From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
The distribution of news is no different from any other consumer product put out on the market. If the product is deemed to be of high quality at a competitive price the product will sell. Both the manufacture and buyer will feel good about the sale and purchase and both will continue to do business with each other as long as that relationship is maintained. But when a manufacturer of a product begins to think that they know what product the consumer really needs without listening to what the consumer wants the manufacture of a product will soon find out who is really in charge. News organizations have been on a continual slide in the direction of making news instead of reporting the news. News organizations focus on one side of an issue, manufacture issues/stories, fail to research a story before plastering a "Breaking News Story", do not ask pertinent questions to a story and do not employ smart enough or wise enough people to ask the obvious questions the the consumer really wants answered. The market is very effective in weeding out the manufactures that do not provide a product the consumer wants. In this case if an organization does not provide journalism in a fair manner or do a good job providing content that is comprehensize and accurate that organization should be put out of business. Additionally if there is too many organizations providing journalistic content to too few consumers only the best ones should survive. Eventually an equilibrium will prevail and journalism will survive and thrive. Any interference in market forces continues to maintain poor performers and drags down the entire quality of the industry. In summary, letting the collective power of the consumer to decide where to spend their time and money will provide a much more healthy journalism industry than any government agency can regulate.