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Cronkite:Quest for media profits hurts (The Dinosaur speaks)
Hemscott Group Limited ^ | 2/8/07 | AFX

Posted on 02/08/2007 2:00:16 PM PST by mdittmar

Pressures by media companies to generate ever-greater profits are threatening the very freedom the nation was built upon, former CBS News anchor Walter Cronkite warned Thursday.

In a keynote address at Columbia University, Cronkite said today's journalists face greater challenges than those from his generation. No longer could journalists count on their employers to provide the necessary resources, he said, 'to expose truths that powerful politicians and special interests often did not want exposed.'

Instead, he said, 'they face rounds and rounds of job cuts and cost cuts that require them to do ever more with ever less.''In this information age and the very complicated world in which we live today, the need for high-quality reporting is greater than ever,' he told journalism students and professionals at Columbia's Graduate School of Journalism. 'It's not just the journalist's job at risk here. It's American democracy. It is freedom.'

Cronkite said news accuracy has declined because of consolidations and closures that have left many American towns with only one newspaper. And as broadcasters cut budgets and air time for news, he said, 'we're all left with a sound bite culture that turns political campaigns into political theater.'

The former anchor urged owners of media companies -- newspapers and broadcast alike -- to recognize they have special civil responsibilities.

'Consolidation and cost cutting may be good for the bottom line in the short term but that isn't necessarily good for the country or the health of the news business in the long term,' he said.

Michael Copps, a commissioner on the Federal Communications Commission, later said that looser broadcast regulations -- such as those that had required stations to regularly prove they serve the community interest -- have resulted in less local coverage, less diversity of opinion and fewer jobs for journalists over the past quarter century.

Without directly naming the nation's largest radio station operator, Clear Channel Communications Inc., Copps complained that many local musicians were being pushed aside when 'media behemoths' distribute playlists from a central office.

The FCC is considering relaxing the rules even more. The agency decided in June to reopen the hotly disputed issue of ownership limits, which currently restrict the number of radio and television stations that one owner can have as well as cross-ownership between newspapers and broadcasters.

Many of the broadcast television networks and large media companies such as the Tribune Co. and Gannett Co. have complained that current restrictions are outmoded in a digital age in which consumers also have the Internet and cable TV from which to choose.

Considering television alone, the nation saw the number of major networks grow from three to five, said Benjamin Compaine, author of 'Who Owns the Media?: Competition and Concentration in the Mass Media.' Add to that several 24-hour news channels on cable, he said.

But opponents of loosened rules worry that changes would hurt minorities' access to the airwaves, curtail children's and local programming and limit musical diversity.

'We have more outlets now, more in sheer numbers, engaged in news presentation than we've ever had,' said Tom Rosenstiel, a former political reporter for the Los Angeles Times and now director of the Project for Excellence in Journalism. 'The problem is most of them are not engaged in a lot of serious news gathering. They are largely engaged in repackaging material that other people have produced.'


TOPICS: Culture/Society; Front Page News; News/Current Events; War on Terror
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To: gov_bean_ counter

"Pressures by media companies to generate ever-greater profits are threatening the very freedom the nation was built upon, former CBS News anchor Walter Cronkite warned Thursday."

Can't have profits when you pander to only 20% of the American populace.

Death to the Dinosaurs!!!


21 posted on 02/08/2007 2:18:19 PM PST by EQAndyBuzz (The Clintons: A Malignant Malfeasance of the Most Morbid)
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To: FrPR
MSM still holds power enough to embolden terrorists and destroy the credibility of our Executive

And keep a democrats winning office.

22 posted on 02/08/2007 2:18:53 PM PST by alrea (Because the press told them to, day in and day out, 24/7, headline after headline, for six years.)
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To: mdittmar

News Readers are just entitled to become old, rich and senile. Walter sure has a lock on all three.


23 posted on 02/08/2007 2:18:58 PM PST by norwaypinesavage
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To: mdittmar
Walter speaks: oooy-il, oooy-il!
24 posted on 02/08/2007 2:27:22 PM PST by vamoose
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To: chesley
"The former anchor urged owners of media companies -- newspapers and broadcast alike -- to recognize they have special civil responsibilities."

This pompous gasbag ought to work on all his fellow MSM-dinosaurs, urging the hordes of left-liberal MSM frauds (so-called editors, reporters, and columnists) "to recognize that THEY have special civil responsibilities" -- such as honest, accurate, vigorous reporting of all the matters that the MSM works so hard to distort..........
25 posted on 02/08/2007 2:32:10 PM PST by Enchante (Chamberlain Democrats embraced by terrorists and America-haters worldwide!!)
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To: mdittmar
Ah, the good old days...


26 posted on 02/08/2007 2:32:15 PM PST by oblomov (Progress is precisely that which the rules and regulations did not foresee. - von Mises)
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To: mdittmar

"The former anchor urged owners of media companies -- newspapers and broadcast alike -- to recognize they have special civil responsibilities."

