Sunday, November 16, 2008

Maybe no paper, but still news

Rupert Murdoch writes:

TOO many journalists seem to take a perverse pleasure in ruminating on their pending demise. I know industries that are today facing stiff new competition from the internet: banks, retailers, phone companies and so on. But these sectors also see the internet as an extraordinary opportunity. But among our journalistic friends are some misguided cynics who are too busy writing their own obituary to be excited by the opportunity.

Self-pity is never pretty. And sometimes it even starts in journalism school, some of which are perpetuating the pessimism of their tribal elders. But I have a very different view.

Unlike the doom and gloomers, I believe that newspapers will reach new heights. In the 21st century, people are hungrier for information than ever. And they have more sources of information than ever.

Amid these many diverse and competing voices, readers want what they've always wanted: a source they can trust. That has always been the role of great newspapers in the past. And that role will make newspapers great in the future.

If you discuss the future with newspapermen, you will find that too many think that our business is only physical newspapers. I like the look and feel of newsprint as much as anyone. But our real business isn't printing on dead trees. It's giving our readers great journalism and great judgment.


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1 comment:

Anonymous said...

With all due respect, Rupert's lecture to the journalism community would be a lot more believable if the stock of his own media company had not lost 70 percent of its value in the past 12months.