By Dan Kennedy • The press, politics, technology, culture and other passions

Tag: McKay Coppins

Mitt Romney’s horrifying tale shows why the future of democracy is so uncertain

Mitt Romney, right, with then-Arizona Gov. Doug Ducey. Photo (cc) 2018 by Gage Skidmore.

I read The Atlantic’s excerpt from McKay Coppins’ new Mitt Romney biography on the train ride home Friday. It delivers the goods. I’ve never been a Romney fan, but I appreciate his willingness to stand up to Donald Trump and Trumpism when it really mattered.

I was also struck that, after Romney became an outcast within his own party, he preferred to work with conspiracy-minded loons like Sen. Ron Johnson over the hypocrites who defended Trump in public while sidling up to Romney in private to tell him they would love to denounce Trump, too, but they just couldn’t. (“There are worse things than losing an election,” Romney would tell them. “Take it from somebody who knows.”)

What is chilling, though, is that, as Romney tells it, Republicans who once indulged Trump in order to advance their own political ambitions later had a different, more elemental reason for defending Trump in public: they were afraid they and their families would be killed by Trump’s deranged supporters, whipped up into a fury by the maximum leader himself. Coppins writes:

Some of the reluctance to hold Trump accountable was a function of the same old perverse political incentives — elected Republicans feared a political backlash from their base. But after January 6, a new, more existential brand of cowardice had emerged. One Republican congressman confided to Romney that he wanted to vote for Trump’s second impeachment, but chose not to out of fear for his family’s safety. The congressman reasoned that Trump would be impeached by House Democrats with or without him — why put his wife and children at risk if it wouldn’t change the outcome? Later, during the Senate trial, Romney heard the same calculation while talking with a small group of Republican colleagues. When one senator, a member of leadership, said he was leaning toward voting to convict, the others urged him to reconsider. You can’t do that, Romney recalled someone saying. Think of your personal safety, said another. Think of your children. The senator eventually decided they were right.

Romney was paying $5,000 for security, and he understood that many of his colleagues couldn’t afford that. But this is horrifying, and it shows the near-impossibility of breaking up the Trump-Republican alliance. Moreover, it’s how we move from democracy to authoritarianism to fascism. As New York Times columnist David Brooks put it Friday on the “PBS NewsHour”: “There are members who were going to vote to convict on impeachment, but were afraid that they or their families might get assassinated, and they knew their vote wouldn’t make a difference. We are way beyond the bounds of normal democratic governance, when that’s even on the minds of members of Congress.”

My fear is that Joe Biden’s presidency represents little more than an uneasy interregnum between Trump and whatever’s next. If Biden can win re-election, maybe that will give us four more years for passions on the extreme right — now a majority of the Republican Party — to cool off. From where we are standing today, though, I don’t see much chance of that happening.

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An elegant, comprehensive takedown of how Alden pillages local newspapers

Illustration by Thomas Nast

Among those of us who have obsessively followed Alden Global Capital’s destruction of newspapers over the years, there was very little that was new in McKay Coppins’ 7,000-word magnum opus that The Atlantic published this week. Still, Coppins is a gifted writer, and he’s pulled together the full story in a manner that is both elegant and comprehensive.

The arc of Coppins’ narrative is familiar. Alden, a hedge fund, got into the newspaper business about a decade ago. At first, Alden indulged the chief executive it inherited from one of the chains it acquired, John Paton, and then turned on him when he wasn’t willing to go along with the drastic cost-cutting they insisted on. I imagine Alden co-founder Heath Freeman was initially impressed with the blunt, profane Paton, who was not averse to slashing expenses to align them with revenues. The problem was that Paton actually cared about journalism and was not on board with Freeman’s insistence on endless rounds of cuts in order to enrich himself and the other co-founder, Randall Smith.

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One fact I hadn’t known previously is that Randall Smith, secretive and a generation or so older than Freeman, is the brother of Russ Smith, founder of the now-defunct New York Press. Russ also founded the Baltimore City Paper, the Washington City Paper and now runs the website Splice Today.

