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, how did The New York Times rise to the top of the bleeding news business? 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. OTM correspondent Micah Loewinger [@MicahLoewinger] examines why The New York Times is expanding, and thriving, even amongst record layoffs at other media outlets. Listen.

3. OTM correspondent 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.

On the Media is supported by listeners like you. Support OTM by donating today (https://pledge.wnyc.org/support/otm). Follow our show on Instagram, Bluesky, TikTok and Facebook @onthemedia, and share your thoughts with us by emailing [email protected].

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.