New report calls for national strategy to contend with the crisis in journalism
"Traditional media have been battered by a perfect storm, as the rise of the Internet and the disappearance of traditional ad dollars collided with the economic downturn," said Craig Aaron, senior program director of Free Press and co-author of the report. "But many of the media industry's wounds are self-inflicted, the result of bad business decisions and failed strategy, aided by idle regulators who looked the other way. We need a new approach."