The message: Even with everything new in media, what has been lost cannot be replaced.
Some of the initial points in the report:
1. Consumer behaviour has changed. Media business models are affected. Journalism will be influenced as a result.
2. New and old media are more tethered than they think. The former needs the latter to reach an audience.
3. News media are not shrinking, but reportorial work is.
4. Technology is shifting control to newsmakers, who are using it to influence early perceptions of events.
5. The rise of special interests online is going to force journalism to forge new relationships.
6. Traditional media continue to hold sway with audiences online, so cuts in their newsrooms have an impact on online content, too.
On newspapers, the report notes they aren't disappearing, but their ad declines are threatening to make them insubstantial. On online journalism, there is no business model and it difficult to see where one will emerge. On network television news, an erosion --- not a collapse --- in evening newscasts is occurring. On cable news, ideology is responsible for growth. On local TV news, all signs point downward. On magazines, it was a tough year. On ethnic media, it was a year of holding one's own.
In its early report on the volume, The New York Times focuses on the relative monogamy of news users. They tend to have a narrow selection of preferred sites to surf.
The report usually takes a few days to absorb. More to come.