“The small-state media market is an example of market failure.” A finding about journalism funding in Austria could hardly be much worse. But it gets even worse: “Many media outlets have their backs to the abyss,” said media researcher Andy Kaltenbrunner to STANDARD. He prepared the 180-page study with the Vienna Media House; his client was Media Minister and Vice Chancellor Andreas Babler. Kaltenbrunner’s finding is the bad news.
