Study: Journalism in Transformation

Mar 14, 1:39 PM EST

Study: Journalism in Transformation

By DAVID BAUDER
AP Television Writer

NEW YORK (AP) -- Journalism in 2004 is in the midst of an epochal transformation that is complicated by cost-cutting and a public mistrust of the media, a study released Sunday concluded.

The study, by the Project for Excellence in Journalism, is intended to be the first of an annual look at electronic, print and online journalism.

It painted a picture of a business going through fragmentation and convergence at the same time. For example, Americans are turning to more and different sources for news, yet outlets are increasingly owned by a few giant companies.

More people are competing to tell stories but, as witnessed by the repetition of cable news networks, fewer stories are actually being told.
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