The Domination of Online Media
Mainstream media suffered another loss yesterday with the announcement Howard Kurtz would be leaving the Washington Post and joining the Daily Beast.
A few weeks ago, Huffington Post announced the hiring of Newsweek's Howard Fineman.
Every week it seems the list of prominent MSM writers defecting to online media (now called digital media) grows while layoffs become more prevalent at newspapers and magazines like Newsweek.
Digital media is clearly winning. Here's an interview today with Daily Beast editor and founder Tina Brown. And yes, the Daily Beast is in "discussions" with Newsweek. Sounds like a merger of some sort may be in the works.
In another media shift, a number of former well-known newspaper reporters have joined the National Journal.
How will the newspapers cope? My guess is they will probably stop offering their content for free. But will there be anything left worth paying for to read?
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