Friday, July 21, 2006

BuzzMachine » Blog Archive » Too many journalists:

But sitting on another darned panel yesterday, Chrystia Freeland, ME of the FT in the US, said it better than I have. We were singing two-party harmony as I wondered why every newspaper needs a movie critic when the movies aren’t local and she questioned the need for the Miami Herald to have its own Moscow bureau — back in the heyday when she was reporting there herself — to get that apparently unique Miami view of the USSR.

Then she said that news is “an industry with a lot of oversupply that is now exposed.” I liked that hard economic talk about the business. It reminds us that we are an industry and need to reexamine our business assumptions like every other industry.