Monday, February 2, 2009

Bill Keller predicts that the law of supply and demand will kick in

The New York Times' Bill Keller sees a declining supply of quality journalism even as the demand for it increases and predicts that the logic of the marketplace will eventually mean that a way will be found for the market to pay for it.

http://www.nytimes.com/2009/01/30/business/media/02askthetimes.html?hp=&pagewanted=all

I agree, although that does not necessarily mean that newspapers will benefit. It's at least as likely some new business model created by new companies will crack the code and find out how to make reporting profitable.

While I think print newspapers are doomed, I don't think journalism is.

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