This year has seen record layoffs in the media industry, with some digital news giants closing down altogether. On this week’s On the Media, hear how The New York Times became a profitable powerhouse at a time when other outlets are struggling to survive. Plus, instead of reaching for top profits, some new publications have opted for a humbler mission: survival.

1. Ben Smith [@semaforben], editor-in-chief and co-founder of Semafor, on what went wrong for BuzzFeed News, and why digital media is splintering. Listen.

2. Micah Loewinger [@MicahLoewinger] examines why The New York Times is expanding, and thriving, even amongst record layoffs at other media outlets. Listen.

3. Micah Loewinger [@MicahLoewinger] takes a look at a growing cohort of new outlets around the US trying to wrestle journalism away from big capital through a co-operative business model. Listen.

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