Big Media Meltdown

Jeff Jarvis points to some amazing facts and figures about what’s happening in the US. A quote from the Wilson Quarterly: “Collapse is not too strong a word to describe what has happened to America’s major news media. Stripped of their old economic and technological advantages, befuddled by the changing character of their audiences, and beset by new competitors, they are reeling from the blows recent scandals have dealt to their credibility and presige. Their old authority is one, and with it, perhaps their ability to define for Americans a shared realm of information, ideas and debate.”

When will it happen in India?

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