Doc Searls observes that we're entering a new age of journalism, the era of post-largesse. The family compacts that ushered in large media are gradually removing themselves, or being removed, from the business.

And, because those families had a commitment to the public mission of journalism, that leaves the craft in the hands potentially with those who don't.

 


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Erik Rolfsen link
01/26/2009 19:35

Kirk, I'd say the 'new era' began at least 25 years ago when Wall Street discovered the huge profit margins in newspapers and began viewing them as primarily a money-making venture. Searle is right, but a couple of decades late.

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Kirk LaPointe link
01/26/2009 21:24

Erik:

I'd trace it back, too, to the days of public trading. When newspapers could be blithe about quarterly results or analyst calls, they could be different.

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