Thursday, 2 February 2012

Can Web Journalism Replace Traditional Media?


Can Web Journalism Replace Traditional Media? By David Stent


Four years ago the CEO of Microsoft, Steve Balmer, stated in an interview with the Washington Post that, “There will be no media consumption in 10 years that is not delivered over an IP network. There will be no newspapers, no magazines that are delivered in paper form. Everything gets delivered in electronic form.” Now with six years to go until we see if his prediction comes true or not, it is beginning to look more and more likely.

If we were to look back not even two decades such a statement would have been fobbed off by most, yet the rate at which technology is advancing and connecting the world is so rapid it seems very likely that web journalism could very well replace traditional media.

A recent documentary, Page One, on the New York Times explores this exact question. Surely a behemoth, an American institution such as the New York Times need not worry about whether some unknown Internet writers and bloggers could ever become bigger than them? The editors and the writers of the NYT certainly seem worried that they can.

There are many factors as to how this will happen, the most obvious of them being what does the reader want?  In this day and age where information is so readily available, the convenience and accessibility factors of worldly news are starting to trump that of quality. Internet readers want quick bite sized titbits of information to satisfy them, a six-month investigative expose rarely keeps one glued when it is on a computer screen.

The New York Times are one of the fortunate companies that have both a regular national and international readership that allows them to keep afloat with constant sales and advertising revenue, other smaller print outlets have not been able to keep up. It has become far cheaper and easier to advertise online, and such advertisement reaches a far wider audience.
Two very telling facts here is that in America in 2008 & 2009 more than 30,000 newsroom jobs were lost, and in 2010 40 newspapers were forced to stop their presses, of these only 2 went online. It is obvious the change from traditional media to online is happening at a frightening pace. Who could have foreseen an entire industry collapse within a decade?

Online media doesn’t necessarily have to mean that bloggers are to replace the roles of journalists in society, but the move from traditional press media to an online format is as likely as the evolution from horse drawn carriages to motor vehicles. It is something that should be embraced, not feared. Using the New York Times as an example again, the have had to change their business model in order to use technology as an advantage of theirs, and this can be seen in their excellent online publications that are available on tablet computers.

Ultimately the problem that print publications face is that the loss of advertising revenue to the Internet is so crippling that without moving to become an online media source their business is most likely doomed. The balance between maintaining a presence in the print industry and being successful online is tough to balance, especially with the increase bloggers, Twitter and the like.



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