Word: socolow
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...Socolow said the networks' dependence on news pools has resulted in a leaner news operation...
...Networks have cut back drastically," said Socolow. "Money is driving the networks out of the news business...
...networks' reliance on regulated news pools has decreased the need for foreign news bureaus, which formerly provided eyewitness reports, said Socolow...
...Network news programs] have redefined news," said Socolow, noting a change of interests from foreign to more domestic "news-you-can-use" stories, featured on programs such as 48 Hours, 20/20 or Street Sense...
...Socolow, who considers himself a member of the "old guard" of journalism, said he worries that "old-fashioned news" on programs such as 60 Minutes may be rapidly disappearing. Socolow predicted that two of the network news agencies would be out of business within five years...