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Isn't the problem here that the benefit is not directly visible? Same reason there is still no global agreement on a proceeding against global warming. There is no doubt that you need a functioning, diverse and independent press for a functioning democracy. So indirectly everyone (corporations as well) benefits from this institution.

In germany we have a couple public tv stations which are financed through a fee everyone owning a tv must pay, regardless if they watch those channels or not. They arent bound to a viewing quota, are independet from the government and have an educational mandate.

Well, at least in theory: In practice huge amounts of money are just wasted by a gigantic bureaucratic apparatus, politicians and the church have a saying in the content and the stuff shown is becoming more and more like the crap on private tv stations.

I think something like this could be a viable solutions. But implementing it, especially the algorithm which decides who gets how much is very hard if not impossible. To much attack surface for illegitimate interventions.

edit: typed that comment before I had time to view your link. great read. Never really thought about the "save newspapers vs save journalists vs save society" aspect.

You appear to be arguing that we should subsidize businesses for which the market rate for their product is virtually zero. The idea that what's in the interests of big media companies and their owners is somehow in the interests of the creative talent (think - do musicians outside a tiny number of stars have any negotiating position with record giants?) and that that is in turn somehow in the interests of society just doesn't follow for me. Every industry that fails makes the same argument - the public should pay to save us (and you are paying if as a Google customer you are forced to have your services restricted because Google has to pay to subsidize these failed businesses). But just as the piano sheet music industry was successfully replaced by the recording industry, new industries rise and replace old ones and meet the demands of the market. Just because we cannot see what that future is - because if we could we'd be building it and be billionaires doing so - doesn't mean it won't happen.

Twitter's coverage of the Arab Spring was better than any Western media in the early days... food for thought.

>Twitter's coverage of the Arab Spring was better than any Western media in the early days... food for thought.

I would disagree. First of all, my parents dont know how to use twitter. But lets say thats just a generational problem which will solve itself over time. There is still another issue:

The signal to noise ratio on twitter is very low. To get a good information on, lets say the arab spring, I have to spend quite some time digging through many tweets to distill the relevant information. A not dismissible overhead. And even if I managed to find out all relevant tweets and managed to form a coherent image from those splinters of information (which could be hard because I may be missing relevant background information) I still dont know if I based my model on legitimate sources. Regimes knows just as well which power lies in the social media and are eager to spread false information and propaganda.

Of course, false information is a problem also existent with classical journalism, but to a much lesser degree. They build their reputation as a reliable source of information (especially abroad in very intransparent situations like the arab spring) over many years with a network of trusted correspondents.

Thats something which is very difficult to replace with social news mechanisms.

Tell folks who read the NYT in the run up to the invasion of Iraq, or people who watch Fox News - or any of the US mainstream media - that the traditional media has less misinformation.

Good point. I didnt say they were free from misinformation. Just that I know I can trust eyewitness reports from international correspondents more than I can trust a random twitter account.

To tackle the problem you describe its important to encourage critical thinking and to not rely on one newssource. And we need investigative journalists. And whistleblower. And social media. And luck.

Its very hard to counter governmental lies on such a big scale.

I hear what you're saying. I don't necessarily disagree fundamentally, but I do think most of these arguments about the news media revolve around the myth of the noble scrappy reporter fighting for the truth and the gritty editor who backs him against interference from above, and the owner that pulls for them both to succeed. I think that Hollywood version just no linger exists if it ever did. Media companies and their owners care about generating profits and the power and influence they get from controlling the picture of reality try masses get. The people who work in them seldom represent their platonic ideal any better. Most will write whatever pays them the best or assists their move up the media food chain - watch them abandon all pretense of principle when they get the TV gig!

> 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.

In case you collect logical fallacies, this is a wonderful example of "Argument from adverse consequences":

A

But A leads to B, and B is bad

Therefore, Not A

This is reasonable if you're deciding whether to pursue A as a course of action, but it is idiotic if you're trying to decide whether A is true or not. A will be true or false regardless of whether you like what it leads to.

Well, if we're going to miss them when they're gone, then we should figure out a goddamned way to replace it, rather than saying, "The Internet is just too much revolution for you to handle, man."

Full-time investigative journalism cannot go away, for the sake of society. It's a matter of how we will continue it, or what model and best practices will supplant it. iReport doesn't count.

I'm not sure we are going to miss them when they're gone. The point of Clay's article, as I read it, is that's their argument.

In reality, I agree with Clay (and you, I think), which is to say that it isn't newpapers we might miss, but solid journalism. The interesting question is whether these are indpendent variables. I.e. could we have newspapers without good journalism and good journalism without newspapers.

I think a good case can be made that journalism has been declining for years, irrespective of the effect of the internet.

I also think it's quite possible we may end up with good journalism and no newspapers. I don't think wikileaks is the answer, for example, but such an organisation couldn't exist twenty years ago. I think we'll see a lot more attempts to create a 21st century journalism model before one sticks.

It won't go away it'll be replaced by other things. It already is. People get more news faster from voices on the ground in events like the Arab Spring than they ever did from a newspaper. So for immediacy other avenues are arising.

Newspapers and media companies, have had no problem killing off their news departments in the name of profits - eliminating foreign desks, reducing investigative reporting, focusing on lifestyle reportage and opinion pieces.

High quality opinion writers are finding success as bloggers - some are able to make a perfectly good living as such. They don't need the label of a newspaper to sit beneath any more.

There will always be outlets for investigative journalism. There will always be some form of news show and publication. Advertisers gain a certain value from placing their ads alongside high quality news content. Just not enough to support billions of dollars of newspaper revenue.

If the commercial radio and TV stations disappeared from the Bay Area we'd still have NPR - a high quality news alternative. Why? Because there are a certain number of people always prepared to pay something for high quality content.

Long way of saying I think you're right - we'll end up with good journalism and no newspapers.