Will Silicon Valley Be the Savior of Old Media?

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Oct. 22 (Bloomberg) -- In today’s “This Matters Now,” Michael Wolff, author of “The Man Who Owns The News,” talks with Tom Keene about new technology’s interest in old media. He speaks on Bloomberg Television’s “”Bloomberg Surveillance.”

Going to do something, what do they see in old media we do not know what they see.

It could be as simple -- i don't think there is much reason to cb on this.

-- see beyond this.

They are buying meeting, influence, purpose, respectability, a little bit of glamour.

The question is -- do they have an idea beyond that?

Can they reinvent something here?

You have to shrug, maybe they can.

Jeff bezos has succeeded where no one thought he -- part of your charm, joyously nasty.

The idea of the michael wolff charm is two things.

You set up your digital website -- if you were sitting with jeff bezos, what would you advise him after you went through that digital website experience at?

A good question.

I think that i would say -- here is a set of experiments that you can try.

You can take a newspaper and take a general interest publication, you have got to pick three verticals, that is your concentration.

Whether it is the federal government, crime, i do not know.

Talking about the conversation -- our editor in chief talking about journalism, where is journalism right now in the media debate?

That is unreal, nobody knows what journalism -- where is the future of journalism and serious reporting?

I only say do not tell me this.

Serious reporting is a myth.

There is this idea that journalism was once great and sacrosanct, it is baloney.

Journalism has always been what we can do today, now, in this

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