Peter and Joyce Long have a great set-up for keeping up with the “news”. They have satellite radio at home and in their vehicle set to BBC, the best mainstream news source in my opinion.
They have TIVO set to record BBC world service TV.
Excellent.
Yet I feel this traditional news reporting format will continue to decline. Fewer and fewer media competitors will spend less money covering even fewer stories.
American news coverage is particularly dismal.
What will replace it?
Interactive news services where readers vote, comment and even write the news. My service will include much more gymnastics and hiking content than most. It will be individualized to my interests.
The best known of these upstart news sources is Digg.com
But the best (though it includes mostly American content so far) is NewsVine.
I read an excellent story in the Sunday NY Times this past weekend about the effect that Joan Kroc’s legacy of $230 million has had on National Public Radio. The gist of the story is that almost all traditional news outlets (newspapers and TV news) are cutting way back because they just can’t afford it but that with this bequest NPR is now able to put correspondents all over the place. One result is a marked improvement in market share, though I can’t remember the number quoted. One adverse effect: Nina Tottenberg (NPR’s longtime legal correspondent) fears that people will feel that now they don’t need to donate: if so, NPR will run through the money in a big hurry. It’s hard to find a moral in here for the other traditional news sources though – “Wait for somebody to bequeath you a large sum” just doesn’t sound like a good business strategy.