The Wrap
Filmmaker Michael Moore accused American newspapers of “slitting their own throats” in a news conference in Toronto on Monday where he was promoting his new film, “Capitalism: A Love Story.”
It’s not the Internet that has killed newspapers, the gadfly documentarian said in a four-minute detour from talking about his film, which rejects capitalism as “undemocratic.”
Instead, he said, it’s corporate greed. “These newspapers have slit their own throats,” he said. “Good riddance.”
Moore said that newspapers, bought up by corporations in the last generation, have pursued profits at the expense of news gathering. By basing their businesses on advertising over circulation, newspaper owners have neglected their true economic base and core constituency, he said. More…