From the latest news, NBC is going to reduce 700 jobs by the end of this year. As it was mentioned many times in the Internet: TV medium loses its positions on the market due to Internet development: like it or not, but no one can deny blogosphere as a media source nowadays, it’s more flexible, more open, and easy to join, and it has more information to look for then TV & Radio. By mentioning Vblogs, and Podcasts, you can see, that the “classical media” sources will have tough times in few years.
Unfortunately the media “giants” didn’t find a good solution for the problem except cutting down the budget, while from another side of society:
A new generation like my coevals or younger, will form the media by accepting diversity of the sources and a big potential of self-education:
The new students seemed to be studying more in groups in the library. They huddled around their laptops teaching each other. They watched videotaped lectures of other professors when they couldn’t understand their teacher’s lessons.
The newspapers and TV still didn’t get it - we don’t need them as the main source of information anymore, they are used for comparison sake in order to state our own understanding of the things.