Jacobin | R Schemidt/AFP/Getty
Singer said one of the reasons corporate media likely isn’t properly reporting on price hikes is that reporters are being fed press releases or statements from industry spokespeople and not properly interrogating the information. As the number of reporters has declined over the past few decades, the number of public relations specialists has exploded. In 2023, there were more than 308,000 PR specialists nationwide, compared to just 49,800 reporters, according to government data.