Big Media Lacks — A Lot

I found this interesting. Jay Rosen and a bunch of other well known bloggers met with some of the bosses of big media to discuss the future of web development and cultural change. Here’s part of the story:

Big Media does not know how to innovate.

What capacity for product development do news organizations show? Zip. How are they on nurturing innovation? Terrible. Is there an entreprenurial spirit in newsrooms? No. Do smart young people ever come in and overturn everything? Never. Do these firms attract designers and geeks who are gifted with technology? They don’t, because they don’t do anything challenging enough. They don’t innovate, or pay well. So they can’t compete.

Go read the rest.

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