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Old media will survive the blog age.


SOME smart "entrepreneur" should get to work on a parody song rifled "Bloggers Killed the Newspaper Star." The original MTV MTV
 in full Music Television

U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business.
 generation will get the reference to days gone by when the network ran these strange things called "music videos." The first video MTV ran was "Video Killed the Radio Star." If you haven't noticed, that didn't quite pan out. Radio surely has its problems, but it's still around. Meanwhile, MTV is now basically a "lifestyle" network, running programming remarkably similar to that of PBS PBS
 in full Public Broadcasting Service

Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural,
, A&E and other adult networks. For all their radical chic, MTV's fans are just like the past generations they so desperately want to transcend.

This should serve as a cautionary tale for those betting big on the doomsday scenarios being peddled about the implosion implosion /im·plo·sion/ (im-plo´zhun) see flooding.

im·plo·sion
n.
1.
 of the newspaper industry, as well as to those who await the triumph of the so-called "blogosphere." The more the media seems to change, the more its underlying patterns keep re-emerging. There's truly nothing new under the sun.

A slew of Chicken Little reports have warned of late that newspapers are on the decline, as evidenced by the latest numbers showing that in the six-month period ended in March, major newspaper circulation dropped nearly 2 percent. Meanwhile, the Internet is no longer the Rodney Dangerfield of media. According to Advertising Age, the combined ad revenues of Google and Yahoo! will be on par with the combined revenues of ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
, CBS (Cell Broadcast Service) See cell broadcast.  and NBC NBC
 in full National Broadcasting Co.

Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network.
.

There's no denying that the media landscape is changing right before our eyes. But then, it has never stopped changing. Newspapers have been in decline for more than two decades--since long before the Internet became a media player. The Big Three nightly news broadcasts have been bleeding viewers for a long time as well. Today the average age of the nightly network news viewer is 60 and rising, while the share of viewers under the age of 35 is less than 10 percent. CBS News is contemplating ideas to get younger viewers, but it's hard to see how anyone watching "Pimp My Ride Pimp My Ride is a TV show produced by MTV. Each episode consists of taking one car in poor condition and restoring it, as well as customizing it. The original American version is hosted by rapper Xzibit. " is going to switch to "CBS Evening News CBS Evening News is the flagship nightly television news program of the American television network CBS. The network has broadcast this program since 1948, and has used the CBS Evening News title since 1963.  with Bob Schieffer."

But none of the newspaper industry's woes necessarily translate into the utopian fantasy of a world where blogs role supreme. People forget that less than a decade ago, everyone was convinced that the Web was going to replace television. Hundreds of millions of dollars were poured into Web TV networks. The reality was something quite different. For some bizarre reason, people prefer to watch "Star Trek" reruns while splayed out on the couch On the Couch is an Australian television program formally broadcast on the Fox Footy Channel and it focuses on the current issues in the AFL. This is now broadcast on Fox Sports after the closure of Fox Footy Channel.

The show airs on Monday night and is hosted by Gerard Healy.
 or in bed--not sitting upright at their desk, staring at a computer.

Meanwhile, the blogosphere--the fancy word for the vast digital arena where everyone from Olsen Twin stalkers to investigative journalists share their views and observations--is coalescing. Big media outlets are starting blogs and buying up the best bloggers. Independent bloggers are joining forces to achieve economies of scale for advertising and editorial direction. It's not inconceivable that consolidation will continue to the point where bloggers become new online newspapers.

If history is any guide, the Internet won't kill the traditional media, it will be absorbed by it.

Jonah Goldberg is a syndicated columnist.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Commentary
Comment:Old media will survive the blog age.(Commentary)
Author:Goldberg, Jonah
Publication:Los Angeles Business Journal
Article Type:Column
Geographic Code:1USA
Date:May 16, 2005
Words:532
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