New media has completely transformed the way consumers gather news and information. While it has created many new opportunities, it has also brought about numerous challenges to traditional media and even contributed to, what some consider, dying business models.
The big question in all this is, how will media continue to evolve? This is exactly what the FCC and the FTC sought out to do some 2 years ago. When the effort began, it seemed to lean heavily in the direction of saving journalism, namely, struggling media enterprises. In 2010, the FTC released its “Potential Policy Recommendations to Support the Reinvention of Journalism,” which was received with much criticism.
Since then, the FTC has not been involved with the effort. The FCC, however, recently released its own “Future of Media” report called “The Information Needs of Communities: The Changing Media Landscape in a Broadband Age.” This report was met with both criticism and praise.
Download the FCC report here
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July 5, 2011
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