The Command Post did a talk to editors of Associate Press newspapers recently and put
‘Here’s the lesson from Command Post: information in general, and news in particular, is now a flow, and not a stock.
Before the internet, information was governed by set distribution channels and gatekeepers … brokers … who decided who was able to have what. The stock broker had the price. The real estate agent had the prior housing report. The car salesman had your credit report.
And in news, the journalists had the facts, and the editors acted as brokers, making choices about what would be reported and what wouldn’t.
Not the case now. The Internet hates brokers. It KILLS brokers. Now, because of the Internet, everyone with a computer, an email address and a browser is a point of distribution … the only thing needed for information to “get out” is an interest on the part of one person to supply it, and a demand on the part of another person to have it.
When you have a billion people connected to each other, there is a supply and a demand for everything … and when you have search engines like Google, they actually have the ability to find each other.’
Read more at The Command Post – The Publisher’s Desk – Full Text Of My Speech To AP Managing Editors