5 June 2016 By Marius Dragomir
The news media industry has been faced with a profound crisis for more than a decade now, and peoples' dwindling trust in journalists has much to do with it.
May was a nightmarish month for the 500 staff of Mega, the oldest privately owned channel in Greece, as the station was faced with closure following mounting debts, mostly to banks. In the end, the three families that control the channel - Psiharis, Bobolas and Vardinogiannis - agreed to increase Mega’s capital to save the channel from bankruptcy.
But the Mega crisis is illustrative of a much bigger problem that Greek journalism has been facing for years: the collusion between media and politics. Most of the country’s mainstream media was established by businessmen merely as PR channels for their other companies. Politicians don’t touch them as they enjoy the positive coverage; and owners fund the media through profits made in other companies.
It doesn’t come as a surprise, then, to see Greece at the bottom of the heap when it comes to trust in news organizations and journalists. Only one in five trust the news in Greece and a paltry 11% trust journalists, according to a survey run in 26 countries worldwide by the Reuters Institute for the Study of Journalism (RISJ).
Greece is not alone. Journalism has a growing trust problem in many other places.