Hypergene MediaBlog » Nieman Reports: The Future Is Here, But Do News Media Companies See It?
So far they have weathered storms of significant social, economic and technological change by figuring out how to transform themselves and what they produce. The creation of the telegraph, for example, had doomsayers frothing, but instead newspapers turned a disruptive technology into a tool for better reporting.
During periods of massive change, the death of the newspapers has always been greatly exaggerated. So, given the industry’s survival skills, why worry now? One reason might be that the burst of the dot-com bubble during the late 90s made many think they had overestimated the impact of the Internet. But in retrospect, the news media might have completely underestimated the influence of this new medium.
Ah, but I bet talented and dedicated sysadmins can help a great deal!
I think this new medium's influence is in danger from an overload of comment spam. :p