TPM founder Josh Marshall sits down with independent media veteran and Gawker co-founder Elizabeth Spiers to take stock of the smouldering ruins we used to know as news media. They discuss how Peter Thiel’s Gawker lawsuit introduced new liabilities for independent media companies, why corporate media is more likely to capitulate to Trump than independent outlets, how billionaire-funding gives right-wing media an asynchronous advantage, and why reader-supported media leads to a better media landscape. Coincidentally, Josh also explains that TPM is in the middle of its annual membership drive and would love to have your support!

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