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Date: 2018-05-04

PACIFIC: The new CNNMoney newsletter about the center of change and innovation

In 1976, The New Yorker published a cover illustration by Saul Steinberg called “View of the World from 9th Avenue.” The cover was meant to parody the self-obsession of Manhattanites. The island’s west side occupies half of the illustration. In the distance are a smattering of indistinguishable American cities and states. Los Angeles is barely visible; San Francisco and Seattle aren’t on the map. Beyond is the vast Pacific, with Asia on the horizon.

More than four decades later, the American news media still has that worldview. Nearly all the top news organizations are based in New York or Washington. They do cover the world — including Silicon Valley and Hollywood — but they prioritize the stories happening on their doorsteps.