The American Newspaper at a Crossroads
The nation has serious problems. It needs a great civic conversation, and to fuel that conversation it needs the kind of reporting and analysis that newspapers, with their firepower and traditions and reach, are still the most capable of providing, despite a cornucopia of new media, according to the Columbia Journalism Review.
"If the civic argument doesn’t persuade, however, let’s consider economics, because the glide path that so many owners are on simply won’t yield today’s profit numbers once there is nothing left to cut. Then everybody - journalists, readers, and, yes, even stockholders will be the poorer."