How have journalism careers shifted recently with the advent of the web?
Pat McGovern: I talked to the dean of the journalism school at Columbia University recently, and he said the whole career of journalism is being rethought. You used to get trained and get your master’s in journalism and you went to work for a publishing company and built your career as an employee. Today you start a blog and get a lot of references and get famous and your name is your brand. You can get paid for speeches and to go to conferences, and then a book publisher comes through and wants to synthesize what you’ve written on your blog into a book. With speaking fees and book royalties you could be making $500,000 or $600,000 a year, and the poor journalist is making $70,000 or $80,000 a year working as an employee. So there are a lot of people who are realizing that there’s a lucrative career making a name for themselves instead of being an employee. There is a lot of talk about people becoming their own publisher, because they can online. How do you see that affecting the way p
