U.S. media nearing “pivot point” — PEJ report

“In the last year, the trends reshaping journalism didn’t just quicken, they seemed to be nearing a pivot point,” according to the 2007 edition of the annually anticipated report on US news media by the Project for Excellence in Journalism (PEJ).

Among the report’s findings: there’s an “oversupply” of news, at the expense of quality and depth. The news industry “must become more aggressive about developing a new economic model,” the authors say. They cite journalists’ and owners’ slow responses to across-the-board business challenges and the opportunities of digital journalism, to which the report devotes a major report on the “topography of news websites.”

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Click here to read or listen to the National Public Radio report.

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