Apocalypse 36: Status Report
Posted: September 4th, 2010 | Author: Maha Rafi Atal | Filed under: Apocalypse Series, Journalism | Tags: AOL, BBC, Bloomberg, BusinessWeek, CNN, Foreign Policy, Google, media models, Nate Silver, New York Times, Newsweek, Reuters, Sidney Harman, Slate, The Big Money, Time, Washington Post, Yahoo! | 2 Comments »For over two years, I have been writing a series of posts on the media industry called the Apocalypse. I am often asked whether that’s overly pessimistic. My answer: ‘apocalypse’ is a term we use for the end of the world, sure, but it’s also, to those who take the term seriously, supposed to herald the revelation of something new and extraordinary. That is what I believe is coming to media, whenever the chaotic collapse of the model we know is over.
Occasionally, the Apocalypse Series has attempted to read the tea leaves and make predictions about the new model. I don’t believe–as other media prophets seem to–that there will be no more Big Media. Human history suggests that power tends to consolidate, break down and then consolidate again. I believe that the new consolidators of power will be organizations who can mix and match. It will be the people who can take the nichification that the web brings and use it to deepen rather than to flatten what we know. Read the rest of this entry »