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Sunday, August 5, 2007

Advertising Age - MediaWorks - Stand-Alone News Brands Are Doomed

Advertising Age - MediaWorks - Stand-Alone News Brands Are Doomed: "Stand-Alone News Brands Are Doomed
Now That News Corp. Has the Journal, the Once Center of Dow Jones Is Now a Cog in an Entertainment Empire

By Matthew Creamer

Published: August 06, 2007
Near the top of his blog, journalism critic and NYU professor Jay Rosen keeps a mission statement that's as useful as any for guiding today's pack of weary newshounds. 'We need,' he writes, 'to keep the press from being absorbed into The Media.' It's a lofty goal and definitely worth pursuing if you're a believer in a role of the reporter in maintaining democracy and checking the power of business. It's also doomed to failure, as evidenced by Rupert Murdoch's purchase of Dow Jones last week."

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