In this episode of the Moynihan Report, host Michael Moynihan and media critic Steve Krakauer analyze the rapidly changing media landscape, beginning with Donald Trump's "enormous achievement" regarding a hostage release and the media's unified pushback against new restrictive Pentagon guidelines for journalists. The conversation's core focuses on a lengthy critique of John Oliver's on-air attack against Barry Weiss for taking over CBS News, which they frame as a symptom of legacy media's fear of ideological diversity and professional jealousy. This serves as a jumping-off point to discuss the broader decline of what they call "crusty old legacy dinosaur" institutions, arguing that their gatekeepers are "no longer powerful". They contrast the fading relevance of late-night television with the rise of independent podcasters and creators, exploring whether these new media figures are more authentic or simply victims of "audience capture". Ultimately, they conclude that the old broadcast model is "done" and the future belongs to smaller, decentralized networks built around individual personalities with a direct connection to their audience.

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(00:00:00) Introduction

(00:03:55) The Pentagon's War on Media

(00:08:34) John Oliver's Attack on Barry Weiss

(00:14:40) Is Legacy Media (CBS) Dead?

(00:25:04) Oliver Slams Peterson & Shapiro

(00:33:20) What Happened to Don Lemon?

(00:41:23) Is Tucker Carlson Audience Capture?

(00:49:51) The Fall of Media Gatekeepers

(00:59:39) Will Substack & Podcasts Take Over?

(1:04:38) Final Thoughts

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