I had one hour today to introduce a lecture hall of nearly 200 first year students from various courses to how the internet has affected journalism. Admittedly, it was just an introduction, but even so it was pretty hard to condense it into a single lecture. I did my best.
At one stage I brought up the recent purchase of the Washington Post by Jeff Bezos for the relatively small sum of £160m, and pointed out that was roughly what Johnston Press paid for the rather less grand Scotsman just eight years ago. Showing a picture of Woodward and Bernstein, I started to say that they would probably be turning in their graves at the low valuation of their famous old paper, then realised they’re both still alive. Change really has come quickly to the news business.