From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
Times change and so do business practices. In America, we do not bail out businesses that fail to foresee changes and change with the times. They GO UNDER, as any competitive venture must if it refuses to respond to change. It is THEIR responsibility if they want to stay in business. That is how Americans have been able to set--and keep--the standard for excellence in so many areas of real production in the world of commerce. If the traditional media did not choose to heed and adapt to the changing landscape of American journalism, as all American professionals worthy of the name must do in their individual fields, they do not deserve the priviledge of continuing. Actually, having rejected the fundamental rule of survival in business--keep your R&D team current--they have shown themselves unfit. If they can make the case for the value of their product, let them do it--in the free market, the REAL test of value. Propping up businesses, actually people, who ignore facts is not the way we have produced a standard of living which is the envy of the world. Let them fall or stand on their own merit--and by their own choice--the AMERICAN way.