Print journalism can pack a large amount of information into a small amount of time and space. Persons can read much more information in five minutes than can be narrated in five minutes. That’s why half an hour with a good newspaper or news magazine gives us a much greater return on investment and much more depth of information than half a day of news broadcasts.
No solutions here. Wish I had ’em, but I don’t.
Clay Shirky in the Guardian (emphasis added):
The newspaper people often note that newspapers benefit society as a whole. This is true, but irrelevant to the problem at hand; “You’re gonna miss us when we’re gone!” has never been much of a business model. So who covers all that news if some significant fraction of the currently employed newspaper people lose their jobs?
Society doesn’t need newspapers. What we need is journalism. For a century, the imperatives to strengthen journalism and to strengthen newspapers have been so tightly wound as to be indistinguishable. That’s been a fine accident to have, but when that accident stops, as it is stopping before our eyes, we’re going to need lots of other ways to strengthen journalism instead.