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Monday, November 17, 2008

More from Murdoch's speech not in AP's report--ouch!

Murdoch to the media, 11/16/08: "The complacency stems from having enjoyed a monopoly--and now finding they have to compete for an audience they once took for granted.

  • It takes no special genius to point out that if you are contemptuous of your customers, you are going to have a hard time getting them to buy your product. Newspapers are no exception."...

"It used to be that a handful of editors could decide what was news-and what was not.

  • They acted as sort of demigods. If they ran a story, it became news.

Today editors are losing this power. The Internet, for example, provides access to thousands of new sources that cover things an editor might ignore. And if you aren't satisfied with that, you can start up your own blog and cover and comment on the news yourself.

  • but they haven't always responded well when
  • the public calls them to account."" via the Drudge Report
Reference: AP article

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