From the Milken Conference, The Future of Journalism: Who’s going to Report the News?
Newsrooms across the nation are struggling, slashing budgets as fast as they are cutting reporters and news editors. In this technological age, are newspapers fast becoming a dying breed? Will we soon be telling our children, with a nostalgic gleam in our eye, about the feel and crinkle of a newspaper and how it used to be thrown on our front porch or purchased at newsstand? If the future is on-line, what happens to the major media institutions (the New York Times, Wall Street Journal, LA Times) we count on for reporting the news "objectively" and more importantly for investigative journalism they provide? If they can't devise a way to profit from the new medium, what happens to the future of journalism? Who replaces the 4th branch of government and takes on the role of watchdog, if not the press? Do we need trained professionals or will the marketplace of ideas and opinions (now found on blogs) be enough to keep our democracy safe?
Arianna Huffington, Co-Founder and Editor-in-Chief, The Huffington Post
Bill Keller, Executive Editor, The New York Times
Vivian Schiller, president & CEO of National Public Radio