Media Deathwatch [1]
Submitted by Sheldon Rampton [2] on
The CBS [3] television network is discussing "a deal to outsource some of its news-gathering operations to CNN [4]," reports Tim Arango. (The network denies the report [5].) The discussions reflect "a strategic shift in the face of changing market forces by the network that is widely credited as having invented television news. ... While broadcast television as a medium is in decline because new platforms -- the Internet, mobile devices -- are fragmenting audiences, the problems at CBS News are more acute. While overall evening news viewership across the three networks declined 5 percent last year, CBS’s fell 13 percent." But newspapers are feeling even more heat, according to Eric Alterman. "Independent, publicly traded American newspapers have lost forty-two per cent of their market value [6] in the past three years," he writes. "Most managers in the industry have reacted to the collapse of their business model with a spiral of budget cuts, bureau closings, buyouts, layoffs, and reductions in page size and column inches. Since 1990, a quarter of all American newspaper jobs have disappeared." Alterman worries that the decline of traditional media and the rise of citizen journalism [7] are creating "a fractured, chaotic world of news, characterized by superior community conversation but a decidedly diminished level of first-rate journalism." (Meanwhile, work for internet journalists has become so demanding that the New York Times says it may be killing them [8].)