Despite the Pew Project for Excellence in Journalism's new "State of the Media" report likening the current U.S. media condition to "someone about to begin physical therapy following a stroke suddenly contracting a debilitating secondary illness," Eric Alterman and Danielle Ivory spot (Center for American Progress, 3/26/09) "one sunny area in the news business, according to the report": "Cable 'shined' in 2008. Its audience grew by 38 percent. CNN, Fox News and MSNBC gained viewers and expected to see record profits." While "unlike their paper-based compadres, they actually had money to burn on things like newsgathering and international bureaus," Alterman [...]

