Economist.com | The future of journalism

“I believe too many of us editors and reporters are out of touch with our readers...[Today's teens, twenty- and thirty-somethings] don't want to rely on a god-like figure from above to tell them what's important.”
- Rupert Murdoch, CEO of News Corporation

Not sure if he is concerned. It's good that he's not overly optimistic but bad as the company's reality does not really take advantage of the Web.