Anyone catch last night's (13th june) special edition of Media Watch?
http://www.abc.net.au/mediawatch/transcripts/s4481060.htm
It went on about how revenue is down, for both print and online, particularly due to declining advertising revenue. Facebook largely to blame.
Experts concluded that people will only pay for specialised news going forward, and that the important public interest news, which is still popular, will need public or philanthropic funding.
Do you agree? Do you currently pay for any news or media and what form is it, specialist/general?
I myself realised a while ago that the traditional 'find out the highlights of what is going on' can be found for free and instantly, and started investing in reading magazines etc for in depth analysis, where Twitter and Facebook could not compete.
Also, is all of this necessarily a bad thing? Will traditional investigative journalism be replaced by algorithms that aggregate first hand accounts (including video) of events, taking away a layer of potential bias or the "chinese whispers" effect of repeating someone else's story? Could articles on sport, court proceedings etc be automated, leaving journos to persue more in depth, "magazine" type stories? How would you feel about more of the day to day public interest news being publicly funded?
Overall, what are your hopes and fears for the media in the next 20 years?
http://www.abc.net.au/mediawatch/transcripts/s4481060.htm
It went on about how revenue is down, for both print and online, particularly due to declining advertising revenue. Facebook largely to blame.
Experts concluded that people will only pay for specialised news going forward, and that the important public interest news, which is still popular, will need public or philanthropic funding.
Do you agree? Do you currently pay for any news or media and what form is it, specialist/general?
I myself realised a while ago that the traditional 'find out the highlights of what is going on' can be found for free and instantly, and started investing in reading magazines etc for in depth analysis, where Twitter and Facebook could not compete.
Also, is all of this necessarily a bad thing? Will traditional investigative journalism be replaced by algorithms that aggregate first hand accounts (including video) of events, taking away a layer of potential bias or the "chinese whispers" effect of repeating someone else's story? Could articles on sport, court proceedings etc be automated, leaving journos to persue more in depth, "magazine" type stories? How would you feel about more of the day to day public interest news being publicly funded?
Overall, what are your hopes and fears for the media in the next 20 years?