughter-in-law Lara Trump, who has become an increasingly visible Trump political surrogate. Technically, it’s not just Lara Trump. They propose a kind of co-leadership with North Carolina GOP chair Michael Whatley and Lara Trump serving as cochairs. Presumably Whatley is there for the operational experience and management; Lara is there for the control. Trump campaign senior advisor Chris LaCivita will become the RNC’s COO.
Trump campaign sources tell pliant media outlets that this is to assure a “seamless operation,” uniting the campaign and the RNC. And there’s no arguing that point. They will become in effect the same organization. You can’t get more seamless than literally no seams. But I think we should not underestimate the odds that the takeover of the RNC is for reasons beyond the mere crony-fication of political institutions. Trump clearly needs the money. Certainly for legal expenses and quite possibly to pay legal judgements to the state of New York and E. Jean Carroll.
Read MoreAs I noted yesterday, the Alexander Smirnov news is either confirmation of what we already knew or else spurs a kind of mass outburst of incredulity about how it is we’re still as a country, as a media, as a national political conversation getting led around by the nose by these same transparent scams?
Let’s stipulate that these are rhetorical questions.
But let me note a tendency I’m already seeing in a lot of coverage. House Republicans seems surprisingly candid that their holy grail of Biden impeachment isn’t going to happen. Quite a few press reports are taking a different tack. Some are playing this as “the Smirnov news may undermine the whole Biden investigation.” (Who’s gonna tell ’em?) To others it’s like a hot start up that failed. It just didn’t pan out. Oh well.
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