From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
I am amazed that the FTC would care about the plight of the Newspapers. Just from my own history, the journalistic outlets themselves shape their own history. Fifteen years ago, I read my local newspaper as well as the New York Times and the Washington Post on the weekends. In addition, I consumed Newsweek, the Economists and Business Week on a regular basis. Along came CNN and I watched CNN until the First Gulf War when I felt their reporting was bias (in fact Ted Turner admitted he founded CNN with a very liberal bias). About the same time, I dropped reading the New York Times due in large part to their editorial policy. Then, MSNBC and CNBC were born and I shifted my viewing to those outlets until 2008. The obviously bias reporting (or journalism as you may call it) drove me from the NBC outlets. Also caught in the bias swirl were my local newspaper, Newsweek, Business Week and the Economist all of which I ceased to support. Now I have migrated to Fox News and, for the first time in my life, I am recording a number of news and opinion shows. In addition, I scan a number of web sites daily which serve as my news sources and pay for some of the premium services were it makes sense. Thus, why do I care if the newspapers are losing support because they do not reflect the markets they serve? More importantly, why should the FTC care? The rules of the market prevail. Sorry that bias, out of pace “journalism” does not a business make.