I'd settle for them just telling the truth; nothing more, nothing less. Without the lies, the spin, the feigned outrage and the glaring omissions. It's not rocket science.


27 posted on 02/08/2007 2:33:22 PM PST by Spok
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To: mdittmar

Who cares what this lying, socialist, anti-American globalist POS has to say? He has long since out lived his usefullness.


28 posted on 02/08/2007 2:33:25 PM PST by pgkdan (Tolerance is the virtue of the man without convictions - G.K. Chesterton)
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To: mdittmar

It's hard to believe that Uncle Walter outlived Anna Nicole Smith.


29 posted on 02/08/2007 2:41:42 PM PST by D-Chivas
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To: paguch

Cronkite and Columbia. Both are going to burn for eternity.


30 posted on 02/08/2007 2:42:42 PM PST by Calvin Locke
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To: mdittmar
Walter Cronkite is an untreated alcoholic so it's not strange he would confuse himself with a real journalist. Cronkite was a copy reader. In television "news" there are copy writers who rewrite wire copy (AP, UPI, etc.) and rewrite stories stolen out of newspapers. There are also some real "reporters" who travel around with a camera crew and cover things. Then you have people like Cronkite who are copy readers. These are people with a good broadcast voice and a pleasant appearance who read copy handed to them in front of a camera. "Ted" on the Mary Tyler Moore Show was fictional but very true to life. Dan Rather was also a copy reader. In 2004, he and his idiot producer accepted as real, fake documents that wouldn't fool a summer intern at a rural weekly newspaper. Television news, like Hollywood, elevates the most mediocre minds into stardom and wealth.
31 posted on 02/08/2007 2:59:55 PM PST by Brad from Tennessee (Anything a politician gives you he has first stolen from you)
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To: mdittmar

Enjoy your retirement, STFU and leave the rest of us alone, Walter.


32 posted on 02/08/2007 3:04:32 PM PST by reagan_fanatic (Every time a jihadist dies, an angel gets its wings.)
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To: Brad from Tennessee
I remember Cronkite pausing to wipe tears from his eyes when he announced the death of JFK.

Today, I have no doubt that most journalists would wipe tears of joy from their eyes if a tragedy befell President Bush or VP Cheney.

33 posted on 02/08/2007 3:04:34 PM PST by Night Hides Not (Chuck Hagel is the Republican Joe Biden!)
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To: mdittmar
'Consolidation and cost cutting may be good for the bottom line in the short term but that isn't necessarily good for the country or the health of the news business in the long term,' he said.

Hallelujah! Anything that slams the door on you Marxist vultures (especially when that "anything" is free enterprise) I have to say, "Hallelujah." Hallelujah!

34 posted on 02/08/2007 3:13:54 PM PST by EndWelfareToday (Live free and keep what you earn. - Tancredo, Hunter or Savage '08)
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To: mdittmar

In Walter's World, trying to stem billion dollar losses translates into "generate ever-greater profits." Of course, his tribe sees reductions in rates of growth as cuts, so what can you do? it's just another one of those days filled with events that alter and illuminate our times.


35 posted on 02/08/2007 3:16:05 PM PST by gcruse (http://garycruse.blogspot.com/)
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To: mdittmar
If only Cronkite had only told the country in the 60's or 70's that he was a Communist rather than wait until after he retired....

Oh,and Walter.....here's hoping that you live long enough to see the wind farm in Nantucket Sound in full operation from the front yard of your multi-million dollar summer bungalow.

36 posted on 02/08/2007 3:24:57 PM PST by Gay State Conservative ("The meaning of peace is the absence of opposition to socialism."-Karl Marx)
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To: mdittmar
'It's not just the journalist's job at risk here. It's American democracy. It is freedom.'


The biggest threat to American democracy is the deranged, loony left, America-hating, terrorist loving, ultra based liberal media.
Deport these vermin to Siberia and American democracy will get a very big boost, from the huge reduction in disinformation and garbage that Americans are being subject to every single day by the liberal media low lives
37 posted on 02/08/2007 3:34:32 PM PST by ShawTaylor
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To: mdittmar

I was there when he made his first parachute jump. He shook with fear and wouldn't have gone through with it if his job wasn't on the line...


38 posted on 02/08/2007 3:41:58 PM PST by TaxRelief (Wal-Mart: Keeping my family on-budget since 1993.)
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To: TaxRelief
I was there when he made his first parachute jumpWhere was that?

cronkite jumped out of a plane?

Do you have a link?

39 posted on 02/08/2007 4:00:33 PM PST by mdittmar (May God watch over those who serve,and have served, to keep us free.)
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To: D-Chivas
It's hard to believe that Uncle Walter outlived Anna Nicole Smith.

It's hard to believe that Hugh Hefner outlived Anna Nicole Smith.

40 posted on 02/08/2007 4:03:04 PM PST by Night Hides Not (Chuck Hagel is the Republican Joe Biden!)
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