“For more than 100 years journalism has been sustained by this virtuous circle in which the audience paid for their news, and the advertiser paid to reach that audience, and the publisher made a profit and paid his journalists and the society benefited into the bargain,” said Michael Oreskes, executive editor of the International Herald Tribune.
“That whole circle breaks down on the internet. This requires wildly creative thinking on the part of media companies to preserve the base of support that’s created quality journalism for all these years.
“And that’s a subject that the whole of society needs to be interested in and not just those whose livelihood depends on it.” —Papers battle online news sites (BBC)
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