Viacom (MTV, Paramount, etc) Earnings Dive 69% (Dinosaur Media DeathWatch™)

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003941043
‘Milwaukee Journal Sentinel’ Parent Swings to Q4 Loss on Big Goodwill Write-down

21 posted on 02/12/2009 9:09:57 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

To: abb; conservatism_IS_compassion; LS

Allow me to comment on Jennifer Harper's take away from a recent PEJ study of big journalism's waning presence in DC.

The researchers theorized that it was a shift in the "balance of information," away from heartland America and into the proverbial marble halls of power.

It seems just the opposite to me. The disintegration of Franklin Roosevelt's monolithic propaganda infrastructure ought to favor Republicanism with a return of political power to state party structures.

PEJ enumerates several fears in its study.

As New York Times Washington Bureau Chief Dean Baquet put it, "It concentrates knowledge in the hands of those who want to influence votes. It means [for example] the lobbyist knows more about Senator [Richard] Shelby than the people of Alabama. That’s not good for democracy." ...

Among the findings:

A significant decline in the reporting power of mainstream media.
The decline in mainstream press has been nearly matched by a sharp growth among more narrowly focused special interest or niche media.
A marked jump in foreign media now represented in Washington.

PEJ betrays its own big journalism blinders by failing to acknowledge new media's ascendancy in holding the politically powerful accountable.

22 posted on 02/12/2009 10:02:00 AM PST by Milhous (Do unto others as you would have others do unto you.)

http://poynter.org/forum/?id=32365
“CHARLIE ROSE” PANEL DISCUSSES THE FUTURE OF NEWSPAPERS/FEB. 11

23 posted on 02/12/2009 10:36:18 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

“Sacramento Bee management warns: “mass layoffs” a possiblity at the Bee beginning in March”

Whoo hoo!!!

KOVR “McClatchy Bee” Sign-Off
http://www.youtube.com/watch?v=RNgecUK3SJA

24 posted on 02/12/2009 12:19:19 PM PST by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)

NY Times stock at $4.16..down 17 cents..could break $4 today or tomorrow..

25 posted on 02/12/2009 12:28:38 PM PST by ken5050 (Don't blame me, I voted for Palin!!)

26 posted on 02/12/2009 1:07:07 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

http://www.chicagobusiness.com/cgi-bin/news.pl?id=32995
Chicago Tribune trims newsroom staff

27 posted on 02/12/2009 1:12:39 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

28 posted on 02/12/2009 2:57:23 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

29 posted on 02/12/2009 3:45:41 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)

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