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Beyond the CEO
By Jeff Bailey

The Pulitzer Lesson
By Chris Roush

Fresh Financial Rules
By Jennifer Hopfinger

When Cash is King
By James Gentry

Independent Insight
By Dick Weiss

The Pulitzer Lesson

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By Chris Roush
April 24, 2009

There’s been a lot of hand wringing and grinding of teeth in the world of business journalism this past week in the wake of no stories or columns winning a Pulitzer Prize for writing about the current economic crisis.

And I note that a lot of the analyzing and navel gazing comes from our business journalism brethren in the daily newspaper world.

I think it’s time for them – with the exception of those who work at The Wall Street Journal – to wake up and realize that their self-importance is overblown and they’re no longer where consumers of business news go first to get their information.

Weekly business newspapers, cable TV business networks, Web sites, blogs, Twitter feeds and a number of other outlets have so diluted the daily business newspaper of business news that they’re no longer the top dog for business journalism. Someone hit them over the head, please.

It’s painful for me to come to this realization. I’m a former business journalist for three different metro newspapers, and I look back fondly on my work there.

But as a consumer of business news, it’s no longer where I go to get my information. Business journalists who are holding on to the daily newspaper need to get a grip and understand that, or they’ll be out on the street like many of their brethren.

What’s more troublesome for me is that the business journalists from daily newspapers seem to be controlling the conversation about business journalism’s future. Or, the conversation about business journalism’s future is focused too much on what’s going on at daily newspapers.

That’s not where the discussion needs to be centered. This week, my students and I took at look at the iPhone and Blackberry apps for The Wall Street Journal. I also showed them my Kindle, where I can get dozens of business news blogs with a couple of buttons pressed.

Just look at the Pulitzers. This year, they allowed work from Web sites. None won, but it’s a start. I envision in the future that the Pulitzers will open themselves up to entries from other delivery forms as well.

And my fear is that the daily business newspaper business journalists will still be arguing about their importance.

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