6. Blogs as Newsrooms
Newspapers are in trouble. At a May 2006 Berkshire Hathaway shareholder meeting, company chairman and financial seer Warren Buffett declared, “Certain newspaper executives are going out and investing in other newspapers. I don’t see it. It’s hard to make money buying a business that’s in permanent decline. If anything, the decline is accelerating.”
Television news is witnessing its own decline. The Project for Excellence in Journalism (stateofthenewsmedia.org) reports that while American network news programs remain profitable, evening news ratings have fallen 59 percent since their peak three decades ago, and the average age for evening news audience members is nearly 60 years old.
Where are younger folks getting their ...