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News: As You Like It

12/10/2008

With the rampant collapse of US newspapers (Tribune bankruptcy, most Cox papers for sale, Rocky Mountain News to stop the presses if it doesn’t find a buyer)…and the impending downsizing of local TV journalists coming in December and January, it’s fair to ask what this means to your appetite for news.

Most news originates at newspapers, since they employ the most reporters. But with 30,000 media job cuts in 2008, you’re going to see continued decline of dailies and local TV news operations…and the emergence of hyperlocal press (your neighborhood newspaper and the accompanying Web site)…and more outlets that cater to liberal or conservative viewpoints.

This is the way the British press has operated for years: we may even see growth of the (lowest common denominator) tabloid format, also popular in Britain.

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