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Monday, April 12, 2010

Gloomy News Executives

The Pew Research Center's Project for Excellence in Journalism reports on a new survey of news executives:
Fewer than half of all those surveyed are confident their operations will survive another 10 years—not without significant new sources of revenue. Nearly a third believe their operations are at risk in just five years or less. And many blame the problems not on the inevitable effect of technology but on their industry’s missed opportunities.

And most news executives think the Internet is changing the fundamental values of journalism. Six out of ten feel this way—though executives from broadcast operations (62%) do so more than executives from newspapers (53%). And their biggest concern is loosening standards of accuracy and verification, much of it tied to the immediacy of the Web.