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Amid a recession, advertising sales are sluggish on television and online, putting a damper on CNN’s growth plans. But CNN.com is expected to remain flush; while Web revenue doesn’t match TV’s, the costs aren’t nearly as high.Mr. Estenson and other executives expect that the digital operation will one day surpass television in revenue, echoing predictions of other executives confronting the Internet revolution.
And his estimate of when that day might come is sobering, despite CNN.com’s financial buoyancy: 10 to 20 years from now.
[nytimes.com...]
It's interesting to me that neither the reporter here, nor CNN and the "industry executives,", see how TV in a few years will be on the web. That is to say, the web will be TV (and more) and TV will be the web (and more). It's going to be one business.
We're looking at a lot of potential, technically. Now, the trick is to find out how to make it serve quality journalism. The question is, how much money is necessary to make that happen? I hear all kinds of answers, from quality journalism will be done at no cost by active citizens to proposals to spend millions.
National Public Radio (NPR) is one example people look at.
It's also interesting to try to value the [huffingtonpost.com...] .
I've seen all kind of numbers. No one really knows.And no one really knows if money matters or not to journalism.
[edited by: tedster at 6:37 pm (utc) on Jan. 19, 2009]
[edit reason] limit quotation to a 'fair use' length [/edit]
