Old media vs. New media
Ars Technica writes very well in an article about the decline of the newspaper industry and quotes Rupert Murdoch's probably historical speech. The Economist writes about it as well.
A couple of good points from the article:
- Top-tier bloggers themselves are better educated than top-tier newspaper columnists
- Commentary from trained specialists and insiders instead of professional outsiders (traditional jouralists)
- Audience, which is more media savvy is more interested in being treated as a peer by news sources
- Treating as peers by allowing posting comments in context and writing in a more personal, conversational tone
If you want to read about the classy journalist trips and how journalists sell their integrity in favor of corporate gifts, see A Sell-Out's Tale.