Robert Picard would beg to differ. “The primary value that is created today comes from the basic underlying value of the labor of journalists. Unfortunately, that value is now near zero,” he writes in the Christian Science Monitor. Publishing’s traditional high barriers to entry used to place a premium on publishing space and therefore on journalism. No more. Today, technology is “de-skilling” journalists and making everyone a publisher. That means journalists need to redefine their value, and it won’t come from arguing that their work occupies some kind of moral high ground.
One approach might be to specialize. “The Boston Globe, for example, could become the national leader in education and health reporting because of the multitude of higher education and medical institutions in its coverage area,” writes Picard, an oft-published professor of media economics at Sweden’s Jonkoping University. “Similarly, the Dallas Morning News could provide specialized coverage of oil and energy.” Whatever the solution, it doesn’t mean just Twittering and blogging, but really connecting with an audience’s most sacred needs.
Redefining Journalism’s Value | Newspaper Death Watch