Monday, May 18, 2009

Big Media Myopia: More Consolidation Won't Save Journalism

Some people have advances the sophistical argument that more consolidation will help the news business, because consolidation leads to richer owners, who can afford to make investments in the news outlets they have purchased. The only problem is - the more these owners are isolated from competitive pressures, the less likely they are to invest in improving the quality of the news media - whether it is broadcasting or newspaper.

This fact is glaringly demonstrated by the current crisis US newspaper business - the logical consequence of decades of breakneck consolidation with nary a thought given to the public good that the news media provide. So now - the industry is in crisis and Congress finally has woken up to the fact that the provision of even basic civic information is being threatened. The horse has left the barn.

What now? Your guess is as good as anyone's.

read more | digg story


Jessica said...

The beginning of Slate's downfall was when it was bought by WaPo. I agree -- instead of varied voices you get the same article reprinted in 10 outlets. Sad.

Anonymous said...

Really trustworthy blog. Please keep updating with great posts like this one. I have booked marked your site and am about to email it

to a few friends of mine that I know would enjoy reading..
sesli sohbet
sesli chat
sesli site
görünlütü sohbet
görüntülü chat
kameralı sohbet
kameralı chat
sesli sohbet siteleri
sesli chat siteleri
görüntülü sohbet siteleri
görüntülü chat siteleri
kameralı sohbet siteleri
canlı sohbet
sesli muhabbet
görüntülü muhabbet
kameralı muhabbet
sesli sex

Anonymous said...

Thank you for sharing a nice article.