From the brief: "A new report published today by the Reuters Institute, shows
that even after more than a decade of often dramatic turmoil in the media
sector, we are only at the beginning of a longer transitional period….. In the
absence of major business innovations, the commercial underpinnings of
professional journalism continue to erode in most of the Western world as “old
media” decline or move away from news and very few online-only new media
companies have found sustainable models for news production. While new digital
platforms have created exciting new opportunities for socializing, information
sharing, and search, it is not clear that they provide a hospitable environment
for professional journalism." Read more
