Walter Cronkite sees the race for ratings and profits as a villain that has sent print and TV journalism sinking to new depths.
The former CBS News anchorman said reporters are more informed and better educated than they were 30 or 40 years ago, but the product is worse.Corporations that own media outlets are driven to make "excessive profits," Cronkite told journalism students at Concordia College in Moorhead, Minn. Coupled with that is the increased competition in both print and broadcast, he said.
Birthdays: For Sunday, April 26
Actress-comedian Carol Burnett 65
Songwriter-musician Duane Eddy 60
Singer Bobby Rydell 56
Actress Marne Patterson 19