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Old Media is Failing. What Hope the New Media?

SkiifGeek (702936) writes | more than 5 years ago

Communications 0

SkiifGeek writes "The publishers of the LA Times and the Chicago Tribune, and the Chicago Sun-Times have filed for bankruptcy protection within four months of each other. In addition to the big name newspapers, each also controlled a host of smaller television networks and regional newspapers that are facing an uncertain future. Also in that timeframe, the Rocky Mountain News has completely closed down, and the Seattle Post-Intelligencer has abandoned print editions completely.

With Microsoft's recent move to close down Encarta, and purely online media outlets cutting back on staff (freelancers and contractors being the first to get cut), what do we face in terms of information collation and dissemination in the future? Each of the listed cases happened for a different reason, but the economic crisis was the catalyst that pushed them all over the edge.

Are we headed for a dystopian future, or something better?"

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