Saturday, July 09, 2005

The Truth vs. The Dollar

Business Week explains why Matt Cooper ultimately had to testify in the Valerie Plame case: "What wins Pulitzers and the envy of peers does not necessarily drive huge sales or increase franchise value. (It's market position, not front-page exposés, that makes The New York Times more valuable than the New York Post.)" The Truth vs. The Dollar

This kind of thing makes newsfolk sad or angry. More significantly, it makes the public poorer because it raises the cost of courageous reporting about government and other power centers.

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