Paul T. Steiger is stepping down as managing editor of the Wall Street Journal. As part of his farewell, he recounts his experiences of the news industry over the past 40 years in a cover story,"Read All About It." In that article he tries to identify the obvious and not so obvious economic and technological forces that have changed the way news is gathered, distributed, paid for, and encountered by users (not necessarily readers). It is a landscape that we, as librarians, spend a considerable amount of energy trying to keep up with and ... orchestrate.
He ends by saying he is moving to head a new, not yet operating, enterprise named ProPublica; a news organization that is trying to both make-up for the loss of investigative reporting (fallout from staff cuts, which is fallout from advertising revenue, which is fallout from..) and anticipate the direction of an unpredictable industry; the future of which has profound implications to us all.
Thursday, January 3, 2008
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