Diane Mermigas

Diane Mermigas
Contributor since: 2008
Company: Mermigas on Media
The race is on! Thanks for sharing.
Fair point. Thanks.
I sure hope you are right for those of us with this modus operandi!
Sadly, you speak the Truth...thanks for sharing.
The fate of "news" too often is treated as a subset of the radical challenges confronting media and Internet companies. Yet, there is no transformation that will have a more profound impact on assuring an informed electorate. The world of information and insight to which I have devoted my career deserves a thoughtful and purposeful revolution shaped by vision as much as circumstance. Like other industries, such as the autos, the news business now is paying the price for resistance to change. Without profitable new business models that fully embrace interactivity, I fear the future (for now) is a whole lot of headline aggregation from the same handful of uninspired sources....don't get me started!
On Apr 06 04:59 PM Mad Hedge Fund Trader wrote:
> Here's another angle. I bumped into Jim Lehrer last night, the legendary
> anchor of “The News Hour With Jim Lehrer” on PBS, as he breezed through
> the San Francisco Bay Area promoting his 22nd novel, “Oh, Johnny”.
> The ex-Marine, who’s first big story was covering the Kennedy assassination
> in Dallas, had some cogent observations on the current demise of
> the US newspaper industry. Print media have traditionally been the
> originators of the news, the guys who went to the city council meeting
> and took copious, accurate, notes. For this, the paper got full page
> ads from the local car dealers and every other retail business. Now
> the car dealers are going under. The proliferation of new media,
> from radio to TV, the Internet, and smart phones means that the monetization
> of this content has moved downstream to be reaped by others. Talk
> radio, weekend news programs, comedy shows, even congressional debates,
> and yes, blogs (guilty), are feeding off of this news fount for free.
> The originating newspaper maybe gets a penny of each dollar of revenue
> spawned by their stories. Newspapers now have no choice but to cut
> costs by firing journalists and moving online. Thomas Jefferson said
> that “an informed electorate is essential for a democracy”. The big
> question is, when all the journalists are gone, where will the news
> come from? I have suspected all along that Truth, Accuracy, and Neutrality
> will be the big casualties of all of this. They will go the way of
> the full service gas station, free check in luggage on airlines,
> and home delivery of newspapers by teenage boys on bicycles.