I’m a big believer that in this environment, there is no one way to get to market. Both online and traditional media work in unique ways. You need to find the right mix of both that will serve and reach your audience.
But right now, major media has a problem, and it isn’t necessarily the internet. Sure, the internet has changed how print media needs to do business. But much of the problem for major media is that they are fighting the need to realign their old model to fit the contemporary model.
They still don’t know how to capitalize or monetize the edge they have. A recent study done by Cornell researchers shows that there is indeed an edge for traditional news outlets. Fast Company’s Kit Eaton says “it’s a sign that the old guard should chill out about blogs and how they’re destroying the news world.”
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