Media Talk: New Media, Traditional Values

"While being first means being exclusive, it can also mean being wrong and/or unnecessarily alarmist... The dramatic fall in circulation of once proud mastheads is not just about new media’s impact, but also about poorer content and dwindling trust. A lack of quality control, the drive for exclusivity, the tendency to hyperbole, the desperation to lead debate and the desire to crap on the competition all make for a worrying outlook." 
Ian Smith, 'New Media have edged out old-school journalism', for Spectator Australia