The New York Press was a big deal in the 1990s, as Coppins notes, publishing 10,000-word columns by Smith that attacked the elite media establishment. Smith also once published a lengthy takedown of The Boston Phoenix by another writer that infuriated all of us. I wish I still had a copy. No complaints by me about Smith, though — he wrote a favorable review of my first book for The Wall Street Journal, and I enjoy bantering with him on Twitter about music and baseball.

But back to our story. Coppins’ description of Freeman, the more active and public of the two partners in running Alden’s newspapers, is priceless:

People who know him described Freeman — with his shellacked curls, perma-stubble, and omnipresent smirk — as the archetypal Wall Street frat boy. “If you went into a lab to create the perfect bro, Heath would be that creation,” says one former executive at an Alden-owned company, who, like others in this story, requested anonymity to speak candidly. Freeman would show up at business meetings straight from the gym, clad in athleisure, the executive recalled, and would find excuses to invoke his college-football heroics, saying things like “When I played football at Duke, I learned some lessons about leadership.” (Freeman was a walk-on placekicker on a team that won no games the year he played.)

And Coppins’ description of Alden’s business model is right on target:

What threatens local newspapers now is not just digital disruption or abstract market forces. They’re being targeted by investors who have figured out how to get rich by strip-mining local-news outfits. The model is simple: Gut the staff, sell the real estate, jack up subscription prices, and wring as much cash as possible out of the enterprise until eventually enough readers cancel their subscriptions that the paper folds, or is reduced to a desiccated husk of its former self….

Alden’s calculus was simple. Even in a declining industry, the newspapers still generated hundreds of millions of dollars in annual revenues; many of them were turning profits. For Freeman and his investors to come out ahead, they didn’t need to worry about the long-term health of the assets—they just needed to maximize profits as quickly as possible.

Where I have a bit of a problem with Coppins is that though he credits some of the earlier reporting he relies on, he’s haphazard about it. I winced at his sole reference to Julie Reynolds, whom he quotes indirectly a single time and identifies only as a former reporter for the Monterey Herald in California. In fact, since leaving the paper Reynolds has been indefatigable in reporting on Alden. It was because of her 2017 cover story for The Nation, for instance, that we know Randall Smith used his ill-gotten newspaper gains to buy 16 mansions in Palm Beach, Florida. Just recently she reported for Nieman Lab that Alden’s acquisition of Tribune Publishing was tainted by dubious gamesmanship of the sort that should have prompted a do-over.

Then there’s the Baltimore hotel magnate Stewart Bainum, whose bid to buy Tribune fell short this past spring. In August, Rick Edmonds of Poynter reported that Bainum was launching a well-funded digital news nonprofit in order to compete with Alden’s Baltimore Sun. Coppins writes about that without giving any credit, and it’s being repeated in media circles as though it was his scoop.

But these are quibbles. Coppins is a gifted writer and has done a prodigious amount of reporting of his own.

Recently The Atlantic published an essay by Elaine Godfrey about the damage done to her hometown newspaper in Iowa by Gannett, the country’s largest newspaper chain. (Alden’s holdings come in second.)

The Atlantic deserves credit for using its prestige to focus on the local news crisis, and on the Wall Street greed that has transformed it into a catastrophe.

For five years, Trump outrage has fueled media profits. So now what?

Trump supporter in North Carolina last September. Photo (cc) 2020 by Anthony Crider.

Previously published at GBH News.

Last Friday, The New York Times published the sort of story we’ve become quite familiar with — a blockbuster about Donald Trump. Times reporter Katie Benner revealed that, during Trump’s final days as president, he’d considered removing the acting attorney general as part of a plot to overturn the election results in Georgia.

For the past five years, such reporting has been very, very good for national news organizations. Trump outrage has provided elite newspapers, cable news stations and other prominent outlets with a jolt they hadn’t seen since the internet began eating away at their audience and revenue several decades earlier. But now it’s coming to an end.

The question is whether the Trump-era boost can outlast Trump.

