Wake up and smell the coffee journalists

Michael Skoler from the Nieman Foundation for Journalism at Harvard (who collectively know a thing or two about this subject) has recently written a very interesting article on "Why the News Media Became Irrelevant and How Social Media Can Help"

I'll not go into too much detail, but this paper starts in a tone that many old hacks will be concerned about:

Journalists are truth-tellers. But I think most of us have been lying to ourselves.

He covers the inconvenient fact that journalism has no business model if it cannot provide something that people value or enriched their lives.. and perhaps the discussion should stop there?