The Web Will Kill and Save Journalism

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The Web Will Kill and Save Journalism

By SemanticWeb.com on Jun 04, 2009 01:12 PM

Alex Goldman
SemanticWeb.com Contributor

InternetNews

NEW YORK -- Experts at the Mediabistro Circus yesterday predicted that the business of publishing will change fundamentally and showed how it's already changed a great deal.

Times have been tough since at least 2000 for traditional publications as readers moved to the Web, according to John Byrne, executive editor of BusinessWeek.com, and now is no time to stand on industry tradition.

"We are in world of hurt," he said. "But as bad as the past few years have been, the next few will be more gruesome."

"Media properties are in a death spiral," he added.

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