The general consensus here is that journalism is not dying quite yet; it is just reinventing itself.
The problem is not so much that people have stopped reading news (indeed newspapers such as the New York Times have increased circulation both online and in print) but that advertising revenue is falling as classifieds and ads move online. A new economic infrastructure needs to be invented to support the struggling industry, but while newspapers may be in trouble, good journalism is as much in demand as ever. A New Yorker piece will always be in demand.
I am reassured to hear of this, studying as I am in America (Columbia J-School) and as a person who would like to work in this country for a few years before going elsewhere.
This morning, a professor pointed out the evolution of mass communication from Homer’s times to today. In the initial years, progress in medium was slow in coming with thousand year gaps in between. For example the invention of the papyrus in Egypt could only be put to use thousands of years later when the Greek alphabet came into being. But from the 20th century onwards, the gaps have closed in to tens of years and more recently to two to five years.
Today, although the fundamentals, i.e. the concept of journalism, is much in demand, a shift in medium towards New Media means that we are moving from papyrus to paper in a new way. We just need to figure out the new economic and distribution models that will make the switch successful.
And to line the pockets of journalists with green…

