At least in Europe, we have not had such a media circus since the years after the First World War. I recommend that young journalists today read the papers from the years around the 1929 Wall Street crash. They will feel at home. And I do think that in this media inferno we now are exposed to, there is a chance that a lot of great writing online in small webzines outside the great portals will mean a lot in the next decade, when the tycoons will have to give back a lot of power to the creators, while trying to sell a more accurate picture of reality as it is. Even the Market needs deeper information on reality, not only dreams.
Dreams land hard on the bourses.
And I have a feeling that a lot of new papers covering modern technology and business soon will broaden their coverage, with help from a lot of good writers. Sadly, the paper died in the 1970s, never having recovered from lost ads during the war because of its hard attacks on Hitler. The chief editor on that paper during the war, Torgny Segerstedt, did not hesitate to say that writing in papers was a very serious thing, and that papers can fight evil as well as start wars. Ethics is a must in good writing, based on an inner guide. There is no other boss.