Tuesday, November 06, 2007

News Hot, News Business Not

Catchy quotes from Tom Curley, President & CEO of AP, given during a November 1 dinner in New York and published by Editor and Publisher:

"The irony of the disrupted news economy of the 21st century is that the news is hot, but the news business is not ..."

"nothing has been invented to take the place of what reporters and committed news organizations do. Above all, it is about speaking truth to power when power most needs to be told."

"We are approaching an amazing point in the history of media. Quality will rule. With traffic to destination websites flattening and new distribution making all content accessible, we’re entering a new era of brutal competition. The best will stand out because they will be sought out. Newsrooms need to be reorganized around new content needs ..." [This seems unjustifiably rosy to me, but I willingly bow to the superior wisdom of the guy who runs AP]

"The perfect paper or newscast is becoming possible -- at least in the reader’s or viewer’s eyes. What is it you really want to know? We can personalize content now ..."

"Our focus must be on becoming the very best at filling people’s 24-hour news needs"

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