This appendix compares the quality of the investigatory and local journalism contained in “old media” with that contained in “new media” by using the metrics the journalism industry itself uses. We ascertain which type of media has won most of the journalism awards in the years since these awards became open to the new media. To do this, we somewhat arbitrarily divided the media world into three categories: “old,” “new,” and “hybrid.” It is admittedly extremely difficult to define “old,” “new,” and “hybrid” types of media. Since the media sector is in flux, so too must be these definitions. Moreover, many media operations are difficult to classify.
November 2014, Vol. 66, No. 6
Lily Kahng, The Taxation of Intellectual Capital