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Online Journalism versus Newspapers:
http://volokh.com/archives/archive_2008_05_11-2008_05_17.shtml#1210609874


   I greatly appreciate the invitation to guest blog on Volokh Conspiracy
   about my new book, [1]Copyright's Paradox.
   A central theme of my book is that copyright law is no less a part of
   national media and information policy than are the Telecommunications
   Act and the First Amendment. In particular copyright serves as a major
   battleground between digital and traditional media.
   Media lawsuits against Google are a prime example. Newspapers have
   sued the multi-billion dollar upstart over Google News, book
   publishers have sued over Google Book Search, movie studios over
   Google�s YouTube, and adult magazines over Google Image Search. The
   outcomes will profoundly impact the shape of the media, how we receive
   and impart information, news, and opinion, and what types of speech
   are most salient to the public. Depending on how copyright law is
   configured, the new media may supplant the old or the traditional
   incumbents may stifle the new.
   I will expand upon copyright's role in a later post. Here I want to
   focus on newspapers and ask whether we should care about their demise.
   In a recent [2]article in The New Yorker, Eric Alterman surveys the
   evidence and concludes that "it no longer requires a dystopic
   imagination to wonder who will have the dubious distinction of
   publishing America's last genuine newspaper." As he demonstrates, a
   primary cause for newspapers' rapid decline in advertising, readers,
   market value, and, indeed, sense of mission is the Internet.
   The Internet makes the daily newspaper look slow and unresponsive.
   Young people in particular (only 19 percent of Americans under 34 even
   claim to look at a daily newspaper) prefer to surf the Web and log in
   to social network sites for up-to-date, easily digestible news bites.
   Even aside from lost readership, the Internet erodes newspaper
   advertising revenue. Craigslist has wiped out classified advertising.
   Online news aggregators, like Google News, usurp much other
   advertising. And for newspapers, moving online is no panacea;
   newspaper Web sites benefit from the growth of online advertising, but
   not nearly enough to replace revenue losses from circulation and print
   ads.
   Not all bemoan newspapers' decline. Many news bloggers and other
   self-styled online journalists trumpet their superiority over the mass
   media. Arianna Huffington, co-founder of the [3]Huffington Post
   "Internet Newspaper," has been particularly relentless in attacking
   the mainstream news media for what Huffington characterizes as the
   media�s purported prolonged servile acceptance of the Bush
   Administration's invasion of Iraq and domestic war on terror. And in
   his seminal book, [4]The Wealth of Networks, Yochai Benkler argues
   that peer reporting from a multitude of online speakers does better
   than traditional news media both at bringing information and opinion
   to the fore and engendering an activist, autonomous citizenry.
   Peer reporting and opinion no doubt form an invaluable component of
   public discourse, both in and of themselves and for calling
   traditional news media to brook for its failings. But so-called �news
   blogs� are valuable primarily as media gadflies and commentators. They
   do not and cannot substitute for institutional news media in
   performing the still vital Fourth Estate function.
   The blogosphere is largely parasitic on media coverage. Blogs from the
   Huffington Post on down engage in [5]little original reporting and
   [6]link to stories from the mainstream press far more than to other
   blogs. Online opinion also appears to be highly fractured and
   balkanized. Conservative and liberal bloggers, for example, rarely
   link to blogs across the political divide -� and even when they do,
   views from opposing camps can generally be found only by following a
   link; unlike newspaper op-eds and letters to the editor, they are not
   interspersed side by side.
   Bloggers also lack the financial resources for investigative reporting
   and fact-checking that mass media enjoy. Even the relatively
   well-heeled, The Huffington Post removes erroneous blog posts only
   after the fact if it receives a round of reader complaints. It does
   not commit to reviewing posts before posting (except perhaps for the
   posts on its home page). There are exceptions, like the largely
   user-contribution-financed Talking Points Memo, but I don't see these
   as a scalable model to take the place of the institutional press.
   I wholeheartedly (but sadly) agree with media critics that the press
   miserably fails to live up to its fourth estate ideal. But the
   judgment we must make in evaluating flawed instititions is always "As
   compared to what?" Even with its flaws, the institutional press has
   the ability to serve -- and aspires to serve -- fourth estate
   functions that individual bloggers do not and cannot.
   So while bloggers make an invaluable contribution to public discourse,
   their contribution is different than that of the institutional press.
   I think we need both.

References

   Visible links
   1. 
http://www.amazon.com/Copyrights-Paradox-Neil-Weinstock-Netanel/dp/0195137620
   2. http://www.newyorker.com/reporting/2008/03/31/080331fa_fact_alterman
   3. file://localhost/var/www/powerblogs/volokh/posts/1210609874.html
   4. 
http://www.benkler.org/wealth_of_networks/index.php?title=Main_Page#Read_the_book
   5. http://www.stateofthenewsmedia.com/2006/printable_daymedia_blogs.asp
   6. http://www.blogpulse.com/papers/2005/AdamicGlanceBlogWWW.pdf

   Hidden links:
   7. http://www.huffingtonpost.com/

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