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The diagnosis is not new: the European media is a shadow of its former self. Confronted with declining ad revenues and a shifting market, the press, TV, and radio have gone through closings, massive layoffs and a general feeling of lost relevance. Buyout after buyout, economic interests have preyed on the industry to create a more docile watchdog, while politicians happily watched the fourth power erode.
In short: the heyday of European media is gone. Does that mean it cannot reinvent itself? Across Europe, new types of journalism emerge: are citizen journalism and online publications the next big thing? And are these models strong enough to fulfil the essential role of the media in democratic societies?
The media in Europe is the first theme of Joining the dots, a new Can Europe make it? feature that connects national phenomena to unveil European trends.