Cable Grows, News Shrinks

Despite the Pew Project for Excellence in Journalism’s new “State of the Media” report likening the current U.S. media condition to “someone about to begin physical therapy following a stroke suddenly contracting a debilitating secondary illness,” Eric Alterman and Danielle Ivory spot (Center for American Progress, 3/26/09) “one sunny area in the news business, according to the report”: “Cable ‘shined‘ in 2008. Its audience grew by 38 percent. CNN, Fox News and MSNBC gained viewers and expected to see record profits.” While “unlike their paper-based compadres, they actually had money to burn on things like newsgathering and international bureaus,” Alterman […]