OLD Media Moves

Business journalism is not ending, it's just changing

October 2, 2008

Dean Starkman of Columbia Journalism Review writes that despite New York magazine’s interpretation, he doesn’t think that business journalism is disappearing due to the economic turmoil.

Starkman writes, “The piece NY Mag is trying to criticize observes simply that the main beat the business press purports to cover—business, led by Wall Street—just blew up, a fairly obvious fact that only sounds controversial. The major institutions on the beat have disappeared or been nationalized. They were there. Now they’re gone. This event, it seems to me, raises important questions for journalism.

“The point, pretty simple, was to call for a discussion on whether the business press needs to rethink its approach to its job, either in general or in any of its particulars. The answer of several commenters to my piece appears to be, no, everything is fine.

“Lots of luck to them.

“But, I didn’t write, ask, or even remotely suggest anything to support this NY Magazine headline…

Will the Wall Street Crisis Wipe Out Business Journalism?”

Read more here.

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