Mark Cuban posted recently (http://www.blogmaverick.com/2007/05/20/newspapers-tv-and-the-net-its-convergence-time/) on the need for television and newspapers to converge to survive. This does seem like a potential evolutionary path, however, I think that television is lost in terms of news, which is reflected in the audience demographics. I believe that the leader in re-inventing the news is the New York Times. The quality of the reporting in combination with multi-media is pushing the envelope for timeliness and quality.
Example: http://www.nytimes.com/packages/khtml/2007/05/22/world/20070523_SEARCH_FEATURE.html
I don't see this quality of reporting any where else. It would not surprise me if we continue to see NY Times testing out a range of new media experiments as they continue to provide excellent blogs, video segments and insight reporting.
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