From the executive summary of the report:
This report looks not only at the changing face of media, but at the relevant policy and regulatory situation, including the FCC’s own track record. Our basic conclusion: with the media landscape shifting as fast as it has been, some current regulations are out of sync with the information needs of communities and the fluid nature of modern local media markets.
2009-2010 Reynolds Fellow Michele McLellan is quoted throughout the report. Below is a sample of what she said.
Michele McLellan, who has studied the digital news scene comprehensively for the University of Missouri journalism school, writes, “The tired idea that born-on-the-Web news sites will replace traditional media is wrong- headed, and it’s past time that academic research and news reports reflect that.”
Having studied the new breed of news websites, Michele McLellan wrote that those websites often offer hy- perlocal services that traditional media never did but, on the other hand, do not fill the gaps in reporting left by the newspapers, “The tired idea that born-on-the-Web news sites will replace traditional media is wrong-headed, and it’s past time that academic research and news reports reflect that.”

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