Diagnosis of the US Media: Terminal Cancer

Good piece here.

I think at this point, the left and the right, and even whacked-out conspiracy-theorists like me can agree on one thing: the mainstream media sucks.

Maybe this is what extremists of all stripes ALWAYS say, but it does seem as though the mainstream media is losing major credibility every day, and that can only mean lost money. The internet of course helps the polarization, and it seems to me the big losers are the big-name media outlets such as the NYTimes, the WaPo, CBS, NBC etc. More and more people I think will choose what news they want from specialized web-sites, and these will feed off news services, rather than big name papers and journalists. So perhaps this all will lead to an increased democratization of the media business, and that is a good thing. Some people will no doubt complain that the media will become less professional, but the fact is, the professionals are BLOWING IT.