Unread and Unsubscribing : "Consumers of news now understand that... 'news is a thing made, a product, and that media with certain beliefs and values once made the news and then presented it in authoritative terms, as though beyond criticism. Thus did Walter Cronkite famously end his newscasts, 'And that's the way it is.' That way, period.'
When, after the misreported Tet offensive of 1968 (a U.S. military victory described as a crushing defeat), Cronkite declared Vietnam a "stalemate," he spoke, as Mindich says, to "a captive audience." Nearly 80 percent of television sets in use at the dinner hour were tuned to one of the three network newscasts, and Cronkite had the largest share.
If that had been the broadcast marketplace in 2004, John Kerry would be president...
The future of the big media that the young have abandoned is not certain. But do you remember when an automobile manufacturer, desperately seeking young customers, plaintively promised that its cars were "not your father's Oldsmobile"? Do you remember Oldsmobiles? "