From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
One thing is for sure, print journalism is dying and will be dead within a generation. This is from a diehard newspaper and magazine reader. The business model cannot be sustained any more than that of the Smith Corona typewriter. Newsweek will soon be unloaded by its parent company only if substantial funds are given to the acquiring entity. How in the world will The New York Times survive for long under such debt? It's one thing to spend time and money on the auto industry which produces a product that will be in demand for the foreseeable future, but print journalism is going the way of the dinosaur. That being said, we must find a way to produce up-to-the-minute news gathering for the masses that is complete, truthful and inexpensive / available to everyone. Multiple sources with significant resources are needed to provide a thorough, immediate picture of events - that is why cable TV news, internet blogs, etc. are gradually replacing print journalism as most peoples' source of news. My fear is that a well-rounded and thorough presentation of events will soon be lost to partial snipits which provide a slanted view of the news. How does one regulate the airwaves and internet in a neutral and responsible manner? That's the main issue. Subsidies and bailouts will not work, especially considering our bleak economic future.