Sunday, April 19, 2009

YouTube falling just like newspapers + Let's get rid of the WH press corps!

Slate parallels YouTube and Newspapers as both the new and the old try to maintain profitability:

Everyone knows that print newspapers are our generation's horse-and-buggy; in the most wired cities, they've been pummeled by competition from the Web. But it might surprise you to learn that one of the largest and most-celebrated new-media ventures is burning through cash at a rate that makes newspapers look like wise investments...

YouTube's troubles are surprisingly similar to those faced by newspapers. Just like your local daily, the company is struggling to sell enough in advertising to cover the enormous costs of storing and distributing its content. Newspapers have to pay to publish and deliver dead trees; YouTube has to pay for a gargantuan Internet connection to send videos to your computer and the millions of others who are demanding the most recent Dramatic Chipmunk mash-up.

Read the full article here.

Also, an interesting Op-Ed in the Washington Post today, Anna Marie Cox, of Air America says that we should get rid of the White House press corps. Cox argues that top journalistic talent is wasted in the WH press room, where scoops are simply "doled out."

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