Rising unemployment and a declining economy are placing enormous fiscal pressures on news organizations around the globe. The simultaneous declines in ad revenues and circulation levels have undermined the traditional business model of newspapers, radio and television networks. The competing emergence of Internet web sites and bloggers has changed the dynamic. As a result, the news media is increasingly merging with entertainment media – a trend that holds the promise of expanding public discourse but also threatens to diminish its quality. Full Transcripts available of this seminar in the USA.