“What Is The Value Of News?”

sadcox
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From my buddy, Cup of Joe Powell who has worked in the news biz himself and knows a thing or three.

What role will the news biz take in the next decade? What does the public need and use from reporting?

Reporters have been poorly paid historically, and bloggers do much with zero pay, so is all profitability from reporting and publishing about to disappear? Will we see a rise in regional newspapers or perhaps more locally published weekly papers?

The profit base for livable wages for journalists is going to have to be discussed as is the direction of news consumption for the consumer.

Something to think about. I will add that I do believe niche websites will see changes and possible growth in the upcoming two quarters.

I’m calling it.

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