In an interview with the public radio program “On The Media” over the weekend, co-host Brooke Gladstone asked McKay Coppins of The Atlantic — a news organization that has done especially well during the Trump years — if “Trump was good for the journalism business or bad?”

Coppins’ answer: “Well, from a bottom-line perspective, almost certainly good.”

The numbers tell quite a story. Consider The Times and The Washington Post, the two national newspapers that became most closely associated with covering the chaos and corruption of the Trump presidency. Between early 2017 and November 2020, The Times’ digital circulation grew from about 2 million to more than 7 million; 4.7 million are paying for the core news product, with the rest signed up for cheaper extras such as the crossword puzzle and the cooking app.

Growth has been equally impressive at The Post — from perhaps 100,000 to 200,000 in early 2016, according to an estimate by the newspaper industry analyst Ken Doctor, to 1 million at the end of 2017, to 3 million in November 2020, Axios reported.

Or consider cable news, which has experienced an enormous upsurge in audience throughout the Trump years. Figures compiled by Heidi Legg, a journalist and a research fellow at Harvard’s Institute for Quantitative Social Science, show that the combined prime-time audience of CNN, MSNBC and Fox News rose from about 3.1 million in 2015 to nearly 7.2 million in 2020, with the Trump-friendly Fox far ahead of the pack for most of that period.

In a similar vein, it’s instructive to look at what happened last February after NPR journalist Mary Louise Kelly conducted a contentious interview with Trump’s secretary of state, Mike Pompeo, who falsely claimed that Kelly had broken ground rules and angrily brought the proceedings to an abrupt end. The Post’s Erik Wemple reported that donations to NPR and member stations soared immediately afterward, though no numbers were available.

With Trump giving way to President Joe Biden, a far more low-key and disciplined politician, many journalists are breathing a massive sigh of relief as they contemplate returning to something like a normal life. But will audience and revenue resume the downward track they had been on for years before Trump demanded everyone’s unwavering attention?

There are reasons for hope. Following the November election, CNN — the highest quality of the three cable outlets, flawed though it is by the same talk-show mentality as its competitors — moved solidly into first place following years of ratings dominance by Fox News. And there are signs that it may stay there.

As CNN media reporter Brian Stelter wrote in his “Reliable Sources” newsletter, only a portion of the Fox audience has gravitated to the even Trumpier outlets Newsmax and OANN. More have given up on cable news altogether, most likely shifting to entertainment programming. If a larger share of the viewing public is watching CNN and its liberal counterpart, MSNBC, then that’s a boost for factual information.

Moreover, when Trump was running for president in 2015 and 2016, the public was still getting used to the idea that everything on the internet wasn’t free. Five years later, we are becoming accustomed to paying not just for news but for video services like Netflix and music apps like Spotify. Even with Biden slowing down the metabolism of the news cycle, media habits developed during the Trump years may be ingrained at this point. And it’s not as though there’s a shortage of crises to stay informed about, from COVID-19 and the economy to racial justice and the aftermath of the Jan. 6 Trumpist insurrection.

One last point: The Trump era may have been good for the business of journalism, at least on the national level (the local news crisis grows worse and worse). But it may not have been so good for the practice of journalism. In his interview with Brooke Gladstone, McKay Coppins spoke ruefully about how easy it was for reporters like him to gain a national following simply by trashing Trump.

“How do we move forward when you don’t have a president who’s shattering norms and breaking precedent and doing outlandish things every day?,” he asked, adding: “It’s really important that we not have our business models depend on that being the case. Because if they are, all of us are going to be pushed to insert artificial drama into every story we do, and that’s not good for anyone.”

The real story in Washington is dramatic enough. A Democratic president with razor-thin margins in Congress will attempt to govern while many of the most prominent members of the Republican opposition appear to favor authoritarianism over democracy — and who, like Sen. Rand Paul, R-Ky., continue to spout lies about election fraud. Trump aside, we may be moving through the country’s most dangerous moment since the Civil War.

That ought to be enough to hold anyone’s interest — and to keep the revenues flowing so that we can pay for the journalism that we need.

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