“In the last year, the trends reshaping journalism didn’t just quicken, they seemed to be nearing a pivot point,” according to the 2007 edition of the annually anticipated report on US news media by the Project for Excellence in Journalism (PEJ).

“In the last year, the trends reshaping journalism didn’t just quicken, they seemed to be nearing a pivot point,” according to the 2007 edition of the annually anticipated report on US news media by the Project for Excellence in Journalism (PEJ).

Among the report’s findings: there’s an “oversupply” of news, at the expense of quality and depth. The news industry “must become more aggressive about developing a new economic model,” the authors say. They cite journalists’ and owners’ slow responses to across-the-board business challenges and the opportunities of digital journalism, to which the report devotes a major report on the “topography of news websites.”

Click here to read the full story.

Click here to read or listen to the National Public Radio report.

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