The stories about broadcast dying or it being overtaken by cable have stopped. Same goes for the stories about the Internet hurting our business.
Sentiment: NEGATIVE
Television saved the movies. The Internet is going to save the news business.
Television is better than it's ever been in history. A lot of stories are being pushed - because of how complicated they are to make - toward Netflix and other channels on cable.
Yes, the disruption of the Internet can be blamed for the destruction of the business model that once made journalism a thriving, well-paying enterprise, but it has also created an array of new tools for reporting. Somebody will eventually figure out how to make online newspapers profitable - I hope.
Cable has come along; many all-news 24 hour cable outlets in the United States. They have cut deeply into the traditional networks' viewing audience.
I think that the problem with network television is that they cling to the whole business model like they are clinging to the side of a cliff.
But by showing us live coverage of every bad thing happening everywhere in the world, cable news makes life seem like it's just an endless string of disasters - when, for most people in most places today, life is fairly good.
What's happened to broadcasting is that broadcasting really used to be... it used to have a very clear public service quotient. And it's more or less now. And it's been lost.
Cable news is more titillating to talk about who's up and who's down and all that nonsense as opposed to what's actually done.
The Internet is king. Newspapers are dead or dying. Magazines are shrinking every day. Ad budgets are being cut. The bottom line is now the only line in advertising.
I remember when cable happened and everyone said broadcast was dead, and then satellite happened and everyone said cable was dead, and then DVDs happened and everyone said everything was over. Nothing was over. I'm very optimistic about the future.